These 5 Colorado Tech Companies Raised a Combined $226M in July

August 2, 2021
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Though July was a quiet month for venture funding in the Centennial State, a handful of tech companies raised fresh capital and are planning their next steps toward growth. Companies in fields like foodtech and teletherapy added the biggest venture sums in the Colorado tech sector last month. Read on to find out how they’re spending them.

 

#5. $2.5 million, July 30

Helping companies put meaning behind diversifying their workforce, Mentor Spaces’ platform uses AI to connect members of a diverse talent network with career and mentorship opportunities. The American Family Insurance Institute for Corporate and Social Impact led the Denver startup’s seed funding, which will go toward building out its executive team, expanding its sales and marketing departments, and fueling product innovation.

 

#4. $10 million, July 23

Based in Boulder, this foodtech company specializes in creating healthier versions of classic snack favorites. The company develops its products without synthetic ingredients, like its non-GMO, organic microwave popcorn. With $10 million in Series B funding from New Road Capital Partners and others, Quinn is planning to invest in company growth, product innovation and its “Be Better. Do Better.” agricultural sustainability mission.

 

#3. $14 million, July 19

This Denver company is working to bring out the full potential of voice assistants with its on-demand voice services that connect with brands like Alexa, Siri and Spotify to add voice services to any device. Its seed funding round came from investors including Gutbrain Ventures, Signal Peak Ventures, PBJ Capital and Technexus. Native Voice plans to spend the money on expanding its capabilities and partnering with additional brands and hardware companies.

 

#2. $50 million, July 6

Based in Boulder, Meati is developing fungi-based protein options that look like chicken or steak. Equipped with its new 80,000-square-foot production facility in Thornton, Meati is planning to scale up production with the goal of launching its product nationally next year. Its latest round of funding was led by BOND and Acre Venture Partners and brings the startup’s total venture funding to $127.1 million.

 

#1. $150 million, July 28

Working to help people find and access local, in-network therapists based on factors like their specialty and availability, SonderMind also provides an in-app payment tool for sessions to make the entire process easier. It’s expanding into every state following its $150 million Series C, and it’s expanding its team across engineering, operations, product and more. Drive Capital and Premji Invest led the round that brings the new unicorn’s valuation to $1.1 billion.

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