These 5 Colorado Tech Companies Raised $308M+ in February

Find out how the local innovators that secured last month’s largest venture sums are investing the fresh capital.

Written by Ashley Bowden
Published on Mar. 01, 2024
These 5 Colorado Tech Companies Raised $308M+ in February
A photo of a Colorado city is shown.
Photo: Shutterstock

Climate technology solutions continue to proliferate on the Colorado tech scene. The largest local venture funding rounds in February went to two companies looking to foster a greener planet. Learn more about which other tech industries are seeing growth in the Centennial State.

Colorado’s Largest Tech Funding Rounds, February 2024

  1. Koloma
  2. AtmosZero
  3. Wrapmate
  4. Interlune
  5. TIFIN

     

    #5. $10 million, February 21

    TIFIN, an AI platform that works to accelerate the adoption of AI in the wealth management space, announced a recent partnership with financial services company SEI. SEI invested $10 million in TIFIN. Their strategic partnership will combine the companies’ resources to help enhance client experiences and support business growth.

     

    #4. $15.5 million, February 2

    Operating in stealth mode, spacetech company Interlune is working to develop solutions that will allow people to harvest natural resources from the moon for use on Earth. The company, led by former Blue Origin executives, raised $15.5 million in new funding, its first public raise since its seed funding in 2022.

     

    #3. $16 million, February 7

    The Denver-based company provides individuals and businesses with a marketplace platform for commercial-grade vehicle wraps. Wrapmate secured $16 million in funding from JettyCove to expand its product lineup, enhance its customer experiences, grow its installer network and make acquisitions.

     

    #2. $21 million, February 20

    AtmosZero secured a round of Series A funding co-led by Engine Ventures and 2150 to decarbonize steam. Based in Fort Collins, AtmosZero extracts heat from the air to deliver high-temperature steam, rather than burning fossil fuels. Serving businesses in sectors from food and beverage to district heating, the company plans to roll out its technology to customers in Europe.

     

    #1. $246 million, February 9

    Headquartered in Denver, Koloma is developing a solution that can extract carbon-free hydrogen from natural underground deposits. The company, which launched from stealth last year, received $246 million in funding from lead investor Khosla Ventures. To date, Koloma has raised more than $300 million in venture capital.

    Methodology: Built In tracked the largest funding rounds of the month using previous reporting, data from Crunchbase and articles from other publications and companies. This list highlights the five largest funding rounds raised in February by tech companies with a headquarters in Colorado. We only include venture capital and equity raises and do not include debt or post-IPO funding rounds in this list.

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