Denver and Boulder firms raised the most cash, topped by $265 million for Guild Education and $151 million for Meati Foods.
The Term Sheet: Startup funding for August 2022
Investing
‘High risk, high reward’: VC firm with $1B in assets bets on driverless cars
The founder of Denver-based Ibex Investors said electric driverless cars will be “the biggest technological innovation of our lifetime.”
New Denver venture capital firm targets early-stage startups
Industry veterans Chris Erickson and Adam Burrows launched Range Ventures with a $23 million fund and it has invested in 19 companies so far.
Robinhood takes two floors at new office building
The stock-trading app company is adding 120,000 square feet to the 35,000 it has been leasing in another building down the street.
Neighborhood organization puts $1M into endowment with foundation
Capitol Hill United Neighborhoods is investing in its future by placing proceeds from the partial sale of a Cheesman Park property with The Denver Foundation.
Denver travel company Inspirato going public in $1.1 billion SPAC deal
Inspirato will net $260 million in cash that it can use to fuel growth and will trade on the Nasdaq with the ticker symbol “ISPO.”
Fund manager Tysdal pleads guilty to criminal counts of securities fraud
Alleged victims of his Ponzi scheme include former NFL quarterbacks Matt Cassel and Carson Palmer, who each invested millions of dollars.
Home brewing startup’s pitch on ‘Shark Tank’ goes flat
BeerMkr raised $398,000 on Kickstarter in 2018 but investors on the ABC reality TV show were skeptical of the founders’ $25 million valuation.
Firm highlighted by Trump for work in opportunity zones files for Chapter 11
R. Investments CEO Travis Steffens was brought on stage by the former president during a 2020 event in Charlotte, North Carolina.
Clock startup wakes up Kickstarter backers, raises $250K in 24 hours
The Front Range startup’s minimalist OneClock uses science-based music compositions to gently lift people out of sleep instead of disruptive alarm sounds.