These 4 Companies Raised Colorado’s Largest Tech Funding Rounds

Learn how the startups that raised last month’s largest venture capital rounds plan to invest their fresh funding.
Written by Ashley Bowden
August 1, 2023Updated: August 1, 2023
The Denver skyline is pictured.
Photo: Shutterstock

Venture capital funding has slowed to a crawl across the country. Despite a quieter period for high-number raises, several Colorado startups pulled through last month with significant growth investments. Learn how these local innovators are furthering their tech solutions.

Largest Colorado Tech Funding Rounds, July 2023

  1. Nexo Therapeutics
  2. Opolis
  3. Ad Fontes Media
  4. Pomp

     

    #4. $3.3 million, July 5

    Operating a direct-to-consumer solution for skincare recommendations from aesthetic professionals, Pomp pulled in $3.3 million in seed II funding to advance its platform. The company’s latest round was led by Long Journey Ventures and Cassius. The money will go toward growing its business-to-business platform, Pomp Professional, and bringing more skin care professionals into its network.

     

    #3. $4.2 million, July 17

    Aion Ventures led the latest round of capital for Ad Fontes Media, a company that develops solutions and services powered by media bias intelligence. It works to help marketing teams maximize their investments in news advertising. 

     

    #2. $6.6 million, July 13

    The blockchain platform gives independent workers and contractors access to employment benefits like insurance, payroll and legal support. Opolis announced a new round of capital led by Greenfield that brings its total funding to $13.3 million. The company plans to use the money to scale its operations.

     

    #1. $60 million, July 26

    Headquartered in Golden, Nexo Therapeutics works with small molecules to discover and develop drugs for cancer patients, with the goal of targeting fundamental drivers of cancer through innovative approaches. Nexo emerged from stealth with a $60 million round of Series A funding from lead investor Versant Ventures, which will be used to support its platform.

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