Bob Ogdon has raised millions of dollars to grow companies like Swiftpage, the software company overlooking 17th and California streets downtown, but now finds himself on the buy side of the private equity market.
Justin Borus’ Ibex Driverless fund launched this month with plans to raise $100 million for investing in driverless-car technology companies.
A 14-year-old private equity company has closed its biggest fund yet, which it plans to invest over the next five years in the central U.S.
“The concept for [the high-end homes] is Cherry Creek duplex units,” said Moonstar Investments head Scott Axelrod. “Except not in Cherry Creek. And not at Cherry Creek prices.”
The 30-year-old club is betting it can use its network of more than 200 angel investors and 250 entrepreneurs to fund startups in need of a couple hundred thousand dollars to get started.
The Broomfield-based firm plans to erase more than $120 million in debt and tweak its business model from a real estate owner to an upscale rental agency; and wants to convert customers into shareholders.
September saw venture capital in Colorado startups spike to a nine-month high of $86.8 million.
Tech, food and cannabis companies racked up the venture capital over the course of 2015, and Denver-based investment funds were flooded with another $6 billion.
An East Coast investor has pumped another $8 million into a DTC cybersecurity company, much of which the firm used to acquire a U.K. business.
Two Denver transplants have picked their startup investment fund’s first project, taking a majority stake in a New York company that created a simple shortcut for small businesses.