CU Startup News
- The Verge—To clean up some of the pollution stemming from its supply chain and data centers, Microsoft is experimenting with new kinds of concrete. In Quincy, Washington, they're working to reduce those emissions with CU Boulder startup Minus Materials with a process using algae to make the limestone used and capture CO2.
- BioLoomics raises $8.7M to drive directed evolution of target degrading antibodies using human cellsPulse 2.0—CU Boulder startup BioLoomics, the company pioneering the directed evolution of target degrading antibodies using human cells, recently announced it has raised $8.7 million in seed financing to advance its proprietary platform technology and antibody degrader programs.
- BizWest—BioLoomics Inc., a CU Boulder spinout, has raised $8.7 million in seed financing. BioLoomics is a preclinical-stage biotechnology company pioneering directed evolution of target-degrading antibodies using human cells.
- Forbes—Prometheus Materials, a CU Boulder spinout, has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly.
- U.S. Department of Energy—Latimer Controls, a CU Boulder spinout, is developing intelligent control software that enables utility-scale photovoltaics (PV) to provide power reliably and on demand. This will replace grid reliance on fossil fuels, drive higher profitability for PV operators and generate revenue increases for solar asset owners with low capital cost.
- Innosphere Ventures—Aspero Medical, a CU Boulder spinout and medical device startup focused on the design and development of innovative technology to improve gastrointestinal (GI) endoscopy procedures, has received clearance from the Food and Drug Administration (FDA) to market and sell the Ancora-SB small bowel balloon overtube.
- Duality Accelerator—The first stage in creating a scalable quantum network requires the consistent generation of photons, the smallest possible quantum of light. Where do these photons come from? If you ask Poolad Imany, founder and CEO of CU Boulder startup Icarus Quantum, he’d say from devices developed by his company.
- Denver Post—Solid Power, a CU Boulder spinout, is producing the material for solid state battery cells in a new 75,000-square-foot factory in Thornton and is looking at expanding operations globally in the next year or so.
- Business Wire—Cascade Biocatalysts (formerly Rigid Biotech), a CU Boulder startup and biomanufacturing company catalyzing green chemistry, raised an oversubscribed $2.6 million pre-seed. Cascade aims to use the raised funds to scale its impact from the lab bench to pilot scale and support its initial wave of customers.
- The Embark Deep Tech Startup Creator at Venture Partners at CU Boulder has officially launched its first Embark Entrepreneurs in Residence cohort. Embark aims to connect business minds outside the university with breakthrough inventions emerging from CU Boulder's research labs to bring them to market and unleash the full impact of CU Boulder's research into the world.