An energy company propelled Colorado startups to $258 million in venture capital funding last month.
Liberty Oilfield Services Holdings, a hydraulic fracturing company started in Denver in 2011, raised $191 million to acquire and repair equipment from Canadian energy company Sanjel.
Leaving Liberty out of the equation, Colorado startups raised $67.5 million in October, according to BusinessDen’s monthly roundup of Form D offerings filed with the SEC.
Second only to Liberty’s raise was Denver healthcare software firm Welltok, which netted $33.7 million as it builds on technology from two companies it purchased in 2015.
Also in the healthcare industry, Silvergate Pharmaceuticals got a $4.6 million dose of venture funding as it continues to develop medications formulated for children.
Cannabis companies raised $8.4 million in financing. That includes cannabis-themed party planner Jane West, which used a recent hit of venture capital to launch a line of glass pipes.
And for a different kind of high, Liberty Skis raised $2.2 million to ramp up ski production this season.
For the purpose of this monthly feature, BusinessDen defines a startup as any business founded in the past 10 years, and also excludes publicly-traded companies, real estate projects and investment funds.
For all of the Form D capital raises in Colorado last month, startups and non-startups alike, download our spreadsheet. Here are some more of the companies on this month’s list:
To see if a business in your neighborhood has raised any venture capital recently, check out our map of all of the Form D raises reported in Colorado this year.
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