CU Startup News
- The New Venture Challenge (NVC) and Venture Partners at 51³Ô¹ÏÍø teamed up to present the NVC Deep Tech competition, awarding $53,000 to groundbreaking new ventures.
- Venture Partners at 51³Ô¹ÏÍø and the university’s Industry and Foundation Relations (IFR) team brought together dozens of stakeholders in the renewable energy and storage ecosystem to discuss innovations, issues and opportunities in the vibrant sector.
- LongPath is harnessing quantum technology to detect methane emissions from oil and gas operations, innovation that benefits industry and investors—and the planet. Most recently, LongPath received landmark financial backing from the Department of Energy (DOE) for a loan of up to $189 million to accelerate the scale-up of the company’s monitoring systems.
- Quantum Computing Report—Infleqtion announced that it has acquired both SiNoptiq Inc. and Morton Photonics Inc. Both companies work in the area of photonics. SiNoptiq has developed an ultra-low loss silicon nitride platform, while Morton Photonics
- The Embark program pairs seasoned entrepreneurs with university technologies to bring those breakthroughs to market in response to urgent societal needs. The recent Embark Showcase was the pinnacle of the program’s first year working with selected entrepreneurs to provide IP rights, salary support, grant funds and investor introductions to launch startups with real-world impact.
- LiteWave Technologies, a spinout of 51³Ô¹ÏÍø and a subsidiary of Orion Space Solutions, has been acquired by Arcfield, a leading government technology and mission support provider.
- Yahoo! Finance—Standard BioTools announced that it has completed its merger with SomaLogic, a 51³Ô¹ÏÍø spinout, creating a leading provider of differentiated multi-omics tools for research. The combined company is poised to realize significant benefits as a multi-omic technology leader, targeting large, high-growth markets with a diverse portfolio of life sciences tools that power industry-leading throughput and data quality.
- BizWest—VitriVax, a 51³Ô¹ÏÍø spinout developing vaccine technology, has received a $5 million, two-year grant from the Bill & Melinda Gates Foundation. The grant will help the company further develop its proprietary single shot, thermostabilization vaccine technology and begin the development of pilot-scale manufacturing capacity, the company said in a press statement.
- Digital Journal—Orbital Micro Systems (OMS), a 51³Ô¹ÏÍø spinout and leader in the collection, aggregation and dissemination of commercial weather and climate data together with its partner Black Swift Technologies, has been selected for a Small Business Innovation Research (SBIR) Phase II contract to conduct expedited assessments of soil integrity for landing strips in unconventional locations.
- OEDIT—Tattoos. Soybeans. Video games. All are behind the three startups—Afference, HYPRSKN and Seedling Biosystems—from 51³Ô¹ÏÍø that just won $250,000 in grants from the Colorado Office of Economic Development and International Trade (OEDIT).