ThinkOrbital’s New HQ, Outrider’s $73M Raise, and More Colorado Tech News

A lot happened in the world of tech last week. Catch up with the Built In Colorado Weekly Refresh.

Written by Abel Rodriguez
Published on Jan. 23, 2023
ThinkOrbital’s New HQ, Outrider’s $73M Raise, and More Colorado Tech News
ThinkOrbital space infrastructure
Photo: ThinkOrbital / LinkedIn

The Colorado tech scene was filled with new funding and a new headquarters announcement last week. Catch up on Outrider’s $73 million Series C raise, or read about ThinkOrbital’s newly announced HQ in Colorado. This is the Built In Colorado Weekly Refresh. 

Outrider raised $73M. Outrider develops autonomous trucks that are used in distribution yards. The Series C round was led by FM Capital and also included participation from NVentures and the Abu Dhabi Investment Authority. The new funding will increase the Outrider’s headcount. The company is currently hiring for more than 20 roles on Built In. [Built In Colorado]

ThinkOrbital picked Colorado for its new HQ. ThinkOrbital develops space infrastructure that can aid in space missions, repair satellites and process and store space debris. The aerospace company currently leases space in Lafayette and is considering opening a new location in Denver or Boulder. The company also expects to create 60 new jobs with an average salary of $80,433. [Colorado OEDIT]

Colorado Tech Quote of the Week

“At the end of the day, all we really want is to empower women to learn tech skills, to help their dreams become a reality. We’re bridging the gap between tech skills and what they really want, and the dreams that they have and how tech skills can help them achieve those.” — Julia Taylor, GeekPack founder

GeekPack was featured in the Future 5 Series. GeekPack provides coding and website design courses for women who want to break into tech. Julia Taylor founded the company in 2018 and has since partnered with Udemy to expand its course offerings. Going forward, GeekPack will build more business-to-business relationships to offer courses for employees. [Built In Colorado]

Posterity Health raised $7.5M. Posterity Health is a male fertility clinical platform that provides advice, educational resources and fertility treatments. Distributed Ventures led the early stage round. According to Posterity Health, the funding will help expand its digital platform and provide male fertility tests and treatments nationwide. [BusinessWire]

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