The finalists for the Deal of the Year category at the 2024 GeekWire Awards include four big startup fundraising rounds and one major acquisition in the biotech space. The transactions were chosen for their significant impact on emerging Pacific Northwest companies. Each finalist represents a unique success story within the tech and biotech industries. Recurrent, a platform that provides information about used electric vehicle batteries, raised $16 million in a Series A round. Rhythms raised a $26 million seed round for its AI-powered platform that analyzes company habits and patterns. Oleria, a cybersecurity startup, secured $33.1 million in a Series A round. Icosavax, a biotech company developing vaccines, was acquired by AstraZeneca for up to $1.1 billion. Treasury4, a financial and treasury management startup, raised $20 million.
Last year’s winner of the Deal of the Year award was the $3.6 billion acquisition of Bellevue-based game development studio Bungie by Sony. The GeekWire Awards aim to recognize top innovators and companies in the Pacific Northwest technology sector. Finalists for various categories are selected based on community nominations and input from GeekWire Awards judges. Community voting will continue until April 12, with winners being announced at a live event on May 9 at Showbox SoDo in Seattle. Table sponsorships are available for those interested in attending the event, with early bird pricing ending on March 31. Those interested in sponsoring a category or purchasing a table sponsorship can contact [email protected] for more information.
Recurrent, a startup spun out of Seattle’s Pioneer Square Labs, raised $16 million in a Series A round for its platform that provides information about used electric vehicle batteries. Rhythms raised a $26 million seed round for its platform that uses AI to analyze company habits and patterns. Oleria, a cybersecurity startup based in Seattle, raised $33.1 million in a Series A round to help companies manage employee access to applications and data. Icosavax, a spinout from the University of Washington, was acquired by AstraZeneca for up to $1.1 billion. Treasury4, a Spokane-based startup, raised $20 million to help enterprises manage financial and treasury processes.
The GeekWire Awards highlight the achievements of companies and innovators in the Pacific Northwest technology sector. Categories like Deal of the Year showcase significant transactions that have made a notable impact on emerging companies in the region. Finalists are chosen based on community input and judges’ feedback, with winners being announced at a live event in Seattle. Those interested in attending the event can purchase table sponsorships, with early bird pricing available until March 31. Sponsorships for categories are also available for those looking to support the event. The Awards aim to celebrate the diversity and success of the tech and biotech industries in the region.
