Charlotte’s Web makes CBD oils and capsules, among other products. (BusinessDen file photo)
Startups in Colorado raised a total of $557 million in September.
That is, if you count Charlotte’s Web in the tally.
The lion’s share of funding came from the Boulder-based hemp company, which raised $423 million. The startup, founded by the seven Stanley brothers in 2012, makes CBD oils and capsules, among other products. Including Charlotte’s Web, startups in Boulder raised a total of $429 million. The company completed its initial public offering at the end of August.
Startups in Denver raised $43.2 million, while startups across the rest of the state received $85 million, according to a tally of Form Ds filed through the SEC.
BusinessDen defines a startup as a company that’s 10 years old or younger, and excludes real estate ventures and funds.
Colorado companies, including startups, raised $659 million in September.
Here is a link to explore BusinessDen’s Sept 2018 Term Sheet from September.
MycoTechnology CEO Brooks Kelly examines a test liquid. (Courtesy of MycoTechnology)
Explore BusinessDen’s previous coverage of companies that raised funds last month:
- Mushroom startup MycoTechnology raised $23.5 million.
- Health tech startup WellTok raised $13 million.
- Cannabis tech startup MJ Freeway raised $10 million.
- Health dictation app Sopris Health raised $3.4 million.
- Health startup Orderly Health raised $939,000.
- Bra startup Pepper raised $100,000.
Charlotte’s Web makes CBD oils and capsules, among other products. (BusinessDen file photo)
The lion’s share of funding came from the Boulder-based hemp company, which raised $423 million.
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