A quieter week rounded out the end of summer for Colorado tech companies. Though venture capital has slowed, companies are still hard at work developing their solutions and expanding their business. Find out more in the Built In Colorado Weekly Refresh.
Raytheon announced a hiring spree. Aerospace innovator Raytheon Intelligence & Space is actively hiring to fill at least 420 jobs across three Denver-area offices. The majority of available roles span software development and engineering roles. Raytheon’s acquired businesses, Blue Canyon Technologies and SEAKR Engineering, are also hiring for roles within their respective organizations. Altogether, the companies employ 4,000 people in the area. [Denver Business Journal]
Several Colorado companies raised funding in August. Last month’s top tech funding round was $24 million in the Centennial State. Companies are building out solutions, including healthcare that benefits transgender patients, as well as robots that take the guesswork out of recycling. Find out what Colorado innovators are working on with last month’s new capital raises. [Built In Colorado]
colorado tech company of the week
Bundl was featured in Built In’s Future 5 series. The Colorado startup offers a solution that allows employees to adjust and personalize their benefits package. Employers can enter a perk’s description and quantified value, then employees can go in and reallocate their perks without increasing the company’s budget. Down the line, Bundl hopes to offer HR teams insights broken down by industry and geography so they know what perks employees most value. [Built In Colorado]
BioIntelliSense sold rights to distribute its solution. The healthtech company sold distribution rights to Ireland-based Medtronic for its wearable medical device. The BioButton will be added to Medtronic’s portfolio of patient-monitoring devices. This product adheres to a patient’s chest and continuously measures their vital signs. Terms of this partnership deal were not disclosed. [Denver Business Journal]
Lightning eMotors landed a deal with GoBolt. Loveland-based Lightning eMotors retrofits utility vehicle bodies with electric technology, effectively reducing their carbon emissions to zero. Canadian supply chain company GoBolt ordered 70 delivery vans and 100 trucks from Lightning eMotors. With the sale profit, the company will put money toward investments, possible acquisitions and general corporate use. [Denver Business Journal]
