Erik Swain flanked by Respondology’s tech. (BusinessDen illustration)
Colorado startups are back up.
Fledgling companies in the Centennial State tallied $142 million across 25 deals last month, SEC Form D filings show.
That’s a bump from the $39 million that 14 young companies raised last month, but still a distance from the $411 million that 60 businesses brought in last May.
Seven Denver-based firms pulled in $15 million while four Boulder-based companies raised $16 million. Fourteen businesses elsewhere in the Centennial State raised $111 million.
You can view our sortable spreadsheet, which lists every May Form D, here.
BusinessDen defines a startup as a business that’s less than 10 years old and excludes real estate ventures and funds.
Here are some May highlights from BusinessDen’s startup coverage:
Cime and BettrData join local Range Ventures’ portfolio, Suite Studios adds $10 million:
Denver investing firm Range doled out $1.5 million in deals with Cime Therapeutics, a Louisville-based drug discovery company, and BettrData, which helps streamline data integration.
Range also contributed to a $10 million round for Boulder-based Suite Studios, whose cloud storage company has powered the likes of Kendrick Lamar music videos and top Netflix shows.
Respondology gets an additional $5 million:
Erik Swain’s Boulder-based startup added another chunk of change from the same investors who gave him $11 million in 2023. Respondology has two products, Moderate and Discover, and will soon roll out a third to its clients, which include the Denver Broncos and all of the University of Colorado’s athletics.
Meati to be sold for $4 million:
The Boulder-based mushroom meat company has raised over $400 million in venture dollars. Now, it’s slated to change hands for under $5 million.
Odds and ends:
Freeplay, a Boulder-based company whose software streamlines artificial intelligence product development, raised a $5.6 million round. Local VCs Matchstick Ventures and Next Frontier Capital participated in the raise led by Renegade Partners in San Francisco.
Boulder business Infleqtion raised a $100 million round to continue building out its atom-based quantum computing systems. The company says it made $30 million in revenue last year and is the only one commercializing the technology.
Denver-based Voyager Technologies, an aerospace and defense firm, is set to offer 11 million shares priced between $26 and $29 in an upcoming IPO on the NYSE. The company reported a $66 million loss on $144 million in revenue last year, documents show.
Erik Swain flanked by Respondology’s tech. (BusinessDen illustration)
Colorado startups are back up.
Fledgling companies in the Centennial State tallied $142 million across 25 deals last month, SEC Form D filings show.
That’s a bump from the $39 million that 14 young companies raised last month, but still a distance from the $411 million that 60 businesses brought in last May.
Seven Denver-based firms pulled in $15 million while four Boulder-based companies raised $16 million. Fourteen businesses elsewhere in the Centennial State raised $111 million.
You can view our sortable spreadsheet, which lists every May Form D, here.
BusinessDen defines a startup as a business that’s less than 10 years old and excludes real estate ventures and funds.
Here are some May highlights from BusinessDen’s startup coverage:
Cime and BettrData join local Range Ventures’ portfolio, Suite Studios adds $10 million:
Denver investing firm Range doled out $1.5 million in deals with Cime Therapeutics, a Louisville-based drug discovery company, and BettrData, which helps streamline data integration.
Range also contributed to a $10 million round for Boulder-based Suite Studios, whose cloud storage company has powered the likes of Kendrick Lamar music videos and top Netflix shows.
Respondology gets an additional $5 million:
Erik Swain’s Boulder-based startup added another chunk of change from the same investors who gave him $11 million in 2023. Respondology has two products, Moderate and Discover, and will soon roll out a third to its clients, which include the Denver Broncos and all of the University of Colorado’s athletics.
Meati to be sold for $4 million:
The Boulder-based mushroom meat company has raised over $400 million in venture dollars. Now, it’s slated to change hands for under $5 million.
Odds and ends:
Freeplay, a Boulder-based company whose software streamlines artificial intelligence product development, raised a $5.6 million round. Local VCs Matchstick Ventures and Next Frontier Capital participated in the raise led by Renegade Partners in San Francisco.
Boulder business Infleqtion raised a $100 million round to continue building out its atom-based quantum computing systems. The company says it made $30 million in revenue last year and is the only one commercializing the technology.
Denver-based Voyager Technologies, an aerospace and defense firm, is set to offer 11 million shares priced between $26 and $29 in an upcoming IPO on the NYSE. The company reported a $66 million loss on $144 million in revenue last year, documents show.
