Startup studio Pioneer Square Labs raises $20M, bets on generative AI

Seattle startup CFO indicted for wire fraud | Google to pay Washington state $40M in lawsuit ADVERTISEMENT [GeekWire]( SPONSOR MESSAGE: Money Hacks is a financial education series from GeekWire and BECU: [Get financial tips and find other resources to help you manage your money.]( TODAY'S TOP STORIES Pioneer Square Labs raised $20 million for the Seattle startup studio’s third fund, and it’s betting big on artificial intelligence opportunities. “This is not crypto, this is not the metaverse,” PSL Managing Director Greg Gottesman said of generative AI. “It’s already having a profound impact on almost every technology business, and ultimately will have a profound impact on every business.” [Read more.]( Google will pay Washington state nearly $40 million after a lawsuit by Attorney General Bob Gerguson accused the tech giant of deceptive practices related to its location tracking. The suit accused Google of misleading consumers who thought they had turned off “location history.” [Read more.]( Federal prosecutors on Wednesday indicted the former CFO of Seattle startup Fabric for wire fraud. Nevin Shetty allegedly diverted around $35 million in company funds to a crypto business he controlled. [Read more.]( Startup fundings: - [Groopit raises $3.5 million:]( The Seattle employee data crowdsourcing startup is fueling its go-to-market strategy and plans to develop generative AI tools. - [OncoResponse raises $27 million:]( Seattle biotech company is advancing development and testing of its antibody-based immunotherapy treatments that fight cancer. GeekWire Awards FAQ: Tonight’s the night for our annual event celebrating the top innovators, entrepreneurs, scientists and educators in the Pacific Northwest. [Get all the details.]( Seattle’s Allen Institute for Cell Science is sending stem cells from its collection into space for the first time on a private mission to the International Space Station. NASA-funded experiments are expected to break new ground when it comes to growing the cells in space. [Read more.]( Can climate change be funny? Bill Nye gave it his best shot during a stage performance in Seattle in which he married his “Science Guy” comedic touch with the weighty topic of our warming world. [Read more.]( Game review: “Firmament,” a difficult puzzle-adventure game from the makers of “Myst,” is a beautiful throwback to the 1990s. [Read more.]( Thanks for [subscribing]( to the GeekWire newsletter, and have a great day. — GeekWire managing editor Taylor Soper, taylor@geekwire.com, and GeekWire reporter Kurt Schlosser, kurt@geekwire.com. SPONSOR MESSAGE [A WSU education makes you a Coug for life]( Getting an education at any of Washington State University’s six campuses is just the start. Cougs are a global network some 240,000 strong. Whether you need an internship, to advance your career or to meet new people, Cougs come through. You’re part of something that will last a lifetime. [Learn why Go Cougs Means Forever a Coug.]( LATEST HEADLINES [Ex-CFO of Seattle startup indicted after allegedly moving $35M in company funds to crypto business]( [Review: ‘Firmament,’ new game from ‘Myst’ creators, is a beautiful throwback to the 90s]( [Allen Institute takes on a supporting role in experiment to grow stem cells in space]( [Google to pay nearly $40M to Washington state after lawsuit over location tracking]( [GeekWire Awards FAQ: Meet the finalists, and what to know if you’re coming to the big show]( [Seattle startup studio Pioneer Square Labs raises $20M for third fund, bets big on generative AI]( [Employee insights startup Groopit raises $3.5M, plans to develop generative AI tools]( [OncoResponse lands $27M to advance development of antibody-based treatments for cancer]( [Can climate change be funny? Bill Nye gets laughs in a show about humankind’s existential threat]( GEEKWORK: TODAY'S TECH JOBS - [National Center for Atmospheric Research (NCAR): Software Engineer III – DevOps]( - [Craft3: Marketing Operations Manager]( - [MedBridge: Software Engineer III (Back end)]( - [City of Redlands: Network Engineer]( - [Radiant Vision Systems: Test Engineer]( [FIND MORE JOBS ON GEEKWORK]( [HIRING? BUY A FEATURED LISTING TO APPEAR HERE]( [About GeekWire]( [Contact Us]( [Advertise]( Copyright © 2023 GeekWire LLC, All rights reserved. You are receiving this email because you opted to receive emails from GeekWire LLC.  Our mailing address is: GeekWire LLC 123 NW 36th St, Suite 203 Seattle, WA 98107  [change email frequency or address]( | [unsubscribe](