The Term Sheet: Startup funding roundup for July 2019

Cappello’s is offering a new line of almond flour frozen pizzas in addition to their usual varieties of pasta and dough. (Screenshot)

Startups in Colorado raised more than $108 million in July, according to a tally of Form Ds filed with the SEC last month.

Denver-based startups raised a total of $34.8 million, led by supply chain data platform Parsyl, which reported a $15.7 million round. Boulder startups raised $32.9 million, with a majority of that figure — $26.5 million — being funds reported by construction engineering startup Congruex.

Elsewhere in the state, startups raised a total of $40.8 million that month, led by Berthoud-based rocket engine startup Ursa Major Technologies, which raised $15.5 million.

BusinessDen defines a startup as a company that’s 10 years old or less and excludes funds, real estate ventures and publicly traded companies.

Including non-startups, Colorado companies raised a collective $272.2 million in July.

A few highlights from last month’s haul:

+ Blue Moose of Boulder, based in Lafayette, reported two rounds of funding that total $7.4 million.

+ Grain-free foods maker Cappello’s, based in Denver, raised $2.5 million.

TekDry tries to restore phones damaged by water. (Submitted)

+ Denver-based Birch Benders, which makes organic pancake and waffle mix, raised $1.2 million.

+ Phone repair company TekDry, based in Denver, raised $675,000.

+ Boulder-based Alpine Start, maker of instant coffee for the outdoor industry, raised $250,000.

+ Fior di Latte — otherwise known as Gelato Boy — has three active locations in Denver and Boulder, and raised $200,000.

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