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Washington State Department of Commerce

Washington State Department of Commerce

Olympia, Washingtonwa.gov

Overview

The Washington State Department of Commerce is a government agency that works to strengthen communities and promote sustainable community and economic vitality in Washington. It administers over 100 programs, providing funding and services to local governments, businesses, and community organizations.

Year Founded

1993

Portfolio Companies

30

Website

wa.gov

Investments

Washington State Department of Commerce investments
CompanyDateStageLead
ZeroAviaJan 2022GrantLead
Portal Space SystemsDec 2025GrantCo-investor
Alli ConnectOct 2023GrantCo-investor
Sironix RenewablesAug 2021GrantCo-investor
Modern HydrogenApr 2022GrantCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is Washington State Department of Commerce based?

Washington State Department of Commerce is headquartered in Olympia, Washington, United States.

When was Washington State Department of Commerce founded?

Washington State Department of Commerce was founded in 1993.

How many portfolio companies does Washington State Department of Commerce have?

Washington State Department of Commerce has 30 portfolio companies in Caplight's dataset.

What are some companies in Washington State Department of Commerce's portfolio?

Portfolio companies visible on Caplight include ZeroAvia, Portal Space Systems, Alli Connect, Sironix Renewables, Modern Hydrogen.

What was Washington State Department of Commerce's most recent investment shown here?

Washington State Department of Commerce's most recent investment in this portfolio sample was in Portal Space Systems in 2025.

What sectors does Washington State Department of Commerce focus on?

Washington State Department of Commerce focuses on Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Mobility, Transportation & Logistics, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Real Estate & PropTech, Energy & Sustainability, Energy & Sustainability, Mobility, Transportation & Logistics, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Media, Entertainment & Gaming, Frontier & Industrial Tech, Real Estate & PropTech, Frontier & Industrial Tech, Mobility, Transportation & Logistics.

What company stages does Washington State Department of Commerce focus on?

Washington State Department of Commerce typically invests at the MultiStage stage.

Firmographic Details

HeadquartersOlympia, Washington
Year Founded1993

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