The company says its ISF Incubator will work with entrepreneurs to create and nurture companies based on its numerous patents.
ISF Incubator calls for entrepreneurs who want to bring next-generation tech to big markets
Intellectual Ventures, the Bellevue intellectual property company cofounded by Microsoft veteran Nathan Myhrvold, has spun off many startup companies with such exotic names as Terra Power, Kymeta and Echodyne. Last September, it launched Xinova to help startups and corporations with new product development.
The Los Angeles County Metropolitan Transportation Authority teamed up with the Transportation Security Administration and Evolv Technology to test a new weapon screening system Wednesday at Union Station.
Intellectual Ventures spinout Pivotal Commware announces a $17 million funding round Friday, led by The Thermo Companies and DIG Investment, with participation from Microsoft co-founder Gates, Lux Capital and real estate investor Barry Sternlicht.
Bellevue-based Intellectual Ventures spinout Pivotal Commware raised $17 million from investors including Bill Gates, satellite company Globalstar’s majority owner and the family office of real estate mogul Barry Sternlicht.
Pivotal is one of four metamaterials-based ventures that have been spun out from Intellectual Ventures, a technology incubator that’s also based in Bellevue. The others are Kymeta, which focuses on flat-panel satellite antennas; Echodyne, which builds radar systems suited for drones and connected cars; and Evolv, which is working on security scanning applications.
Microsoft co-founders Bill Gates and Paul Allen are among the investors putting another $29 million into Echodyne, the Intellectual Ventures spin-out that’s developing low-cost, miniaturized radar systems for drones and self-driving cars.