Mile High Labs and Tivoli Brewing created a CBD sparkling water for Willie’s Remedy, Willie Nelson’s CBD brand. (Courtesy Mile High Labs)
It’s a new year, and Colorado startups are ringing in cash.
According to a tally of Form Ds filed with the SEC, 52 startups around the Centennial state raised $459.98 million last month. That’s more than the $342.8 million raised in January 2023 and the $220 million raised in December.
You can view our sortable spreadsheet here.
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups raised the bulk of the cash, with $336 million raised across 25 deals, followed by startups outside of Denver and Boulder with $123.6 million raised across 25 deals. Boulder startups raised $150,000.
Here are some highlights from January:
Mile High Labs (Broomfield): $22.8 million
The 5-year-old CBD wholesaler raised over $20 million last month in the startup’s first capital issue.
Broomfield-based Mile High Labs extracts and sells various forms of CBD, such as water soluble powders and isolates.
A year ago, the CBD wholesaler and Tivoli Brewing created a CBD sparkling water for Willie’s Remedy, Willie Nelson’s CBD brand. According to its website, Mile High Labs is the largest CBD producer in North America, and makes one-third of CBD isolate in the world.
The lab also has a location in Northern Ireland, according to its website. This is the startup’s first capital raise, according to SEC filings.
Outway Inc. (Boulder): $150,000
The Boulder software company founded in 2019 raised $150,000 last month.
Outway’s software links outdoor enthusiasts and environmentalists alike to share information and resources, build community and help conservation, according to its website.
On the site, posts range from how to minimize your dog’s impact on ecosystems, a conversation with a Boulder wildland firefighter to a story on “forest bathing.”
This is the startup’s second raise. According to SEC filings. it raised $200,000 in 2022.
Mile High Labs and Tivoli Brewing created a CBD sparkling water for Willie’s Remedy, Willie Nelson’s CBD brand. (Courtesy Mile High Labs)
It’s a new year, and Colorado startups are ringing in cash.
According to a tally of Form Ds filed with the SEC, 52 startups around the Centennial state raised $459.98 million last month. That’s more than the $342.8 million raised in January 2023 and the $220 million raised in December.
You can view our sortable spreadsheet here.
BusinessDen defines a startup as a business that’s less than 10 years old and excludes publicly traded companies, real estate ventures and funds.
Denver startups raised the bulk of the cash, with $336 million raised across 25 deals, followed by startups outside of Denver and Boulder with $123.6 million raised across 25 deals. Boulder startups raised $150,000.
Here are some highlights from January:
Mile High Labs (Broomfield): $22.8 million
The 5-year-old CBD wholesaler raised over $20 million last month in the startup’s first capital issue.
Broomfield-based Mile High Labs extracts and sells various forms of CBD, such as water soluble powders and isolates.
A year ago, the CBD wholesaler and Tivoli Brewing created a CBD sparkling water for Willie’s Remedy, Willie Nelson’s CBD brand. According to its website, Mile High Labs is the largest CBD producer in North America, and makes one-third of CBD isolate in the world.
The lab also has a location in Northern Ireland, according to its website. This is the startup’s first capital raise, according to SEC filings.
Outway Inc. (Boulder): $150,000
The Boulder software company founded in 2019 raised $150,000 last month.
Outway’s software links outdoor enthusiasts and environmentalists alike to share information and resources, build community and help conservation, according to its website.
On the site, posts range from how to minimize your dog’s impact on ecosystems, a conversation with a Boulder wildland firefighter to a story on “forest bathing.”
This is the startup’s second raise. According to SEC filings. it raised $200,000 in 2022.
