Seattle-based Avalara is getting a big cash injection as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $ 959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes. The money will be used to support the … Read more
A team led by Washington State University has developed a process to turn polyethylene or number 1 plastic bottles into jet fuel. (Michael Coghlan photo via Creative Commons) Humans produce more than 6 billion tons of plastic each year, and its buildup in landfills and oceans is viewed by many as an environmental crisis. Only … Read more
Inside Rover’s HQ in Seattle. (Rover Photo) Pet adoption rates have surged amid the pandemic, and pet spending accelerated last year. Those are a few of the tailwinds driving optimism at Rover as the Seattle startup prepares to go public via a SPAC deal by the end of next month. Unlike many tech companies, Rover … Read more