These 5 Colorado Companies Raised More Than $130M in July

Here are the top five Colorado funding rounds in July.

Written by Anna Holmquist
Published on Aug. 03, 2020
These 5 Colorado Companies Raised More Than $130M in July
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This month, the top five Colorado funding rounds netted more than of $130M. Wunder Capital took the No. 1 spot, with a massive $100 million raised. Check out more about July’s largest funding rounds below.

 

#5. $1.25 million, July 29

TermScout created a tech platform to simplify and streamline the commercial contract review process for legal and sales teams. This year, the startup was part of the 2020 Techstars Boulder Accelerator program and completed the LexisNexis Legal Tech Accelerator. Hilltop Venture Partners, Techstars and EonCapital contributed to the seed round.

 

#4. $1.5 million, July 6

Manatee offers an AI-powered chatbot and digital health platform to help families access and stick with psychotherapy regimens. Grand Ventures led the seed round. The funds will go toward tech features and expanded partnerships with healthcare systems, the startup reported.

 

#3. $10 million, July 15

The company reportedly plans to use the funds to work on its “production-conforming,” fully electric aircraft. Its aim is to create the first Federal Aviation Administration-certified, all-electric airplane to serve the general aviation market.

 

#2. $18 million, July 21

Propeller Aero uses tools like drones and mounted sensors to get aerial views of work sites and generate analytics. Blackbird and Costanoa Ventures co-led the funding round. The fresh money will go toward the company’s expansion and a new product, it reported.

 

#1. $100 million, July 16

Wunder Capital wants to to make solar power more accessible. Ares Management Corporation, Cyrus Capital Partners and Keyframe Capital participated in the round. It plans to use the money to create more commercial- and industrial-scale solar power projects around the United States.

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