Last week was a busy one for Colorado tech news. At least four companies raised funding for a variety of causes, ranging from renewable energy in developing countries to pet foods that mimic the properties of meat. Catch up on the local tech news you may have missed with the Built In Colorado Weekly Refresh.
Albedo gained $48M. Albedo is a satellite imaging startup with headquarters in Austin and Denver. The startup is developing satellites that fly less than 450 kilometers above the Earth’s surface to produce 10-centimeter optical imagery, which was only made recently made legal for commercial purposes. Albedo will use this Series A round to finish its first satellite and develop the software to support satellite operations and deliver images to users. [Built In Colorado]
Gravitee.io secured $30M. The Boulder startup has developed an API management and security platform that manages legacy streaming protocols along with newer streaming protocols. This fresh funding, which brings the company’s total funding to $41 million, will be used to advance its platform and fuel its go-to-market efforts. [GlobeNewswire]
Bond Pet Foods fetched $17.5M. Bond Pet Foods is a Boulder-based startup that uses precision fermentation to create nature-identical chicken, beef and fish for pet food. This Series A funding, which garnered investment from musicians Sia and Joan Jett, among others, will be used to scale production at a 15,000-square-foot facility in Boulder. The company also plans to triple the size of its team. [PR Newswire]
colorado tech quote of the week
Odyssey Energy Solutions raised $5.34M. The Boulder-based climate tech startup is facilitating the use of distributed renewable energy (DRE) in developing countries by enabling developers to plan, finance and build DRE projects at scale. More than 1,500 companies across five continents use the free platform. Odyssey will use the funding to launch new financial products that facilitate DRE in emerging markets, while also advancing its remote monitoring, control and analytics technologies. [PR Newswire]
Wowza acquired Flowplayer. Wowza, a live and video-on-demand platform with more than 6,000 customers, acquired Sweden-based Flowplayer, one of the first video players on the web. With the acquisition, Wowza will expand its international footprint by adding Flowplayer’s offices in Stockholm and Helsinki. Wowza will maintain its existing offices in Berlin and Lakewood, where the company is headquartered. [GlobeNewswire]
Macrostax was featured in Built In’s Future 5 series. After experimenting with paleo and other restrictive diets, personal trainer Lindsey Jenks discovered that she was able to lose weight and gain muscle by tracking her macronutrient intake. Since launching the Macrostax app five years ago, the Boulder-based business has generated $17 million in revenue and attracted 160,000 users. Macrostax recently launched the beta version of its Macrostax Teams platform, which provides fitness studios with an enterprise account they can offer to their clients. [Built In Colorado]
