While the James Webb Space Telescope dominated the tech headlines last week, a Seattle satellite startup raised funds to improve its own imaging capabilities. In other news, two startups secured funding, and Netflix partnered with Microsoft. Catch up on the latest tech news with the Built In Seattle Weekly Refresh.
NutriSense raised $25M. NutriSense is a health platform that uses sensors to continuously track a user’s glucose levels. The platform also connects users to dietitians who can help them on their fitness journey. With the new funding round, the company plans to grow its team. [Built In Seattle]
Uplevel pulled in $20M. Uplevel creates software that tracks project status and can display how much work is assigned to each employee. Its software works by connecting with other software and creates a forecast on whether projects will be finished on time. The company, which recently instituted a four-day work week, plans to grow its team with the new funding. [Built In Seattle]
Seattle Tech Quote of the week
Peer raised $14M. Peer wants to build a platform where social posts can be monetized by turning them into NFTs stored on the blockchain. The company plans to use the new funding to build the platform. Afterwards, it will focus on creating hardware, and eventually an AI system, for the platform. Peer is currently testing its social media network with a network of 20,000 beta testers and hopes to have an early version of the app by August. [Built In Seattle]
Netflix partnered with Microsoft. Netflix announced last week that it partnered with Microsoft to integrate adds into a new ad-supported subscription plan the streaming company is working on. After losing subscribers in Q1, Netflix plans to offer the cheaper, ad-supported subscription as part of its plan to reel in new users. [Built In Seattle]
BlackSky got $4.4M. BlackSky is a satellite imaging startup that uses geospatial satellites and artificial intelligence software to monitor strategic locations for clients. With $4.4 million in funding from Intelligence Advanced Research Projects Activity, BlackSky will work on a Space-based Machine Automated Recognition Technique (SMART) program that can search for natural or man-made events. [Built In Seattle]
