FirstMile Grabbed $21M, Homebot’s Acquisition, and More CO Tech News

August 23, 2021
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A handful of companies were making moves last week on the Colorado tech scene. Check out which startups are experiencing growth and what they’re working on. This is the Built In Colorado weekly refresh.

Homebot acquired NestReadyHelping lenders and real estate agents provide their clients with personalized and actionable insights, Denver-based Homebot announced its acquisition of homebuying solution NestReady. Together, the companies will enable customers to keep in touch with their realtor and lender as they shop for a home. Terms of the deal were not disclosed. [Built In Colorado]

These Colorado tech companies made the Inc. 5000Considered some of the fastest-growing startups in the country, 163 Colorado companies across all industries ranked on Inc.’s latest list. The honorees are ranked by their overall revenue growth from 2017–2020. Claiming the top spots for Colorado tech were healthtech startup Eon, cyber risk management solution CyberGRX and D2C brand BrüMate. [Built In Colorado]

Colorado Tech Quote of the Week

“Success in a startup community is self-reinforcing, and Colorado has hit a tipping point where continued growth is almost inevitable. The employees at today’s success stories will take their learning and capital to help the next wave of companies as founders, leaders, investors and advisors. As one of the first seed-focused funds in this market, we have great access to those opportunities here.” —Aaron Stachel, partner at FirstMile Ventures

FirstMile Ventures pulled in $21MWith a focus on startups across all aspects of the tech industry, the VC firm plans to invest in companies in areas like digital health, consumer tech, blockchain, robotics and engineered foods. FirstMile is planning to put between $150,000 and $600,000 into each investment, and already it has added 12 new startups to its portfolio with the cash from this latest raise. [Built In Colorado]

Prieto Battery secured $5.7MBased in Fort Collins, the company works to create solid-state, lithium-ion rechargeable batteries. With the first installment of its Series C funding, led by Pilatus Capital, the company is investing in furthering development of its product. Prieto is aiming to develop an alternative to conventional lithium-ion batteries that charges faster, has higher power capabilities and is safer to use. [PR Newswire]

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