Epic Games raised $1.78B. The video game studio is best known for Fortnite and has a large presence in Bellevue. Baillie Gifford, BlackRock, Fidelity Management & Research and more participated in the round. [Built In Seattle]
Microsoft may acquire U.S. operations of TikTok. The social media app is especially popular among teens. Microsoft confirmed the rumors that it is in talks to potentially acquire the platform’s U.S. arm. [Built In Seattle]
GentiBio launched with $20M. The company draws on tech from Seattle-based researchers to engineer regulatory T cells, which can be used to treat allergic reactions and autoimmune, alloimmune and autoinflammatory diseases. OrbiMed, Novartis Venture Fund and RA Capital Management led the funding round. [Built In Seattle]
Minnow raises $2.2M. The company created IoT-enabled, contactless food pick-up stations that are installed in restaurants, cafeterias, office buildings and more. Elevate Capital led the seed round. [GeekWire]
Bid Garage announced launch of online classic car auction platform. Founded in 2019, the company has eight employees that are all currently remote due to the pandemic. It plans to hire auction specialists and a community manager. [Press Release]
