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Bezos’ Day 1 Families Fund awards $96M in grants to 32 organizations helping homeless families

GeekWire

A study spanning 2016-2020 found that chronic homelessness had increased at an annual rate of 27% statewide and 42% in Seattle-King County. Bezos’ net worth since launching his fund has increased from $160 billion to more than $200 billion today, according to Forbes. million for Portland Homeless Family Solutions, Portland.

Nonprofit 115
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Gates-led Breakthrough Energy Ventures raises another $1B for investing in climate innovation

GeekWire

Breakthrough Energy Ventures is led by Microsoft co-founder Bill Gates and publicly launched in December 2016. Last summer, Amazon unveiled its $2 billion Climate Pledge Fund, a venture capital program directed at sustainable technologies that could help it fulfill its promise to become net carbon neutral by 2040.

Energy 144
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Salesforce chief Marc Benioff and Shopify CEO Tobi Lütke invest in reforestation startup DroneSeed

GeekWire

Competitive edge: DroneSeed, which was part of the 2016 Techstars Seattle cohort, is reportedly the only company that has an FAA license to use a fleet of heavy-lift drones for post-fire reforestation. timber companies, nonprofits, government agencies and family-owned forests. DroneSeed previously raised $7.4 DroneSeed Photo).

CTO 127
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Seattle’s Silverback Therapeutics files for IPO, led by newly formed and gender-diverse exec team

GeekWire

Founded in 2016, Silverback uses a proprietary technology platform called ImmunoTAC to develop therapies that target specific areas of disease in a way designed to avoid damaging healthy tissue. Like many early stage biotech companies, Silverback has yet to generate meaningful revenue, posting a net loss of $17.6 Venture Partners.

Nonprofit 105
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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

Its net loss for the first nine months of this year was $2.2 Prior to joining collaboration work management Smartsheet in 2016, Ceran held executive roles at Box and eBay. The company offers mobile platforms for religious, education and nonprofit organizations. The company posted revenue of $4.2 billion in 2019. Jamie Cohen.

Groups 76
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How Melinda French Gates’ fortune has ‘transformational potential’ to boost women’s equity

GeekWire

The company has made seven investments in six different companies or nonprofits since March 2019. ” But even with the Gates Foundation’s efforts, philanthropic support for women-focused nonprofits still lags behind other areas. So far at least, Pivotal doesn’t appear to have been writing massive VC checks.

Nonprofit 122
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From cybersecurity to social justice, Rubica CEO Frances Dewing is an agent of unexpected change

GeekWire

Dewing, who holds a law degree from the University of Washington, worked for a nonprofit legal aid program early in her career and was involved with immigrant advocacy and street youth while in law school. To fill that gap, she helped spin out Rubica in 2016 as its COO, taking over as CEO two years ago.

Social 121