John Atzbach, who is also recognized as a global authority on Faberge enamels and imperial Russian antiques, sold off his collection of rare cars and antiques in preparation for the move. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and insights.
Aluel, a boutique winery specializing in Old World-style wines, will soon open in a 1,056-square-foot space on Northwest Market Street. Meanwhile, a cannabis-themed sub shop is coming to Seattle's University District. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and insights.
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Bellevue-based intelligent device startup Esper laid off 12% of its staff Thursday. The decision comes almost nine months after Esper's $60 million Series C round in October when the company had around 150 employees. A company spokesperson confirmed the layoffs but didn't provide current information on headcount before the layoffs.
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Seattle-based 3D printer company Glowforge has raised $43 million. The round, announced Wednesday, will help the company shore up its cash reserves during uncertain times, according to Glowforge co-founder and CEO Dan Shapiro. He said the company plans to hire at least two dozen employees over the next few months, adding to the company's current headcount of roughly 180.
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Seattle-based fusion company Zap Energy has raised a $160 million Series C round. The funding, announced Wednesday, comes as Zap Energy aims to create a system that produces more energy than it consumes. The company, which is targeting carbon-free energy, said in a blog post Wednesday that last week it created plasmas, or the "the hot, dense form of matter found in stars," in its prototype.
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