Several announcements came from the Colorado tech scene last week, including new investments, new leadership and assistance for Ukrainians. Keep reading to see what these companies are up to. This is the Built In Colorado weekly refresh.
Divirod got nearly $2M. TDK Ventures invested nearly $2 million in Divirod, a Boulder-based company that assess and prepares for water-related catastrophes by using a global sensor network. This network and data is used to measure water levels at reservoirs, marinas, harbors and ports. Divirod used the funds to double its headcount to 12 employees. [Built In Colorado]
Hotel Engine donated to UN’s World Food Programme. Denver-based business travel company Hotel Engine announced it will donate $35,200 to the UN’s World Food Programme in response to the ongoing conflict between Russia and Ukraine. The company also announced it would offer assistance to any workers who have friends or family fleeing Ukraine. [LinkedIn]
COLORADO TECH QUOTE OF THE WEEK
Sweater raised $12M. Boulder-based fintech company Sweater wants to pool money into a large venture capital fund for average retail investors. The company raised $12 million in seed funding that will be used to grow its marketing and engineering teams, among others. Sweater is also preparing for its public launch and currently has a list of more than 50,000 people waiting to download the app. [Built In Colorado]
Fluid Truck gained a new CFO. Fluid Truck is a truck-sharing platform with 24/7 access to vehicles such as vans and trucks. The company announced it has appointed Scott Bruckner as its first chief financial officer. Bruckner brings over two decades of global experience to Fluid Truck. Fluid Truck expects to expand into 41 more cities this year. [Fluid Truck]
