News
Pioneer Square Labs raises $80 million to invest in Northwest startups
April 17, 2018 /
MATR Sponsor (view all)
Seattle startup studio Pioneer Square Labs https://www.psl.com/ has raised $80 million to invest in tech companies throughout the Pacific Northwest, and not just companies that spin out of its own studio.
The financing round is the first investment fund for Pioneer Square Labs, which was formed more than two years ago to come up with ideas for new startups, find entrepreneurs to lead those companies and then spin out the businesses. Pioneer Square Labs, which itself has raised $27.5 million to run the studio, has now launched six companies.
By Rachel Lerman
Seattle Times technology reporter
MATR Supporters (view all)
Posted in: Funding and Building your Business