TechFlash: Allen gives $100M; Seattle startup raises $16M; New biotech fund

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Paul Allen gives $100M to launch group to 'make the world better' through unconventional scientific research The Seattle-based Frontiers Group will work with researchers from around the world. Frazier Healthcare Partners closes $525M fund for health care buyouts Frazier Healthcare Partners has closed a $525 million fund that it will use to buy profitable mid-size health care companies. Seattle's Convoy raises $16 million from some of the biggest names in technology Billed as an Uber for the trucking industry, the company connects businesses with commercial shipping companies directly. Until now, truck drivers typically used a third-party broker to set up jobs. Through Convoy, companies can request a shipment online, and a driver can accept the job through a smartphone application. Why Starbucks just announced a major deal with Chase Bank Starbucks announced Wednesday it has partnered with Chase on a prepaid card that lets customers earn rewards. Leroy Hood mapped a genome, then the future Leroy Hood is helping Providence define the future of health care through scientific wellness. LiquidPlanner CEO 'bolstered coffers' ahead of tightening capital markets Liz Pearce explained why the growing Seattle company raised $2 million earlier this year. Who's raising: Usermind, Icertis, Mod Pizza Puget Sound area software startups Usermind and Icertis brought in a ton of cash during recent rounds and Bellevue-based Mod Pizza raised enough funding to help the company nearly double the number of stores it operates. National Tech News Can a Y Combinator startup bring back supersonic air travel? Is your next intern a chatbot? These startups think so War of words heats up over $1.3B bid for Santa Clara firm

Connect with us   Companies in the News Microsoft National Academy of Sciences Allen Institute Vulcan Google Frontiers Group Frazier Healthcare Partners Convoy Amazon LinkedIn Greylock Partners Expedia eBay Dunkin' Donuts Starbucks Chase Bank Boeing Costco ISB LiquidPlanner Greycroft Partners Ignition Partners Usermind Icertis Mod Pizza PWP Growth Equity Menlo Ventures

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