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Jun 16, 2020

In its Seattle office, The Tembo Group hired Jennifer Butte-Dahl as senior director. Butte-Dahl was a policy adviser to former Starbucks CEO Howard Schultz, founded a mid-career graduate program in international studies at the University of Washington and was a senior adviser in the U.S. Department of State. Tembo is a New York City-based business management consultant focusing on social issues. It is a company of APCO Worldwide, a public affairs and communications consultant.
Japanese companies Mitsui & Co. and Yamasa Co. finalized their acquisition of Seattle-based Spaceflight Inc., a satellite rideshare launch provider and subsidiary of Spaceflight Industries. Under the deal, Spaceflight Inc. will continue to operate in Seattle as a privately held U.S.-based company with Curt Blake continuing as CEO and president. Since its founding in 2013, Spaceflight has launched 271 satellites on 29 rockets.
Biotechnology company NodThera closed a $55 million round of Series B financing led by Novo Ventures and new investors Cowen Healthcare Investments and Sanofi Ventures. The round was also financed by existing investors 5AM Ventures, F-Prime Capital, Sofinnova Partners and Epidarex Capital. NodThera is using the money to advance its pipeline of drugs to treat diseases driven by chronic inflammation. The company is based in the United Kingdom and has an office in Seattle.
Bellevue-based Symetra Life Insurance Co. awarded a $20,000 grant to Parkwood Elementary School in Shoreline as part of its Heroes in the Classroom MVP Award, which supports diversity and equity through student programs. At Parkwood, the money will fund the “I See Me” program by equipping all 22 classrooms and the school library with books, play materials and artwork that reflect the school's racial diversity. Symetra provides employee benefits, annuities and life insurance.
Jun 12, 2020
Siemens Healthineers relocated its ultrasound business headquarters to Issaquah, where it recently renovated its 139,000-square-foot building to create manufacturing space for its Acuson Sequoia ultrasound system and other products. The company's old headquarters in Mountain View, California, was changed to a satellite office. Over 300 staff work in the Issaquah location, which is supplementing existing overseas manufacturing.
Everett-based Fortive formed a joint innovation studio with Pioneer Square Labs to create new industrial technology companies. New companies resulting from this work will either continue as standalone venture-backed businesses or become part of the Fortive family. The studio is headquartered in PSL's offices in downtown Seattle. It is staffed with full-time employees from each company who are responsible for developing new ideas, validating concepts with potential customers, and executing and scaling the most promising ventures. Fortive is a diversified industrial technology growth company. PSL finances, creates and launches technology startups.
Snohomish-based Cyemptive Technologies acquired IT services and support company Interpreting Technology of Burlington. Cyemptive plans to expand its offerings and overall footprint by using Interpreting's expertise in customer service, computer forensics and cyber compliance. Interpreting has over 250 customers. Financial terms of the deal were not disclosed. Cyemptive provides preemptive cybersecurity products and technology.
The World Affairs Council is seeking a new member for its Fellows Program, a cohort focused on international affairs that includes greater Seattle area business and community leaders. Fellows convene monthly with international experts who offer insight into current global issues. Selection is based on leadership in the community, background and interest in international affairs, and ability to discuss international issues. The deadline to apply is July 15. More information is at http://www.world-affairs.org/program/fellows.