Seattle’s tech scene brought Q2 to a close last week with a string of exciting funding rounds and acquisition announcements. As we head into the next quarter, here’s a look back at last week’s news. This is the Built In Seattle Weekly Refresh.
Atomo Coffee raised $40M. The beanless coffee producer upcycles ingredients like date seeds, chicory roots and grape extracts to create caffeinated coffee alternatives. It plans to use its new funds to increase manufacturing and launch in retail stores. [Built In Seattle]
Rollzi gained $8M. The efficiency-focused truckload carrier helps trucking customers unlock efficient relay shipments to create more revenue, increase service reliability and provide better driver experiences. The seed equity and credit financing will be used to expand the company’s reach to the West Coast. [Business Wire]
Seattle Tech Quote of the Week
Seashell was highlighted as a Future 5 startup. Backed by Mark Cuban, the company is building a fintech platform that offers high yields through diversified investments. The startup claims to help users grow their money faster than traditional alternatives. Seashell recently emerged from stealth with an oversubscribed seed round netting the company $6 million. The startup hopes to launch its beta platform this summer. [Built In Seattle]
STRIVE got $6M. The platform helps athletes optimize muscle performance using proprietary algorithms and sensors worn in compression clothing. The Series A funding was led by Future Communities Capital and will be used for innovation investment and market expansion. [STRIVE]
CreativeLive acquired Wildist. The freelancer services marketplace platform bought Wildist to build out its online courses for outdoor and adventure photography. Financial terms of the acquisition were not disclosed. CreativeLive was acquired by Fiverr last year. [GeekWire]
SageView opened a Seattle office. The RIA investment platform which provides retirement investment solutions announced plans to open a new office in Seattle to complement its team in Portland. This new office is also part of the company’s “aggressive growth strategy.” [Built In Seattle]
