Sunday Raised $19M, Pax8 Eyes a Rural Hub, and More Colorado Tech News

December 14, 2020
pax8
Photo: pax8

From new and improved electric car batteries to environmentally friendly lawn care, read below to find out what’s new on the Colorado tech scene. This is the Built In Colorado weekly refresh.

Range Ventures is funding new startupsColorado tech is currently garnering generous attention from investors, and Range is looking to help out promising new presences on the scene. As several companies and their workers have relocated to cities like Denver, the state has witnessed venture investment consistently rise year-over-year, and Range hopes to see that momentum continue. [Built In Colorado]

Pax8 wants to open up more remote jobsThe cloud distribution company is looking at Grand Junction to be its new central location for remote work, serving as a rural tech hub. Pax8 uses its platform to help small and medium businesses improve their operational efficiency. With more than 500 employees, it’s planning to expand its teams in engineering, sales and design. [Built In Colorado]

Colorado Tech Quote of the Week

“I started looking at this space and realized that our backyards are the third-largest crop by land area — it’s 10 times more land than all organic farms combined. If you have a passion around the environmental and human health implications of agriculture, this is a huge piece of it.” —Sunday CEO Coulter Lewis

Sunday secured $19MThis Series B round from the Boulder agtech lawn care startup was led by Sequoia Capital and will help it to grow its platform. Sunday develops customizable non-toxic lawn care treatments by using its machine learning system to gather info from its residential soil data repository. In this way, the startup can assess the needs of their customers’ lawn. [Built In Colorado]

Trineo becomes a certified B Corp. The professional services and software development company is joining some 3,600 other companies that have met the highest standards of social and environmental performance. Headquartered in New Zealand with an office in Boulder, Trineo offers cloud-native system architecture and application development, enterprise APIs and more. [PR Newswire]

Solid Power could help electric cars go fartherThe Louisville company is engineering a longer-lasting power source to combat the most prevalent issues with electric cars: cost and battery life. It’s working to create a product using solid electrolytes that can charge up with more energy than lithium-ion batteries without overheating. [CPR News]

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