Scythe Robotics announced an expansion in March in connection with receiving state incentives.
Startups
Welcome to Business Den’s coverage of the startup scene in Denver. Our daily coverage of business news includes coverages of the latest innovative startups in the area. Whether you’re a local entrepreneur looking to stay ahead of the curve, or simply interested in the local startup community, our coverage will keep you informed, engaged, and up to date.
Subscribe to Business Den today and stay ahead of the curve.
Fluid Truck bankrupt after ‘ambitious growth strategy’ led to eight-figure losses
The Denver startup raised more than $80 million. It lost $18.7 million in 2022 and $20.6 million in 2023, its CEO says.
Scheme by Fluid Truck defrauded investors of $11M, lawsuit says
In July a new CEO the company is facing significant financial challenges and unable to pay all bills.
Car-selling startup Blinker sued by former LoDo landlord over unpaid rent
The owner of 1675 Larimer St. says it’s owed $277,000.
In a co-warehousing space, an entrepreneur has sticking power
“Everyone hates their household printer,” Justin Fowler said. “Imagine one of this size.”
DNVR parent company raises $12M as it expands to fifth city
The round, led by 9News parent Tegna, brings the total raised by the sports media firm to $25 million.
132 Colorado firms make Inc. 5000 fastest-growing private companies list
A Broomfield software company made the top 10.
VC firm invoices get paid, contract terminated in lawsuit settlement with city
Danielle Shoots’ DEMI Fund was tapped to invest a portion of tax dollars from marijuana sales in local companies.
Health care tech firm files to liquidate after seven years
The company listed assets of $300 and said it owes $1.53 million to 24 creditors.
The Term Sheet: Startup funding roundup for May 2024
Among those raising cash: a plant-based meat alternative, an AI company for teachers and a maker of packaging materials.