Startups

“It’s difficult to give up 12.5 percent of your company,” said Joshua Thurmond, who says the idea for LavaBox came out of a rafting trip.

A high-end camper maker, a cleaning product delivery service and a pet testing kit firm are among companies that raised cash last month.

Cerebelly, which is headquartered near Union Station, was founded by a neurosurgeon.

“Screw them in and abracadabra you have cleats,” said founder Ty Stuart. 

Bobo’s Oat Bars CEO TJ McIntyre was hired in 2016 to lead the company through a period of significant growth. That growth — which required venture capital investment — has outpaced expectations, leaving company leaders reckoning with the notion that sooner or later a sale to a larger entity within the foods/consumer-packaged goods sector will be necessary… Read more »

Among firms raising cash: makers of pet treats, eco-friendly toilet paper and a new treatment for acne.

Spokesperson Tracy Faigin told BusinessDen in an email Friday Health made the “difficult and necessary decision to reduce our workforce to align it with the size of our membership.”