Outpace Bio raises $144M | Protect AI raises $60M | Remitly names new CFO

Outpace Bio raises $144 million: The Seattle biotech startup uses AI to design proteins that are incorporated into cancer therapies targeting solid tumors. The company has roots in the University of Washington’s Institute for Protein Design. Read more. 

• In other Seattle-area funding news: cybersecurity startup Protect AI raised $60 million on the heels of two acquisitions earlier this year; Gable confirmed that it’s pursuing a new round to fuel growth of its “GitHub for data” software platform; while a new filing reveals fresh capital for fusion startup Zap Energy.

• Keep track of who’s raising with our fundings list.

Amazon reports its second quarter earnings later this afternoon. Analysts will be watching for any indication of revenue from the company’s AI efforts — as well as impact on capital expenditures. Here’s what to expect. 

Tech Moves: CFO shuffle at Remitly and F5; Flexport exec moves to DoorDash; and more key personnel changes.

Seattle-based startup studio Pioneer Square Labs is tapping into some of the city’s leading researchers and technologists for a new advisory board designed to support its portfolio companies. Read more.

There’s a new startup accelerator in the Seattle area. Startup 425, a nonprofit supported by six cities, is launching a 15-week program. Read more.

• See our list of accelerators, incubators, and other startup spaces in the Seattle region.

Pope Francis’ AI advisor is in Seattle this month, meeting with employees at Microsoft and students at Seattle University. We sat down with Father Paolo Benati to talk about the opportunities and challenges with AI. Read more.

Hot Links:

• Warren Buffett’s decision to keep his fortune away from the Gates Foundation is getting some criticism. (Vox)

• The Tesla vehicle that hit and killed a motorcyclist near Seattle in April was operating in “Full Self Driving” mode. (Associated Press)

• Amazon opened an Amazon Go store in Bellevue, where the company now employs more than 12,000 people.  (425 Business)