Tech Roundup: Cannatech co. lands funding, local acquisition news, and more

by Joyce Famakinwa
April 19, 2018
Inocucor acquires ATP Nutrition
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Denver-based agtech startup Inocucor acquires plant nutrition company

This week, agtech startup Inocucor announced that it has acquired Canada-based plant nutrition company ATP Nutrition. Inocucor develops natural biological products that are used for crops including melons, tomatoes and fruit trees. This move expands the company’s offerings into plant nutrition and enables them to develop products for both nutritional and biological purposes. The acquisition comes off the heels of Inocucor’s Series B financing, which closed at $38.5 million in the beginning of the year. [Xconomy]

 

Zayo Group acquires Neutral Path
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Boulder-based Zayo Group acquires Neutral Path

Zayo Group, a provider of bandwidth and connectivity services, announced this week that it has acquired Neutral Path Communications and Near North Partners. The move adds 452 owned route miles and additional leased route miles to the company’s North American network, allowing Zayo to sell multi-city dark fiber and fiber-based lit solutions from Minneapolis into Omaha, extending service to Denver, Kansas City, Tulsa, Dallas, Des Moines, Chicago and other markets. [Press Release]

 

BDS Analytics raises $3M in financing
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Cannabis-focused market research company BDS Analytics raises $3M in financing

BDS Analytics, a Boulder-based market research company for the cannabis industry, has announced $3 million in equity financing. The company provides information and analytics for dispensaries, brands and growers based on data collected from dispensary point-of-sale system transactions. BDS Analytics also provides financial projections for the legal marijuana industry. [KL Daily]

 

Foundry Group backs PLS Ventures and Sensu
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Boulder-based Foundry Group invests in PLS Ventures and Sensu

It was a busy week for Foundry Group, a local, tech-focused venture capital firm. The group was a participating investor in Sensu, a Portland-based, hybrid-cloud monitoring startup, which announced the close of a $10 million Series A financing. The funding will be used to expand sales and marketing. Foundry Group also announced an investment in a new, $80 million VC fund called PSL Ventures, which invests in startups and tech companies in the Pacific Northwest. [Foundry Group] [Press Release]

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