Woof! Pack Ventures raising $30M fund to back UW-affiliated startups

Pack Ventures, an emerging venture capital fund that invests in startups with key connections to the University of Washington, is gearing up to raise a new $30 million fund and make a bigger mark on the Seattle entrepreneurial ecosystem. Read more.

• Talus Bioscience, a Pack portfolio company co-founded by a UW alum, just raised $11.2 million in fresh funding. 

Trade secrets lawsuit: Seattle e-commerce tech startup Replenium says Albertsons Companies stole the trade secrets behind its automated grocery replenishment technology to create its own version instead. Read more.

Nordstrom is the latest company to trim its real estate footprint as it closes corporate offices in Los Angeles and Chicago. Some employees are being asked to relocate to the retailer's Seattle headquarters. Read more. 

Svante, a carbon capture and removal company based in British Columbia, is receiving up to $100 million to speed the deployment of its climate technology. Read more.

Hot Links:

• Microsoft is launching a single unified Microsoft Teams app that lets users switch between personal and work accounts. (The Verge)

• Startup shutdowns are on the rise as VC funding dries up. (Axios)

• The Tacoma Police Department is testing a controversial gunshot detection system. (KNKX) 

• The Bezos Family Foundation committed $185.7 million to help launch the Center for Rising Generations at the Aspen Institute. (Aspen Institute)