Startup News
- World Cement—The U.S. Department of Energy is providing $10 million in funding for federal labs to collaborate with Prometheus Materials to establish methods for measuring, reporting and verifying CO2 removal and sequestration in cement and concrete.
- Founded by Boulder Professor Larry Gold in 2000, SomaLogic revolutionized protein measurement by developing a faster, cost-effective process to monitor the vast number of proteins in the human body.
- JILA—Flari Tech Inc., a startup rooted in cutting-edge JILA research, has clinched one of the prestigious 2024 Lab Venture Challenge (LVC) grants from the University of Colorado Boulder, advancing its pioneering work to build a breathalyzer for diagnostics use targeting life-threatening diseases such as lung cancer.
- Boulder Today—A small crowd, including representatives from the U.S. Department of Energy, gathered on a wide stretch of lawn on the Boulder campus to witness a one-of-kind technology demonstration—a laser device that could soon transform the oil and gas industry in the American West and keep potent greenhouse gasses out of the atmosphere.
- Fourteen teams of University of Colorado faculty, researchers and graduate student innovators competed for a combined $1.25 million in startup funding grants in this year’s Lab Venture Challenge (LVC).
- Boulder Today— Boulder teams are among the first winners of the NSF-funded Colorado-Wyoming Climate Resilience Engine, which supports innovative climate resilience projects across the region1. This initiative, backed by the U.S. National Science Foundation, aims to address key issues like water security, wildfire prediction, and extreme weather modeling through interdisciplinary collaboration.
- Electrek—Capital investment into Forge Nano, a Boulder spinout, now exceeds $100 million; GM joins Volkswagen, LG, Hanwha, and Mitsui Kinzoku as shareholders.
- Colorado Public Radio—The pace of innovation and spin-off companies at the four-campus system is accelerating, particularly in the fields of health and bioscience, quantum, cybersecurity, aerospace, climate innovation, the outdoors and the food and beverage industries. The university system has 80 innovation and business accelerator programs that give patent legal, and financial support to budding entrepreneurs.
- Forge Nano Inc.—Forge Battery, the commercial lithium-ion battery production subsidiary of Forge Nano, a Boulder spinout, announced it was selected for award negotiations of up to $100 million in non-dilutive funding by the Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC) to expand its North Carolina lithium-ion battery gigafactory production capacity to 3-gigawatt hours per year (GWh/year).
- Yahoo Finance—OnKure has announced the successful completion of its merger with Reneo Pharmaceuticals, with the combined entity set to operate under the OnKure Therapeutics name.