Weekly Refresh: Palantir’s IPO, Unwrapp’d Lands Target Deal, and More

October 5, 2020
Photo: Shutterstock

Aerospace sector flourishing in Colorado. Despite the COVID-19 pandemic, job growth in Colorado’s aerospace industry continues to outpace the national average. Most recently, the Aerospace Corporation broke ground on a $100 million research and development center in Colorado Springs. [Built In Colorado]

Colorado’s startup scene is performing well. Given the pandemic and a big move toward remote work, cities like Austin, Denver and Salt Lake City are coming into the spotlight. 2019 saw the largest amount of venture capital investment into startups based in the city. [Crunchbase]

Palantir makes its Wall Street debut. The data company is best known for taking on controversial work for the United States government. It started trading on the NYSE at $10 a share and finished the day at $9.50. [CNN]

Sophia Genetics raised $110M. The Boston company’s AI quickly scans patients’ DNA for signs of cancer and other hereditary diseases. Hitachi Ventures and aMoon led the Series F.  The company opened an Aurora office in the spring. [Built In Colorado]

Unwrapp’d closed a deal with Target. The company creates bite-sized pieces of plant-based energy bites in recyclable and reusable packaging. The deal closed in August. [BusinessDen]

Colorado startup guides

Best Companies to Work for in Denver & Boulder
Coolest Tech Offices in Denver & Colorado Tech
Best Perks at Colorado Tech Companies
Women in Colorado Tech