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People & Companies

May 20, 2022

Ultra Safe Nuclear


Ultra Safe Nuclear announced the addition of energy-industry veteran, Vladimir Novak, as chief commercial officer. Novak will be responsible for setting corporate strategy and leading commercial growth across global markets. He will also oversee the company's marketing efforts, educating industry leaders, partners, and consumers on micro nuclear technologies and the Ultra Safe Nuclear approach. He joins Ultra Safe Nuclear from Chevron where he held senior positions for the past 14 years, as well as various leadership roles at GE in technology and business development. Over the past three years at Chevron, Novak initiated and led the company's energy transition toward low-carbon fuels and next-gen vehicles. At Chevron, Novak received the EVP Transformation Leadership Award for his contributions to restructuring and focusing Chevron business units on clean-energy technologies. Ultra Safe Nuclear is a Seattle-based focuses on the deployment of micro reactors.

Flying Fish Partners

Seattle-based Flying Fish Partners announced the final closing of its second venture fund, Flying Fish Partners II, (Fund II) with $70 million in committed capital. Flying Fish invests in the artificial intelligence (AI) and machine learning (ML) sector. Flying Fish makes seed-stage investments in software and mixed hardware and software companies that use AI or ML as foundations to their businesses, provide AI and ML products and services, or provide tools to AI and ML practitioners. Flying Fish has already made 10 investments in Fund II. Flying Fish's three founders – Geoff Harris, Heather Redman and Frank Chang – have complementary technical, operating and investing expertise. In Fund II, the company adds Adriane Brown as managing director. Brown is an accomplished executive and board member of Fortune 100 companies and previously served as a venture partner in Fund I. Vanessa Pegueros, a cybersecurity expert who served as a venture partner in Fund I, continues to serve as a venture partner in Fund II. Flying Fish also adds Lisa Nelson, co-founder of M12 and an active advisor and independent board member, as a new venture partner in Fund II. Notable companies in the firm's Fund I include Picnic, Symbl.ai, Reclaim and Phaidra. Portland-based Streem (sold to Frontdoor) was also an early investment in Fund I. While Flying Fish has invested in startup companies in the Pacific Northwest and Western Canada, its reach has expanded geographically. Several of its initial investments in Fund II are located along the East Coast of the United States and Canada.

Bader Martin

Advisory CPA firm Baker Tilly US has acquired Seattle accounting firm Bader Martin, effective June 1, 2022. For nearly 100 years, Bader Martin professionals have served the tax and accounting needs of affluent individuals and their families, family offices, family owned and closely held businesses as well as professionals, executives and not for profit organizations. Kelly Nelson, Bader Martin's managing principal will become Baker Tilly's managing partner for the Seattle market. Allan Koltin, CEO of Koltin Consulting Group, advised both firms on the acquisition. Baker Tilly US has offices in major regions of the U.S. and in many of the world's leading financial centers – New York, London, San Francisco, Los Angeles and Chicago. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms.



Following its recent $110M Series C funding round and the news of a strategic investment from Serena Williams, Karat announced that Teresa Carlson is joining the company's board of directors. She joins existing board members, including Karat co-founders Mohit Bhende and Jeffrey Spector, former Twitch COO Sara Clemens, and Parker Barrile, partner at Norwest Venture Partners, who was previously vice president of product at LinkedIn. Carlson most recently served as president and chief growth officer of Splunk and vice president for Amazon Web Services' worldwide public sector and industries businesses. She also held the role of vice president for federal sales and operations at Microsoft. Carlson currently serves as the non-executive chair of KnightSwan Acquisition. In April 2022, Karat announced that it has received a strategic investment from tennis champion Serena Williams to scale the company's Brilliant Black Minds program, which provides free technical interview practice and feedback to current and aspiring Black software engineers in the U.S. Karat, headquartered in Seattle, created the Interviewing Cloud to solve the global shortage of software engineers. The Interviewing Cloud is an always-on, scalable and consistent human + tech solution for conducting predictive, fair and enjoyable technical interviews 24/7.

May 18, 2022


KinectAir, an operating system for the private aviation and Advanced Air Mobility markets, announced it has begun commercial operations via its network partner, Direct2 Air, a Part 135 operator based out of Bend, OR. Providing service across the Pacific Northwest, KinectAir now operates on-demand private flights from Truckee, California to Vancouver, Washington and from Reno, Nevada to Seattle, Portland, and other regional airfields. KinectAir is a software aviation company focused on regional air mobility. KinectAir's artificial intelligence software continuously optimizes the air transportation supply and passenger demand across its network of aircraft. KinectAir's is headquartered in Vancouver, WA.


Belleve-based TimeXtender, a global software company enabling data integration and preparation from multiple data sources to support advanced analytics and artificial intelligence, announced that it has received a significant investment from Monterro, a leading Nordic B2B software investor, to further accelerate the growth of TimeXtender's low-code, data estate builder. TimeXtender's founders Heine Krog Iversen and Anne Krog Iversen will remain with company. TimeXtender has won several business awards for its advanced organizational model which is focused on output rather than hours worked and encourages employees to work and make decisions autonomously. Monterro has successfully developed and led companies such as Pointsec, Episerver and Orc Software, and supports companies in all aspects of growth.

May 17, 2022

Carney Badley

Leland Quinn joined Carney Badley Spellman as an associate attorney. His practice focuses primarily on startups and emerging companies, general corporate and business law, and mergers and acquisitions. Prior to joining Carney Badley Spellman, Quinn worked with prominent global tax advisory and boutique law firms, with an emphasis on structuring transactions to achieve efficient federal and state tax results in addition to consulting on Sales & Use tax matters for a wide variety of clients and industries. Quinn earned his B.A. from the University of Washington, his J.D. from the University of San Francisco School of Law, where he received a Tax Certificate with honors, and his LL.M. in Taxation from New York University School of Law.

Bank of Idaho

Bank of Idaho (BOID) and HomeStreet Bank have executed a definitive agreement under which Bank of Idaho will acquire from HomeStreet Bank an Eastern Washington branch network, including the branches' lending business and employees. Bank of Idaho acquired five branches in Spokane, Kennewick, Dayton, Yakima, and Sunnyside. It is anticipated that the transaction will close on or before Aug. 1, 2022 subject to customary regulatory application processes and approvals. MJC Partners served as the exclusive financial advisor to BOID. Stinson LLP served as counsel to Bank of Idaho Holding Co., the holding company for Bank of Idaho. Bank of Idaho focuses on small businesses and is a leader in SBA lending. HomeStreet Bank is headquartered in Seattle, serving consumers and businesses in the Western United States and Hawaii.


Ohi, an instant commerce platform for direct-to-consumer and enterprise brands, announced that it has expanded into four new markets: Seattle, Philadelphia, Dallas and Austin. The company has identified significant demand for ultrafast, hyperlocal delivery of its brand partners' products in these cities and has grown its network of micro-fulfillment centers to offer quick, convenient delivery options to customers in these areas. With this expansion, Ohi now offers instant commerce services in 12 major US metro areas. The company's inventory and order management platform provides SKU-level demand intelligence that allows its brand partners to optimally position inventory closer to their end customers. Ohi minimizes its carbon footprint by using reusable, sustainable packaging and bike, e-bike, scooter and foot couriers whenever possible.

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