Seattle’s tech scene is alive and thriving as several businesses in the space secured notable rounds of venture funding last month. While the city continues to be a hot spot for game development, Seattle saw investments in spaces like greentech and aerospace in October. Read on to learn how these companies are growing.
Top Seattle Tech Funding Rounds, October 2023
- Stoke Space
- Pulumi
- Omnidian
- Neon Machine
- Optimize Health
- Skytap
#5. (tied) $18 million, October 19
Skytap, a company that works to help organizations transition to cloud-based operations, secured $18 million in fresh funding from Vistara Growth. Its solution works to enable traditional software applications to run on cloud services.
#5. (tied) $18 million, October 10
Backed by a round of Series B funding, healthtech company Optimize Health plans to scale its operations, accelerate its market strategy, grow its product portfolio and fuel expansion into new markets. The company offers tech and services to support remote patient healthcare. Foundry and Escalate Capital Partners led the Series B.
#4. $20 million, October 25
Game development studio Neon Machine secured a round of Series A funding from lead investor Polychain Capital. The company will invest in developing its first-person shooter game Shrapnel with its fresh capital. The game will be available for early access in December ahead of its full launch in 2024.
#3. $25 million, October 26
Solar asset management company Omnidian raised $25 million in a new funding round from investors including Activate Capital and WIND Ventures. The company’s solar experts leverage its software to remotely detect performance issues and manage commercial and residential solar assets. The funding will help Omnidian further its technical innovation.
#2. $41 million, October 3
Offering infrastructure-as-code solutions, Pulumi aims to help its customers manage more resources at a lower cost than traditional tools. The company secured $41 million in Series C funding led by Madrona that it plans to put toward enhancing its open source platform and strengthening its infrastructure security.
#1. $100 million, October 5
Headquartered in Kent, Stoke Space secured $100 million in capital to build its first-stage rocket engine and structure. It will also construct its orbital version of its reusable second-stage engine. Stoke Space is on target to launch its first orbital test flight in 2025 as it works to build a reusable launch system. Its latest funding round was spearheaded by Industrious Ventures.
