David Prichard at Denver Ventures’ annual meeting in May. (Courtesy Denver Ventures/Kalen Jesse)
Fledgling companies in the Centennial State tallied $127 million across 26 deals in June, SEC Form D filings show.
That’s down from the $142 million that 25 businesses garnered in May, but ahead of the $39 million that 14 firms raised in April.
Eight Denver-based startups pulled in $38 million while one Boulder-based company took in $1.2 million. Seventeen businesses elsewhere in the Centennial State raised $87 million.
You can view our sortable spreadsheet, which lists every June 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 June highlights from BusinessDen’s startup coverage:
Denver Angels rolls out Denver Ventures with a $20M fund
The local angel investing group, which has about 800 members, added the institutional fund to better reflect the investments it makes.
“When you’re reliably deploying seven-figure investments, you’re not angel investing,” CEO David Prichard told BusinessDen last month through a laugh. “The name was deceptive of what we were doing.”
The firm’s future investments will have no sectoral bounds, instead focusing on what it calls “founder DNA” in the due diligence process.
Meati’s $4 million buyer revealed
The man seeking to buy the Boulder-based mushroom meat startup is Yasir Abdul, the founder of “As Seen on TV” marketing and product development firm InvenTel. Though an objection from a California company was holding up the sale, Abdul has been running Meati since May, according to court documents.
Odds and ends
Lux Aeterna, a Denver firm that makes reusable satellites, raised a $4 million round last month. It aims to solve the problem of single-use spacecraft, which often burn up in the Earth’s atmosphere at the end of their lifespans. Lux hopes to launch its first device in 2027.
Denver-based Voyager Technologies, an aerospace and defense firm, raised $383 million in a June 11 IPO. It sold 12.4 million shares that opened at $69.75, 125% more than its initial offering of $31. The stock hasn’t fared as well since, though, dropping to $40 per share at the end of trading Tuesday.
David Prichard at Denver Ventures’ annual meeting in May. (Courtesy Denver Ventures/Kalen Jesse)
Fledgling companies in the Centennial State tallied $127 million across 26 deals in June, SEC Form D filings show.
That’s down from the $142 million that 25 businesses garnered in May, but ahead of the $39 million that 14 firms raised in April.
Eight Denver-based startups pulled in $38 million while one Boulder-based company took in $1.2 million. Seventeen businesses elsewhere in the Centennial State raised $87 million.
You can view our sortable spreadsheet, which lists every June 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 June highlights from BusinessDen’s startup coverage:
Denver Angels rolls out Denver Ventures with a $20M fund
The local angel investing group, which has about 800 members, added the institutional fund to better reflect the investments it makes.
“When you’re reliably deploying seven-figure investments, you’re not angel investing,” CEO David Prichard told BusinessDen last month through a laugh. “The name was deceptive of what we were doing.”
The firm’s future investments will have no sectoral bounds, instead focusing on what it calls “founder DNA” in the due diligence process.
Meati’s $4 million buyer revealed
The man seeking to buy the Boulder-based mushroom meat startup is Yasir Abdul, the founder of “As Seen on TV” marketing and product development firm InvenTel. Though an objection from a California company was holding up the sale, Abdul has been running Meati since May, according to court documents.
Odds and ends
Lux Aeterna, a Denver firm that makes reusable satellites, raised a $4 million round last month. It aims to solve the problem of single-use spacecraft, which often burn up in the Earth’s atmosphere at the end of their lifespans. Lux hopes to launch its first device in 2027.
Denver-based Voyager Technologies, an aerospace and defense firm, raised $383 million in a June 11 IPO. It sold 12.4 million shares that opened at $69.75, 125% more than its initial offering of $31. The stock hasn’t fared as well since, though, dropping to $40 per share at the end of trading Tuesday.
