Crusoe Energy Got $505M, Pathware Raised $7M, and More Colorado Tech News

Here’s what you may have missed in the world of Colorado tech news.

Written by Delilah Alvarado
Published on Apr. 25, 2022
Photo: Pivot Energy
Photo: Pivot Energy

The Colorado tech scene is seeing expansions that will have a lasting impact within climate tech, housing and med-tech. Keep reading to find out what you might have missed. This is the Built In Colorado weekly refresh.

Pivot Energy will scale its solar portfolio. Pivot Energy, a company that creates and manages solar projects, received $190 million in financing to build out a 90-megawatt multi-state solar portfolio made up of more than 40 solar projects. The expansion will provide more access to solar technology for small businesses and homes. [PR Newswire]

Crusoe Energy gained $505M. Crusoe Energy Systems Inc. received a $350 million Series C equity offering and $155 million in corporate credit. The company’s mission is to provide clean computing infrastructure as the digital economy expands. The new capital will allow the company to pursue multiple initiatives, including deploying Bitcoin mining infrastructure, adding to the team and launching its products. [BusinessWire]

Pathware brought in $7M. Pathware raised a Series A round co-led by UnityPoint Health Ventures and Level Eight Ventures. Pathware is a med-tech company that creates software and hardware for digital pathology. The funding raised will be used for submitting the integrated hardware and software system to the FDA and adding more to the team. [FinSMEs]

COLORADO TECH QUOTE OF THE WEEK

“Over the past year, we’ve witnessed the housing market go off the rails, leaving many perfectly qualified people to miss out on their dream homes because they had to compete in wildly aggressive real estate markets. At Neat Loans, we have built a uniquely better system to cater to homebuyers who need to close on their homes faster, access competitive rates and win against competing offers without overbidding.” Neat Capital co-founder and CEO Luke Johnson

Neat Capital gained more funding. Neat Loans, a division of Neat Capital, provides loans for homebuyers with the goal of modernizing the traditional mortgage and home buying process. The company raised additional funding that has not been disclosed. Neat Capital has disclosed it has raised more than $40 million to date. [Built In Colorado]

Electric Gamebox launched in Denver. Electric Gamebox launched an immersive gaming experience where a group of people can have a private gaming experience in an interactive smart room or “gamebox.” The gaming experience is located at 9+CO, 825 Albion St. The rooms use motion tracking, surround sound, projection mapping and touch screens. Individuals wear a visor that tracks their movements. Tickets can be purchased either online or in person. [Built In Colorado] 

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