Published: Dec. 12, 2019 By

Competing against companies from across the entire state, six CU Boulder startups won a total of $1.5M in grants from the Colorado Office of Economic Development and International Trade (OEDIT)'s Advanced Industries Accelerator (AIA) Program. The companies—Artimus Robotics, Bioloomics, Earable, Emergy, Longpath Technologies, and New Iridium—represent several campus departments including biochemistry, chemistry, computer science, civil engineering, environmental/energy engineering and mechanical engineering.

All six Boulder-based startups engaged in the university's entrepreneurial resources through Venture Partners at CU Boulder and the Innovation and Entrepreneurship Initiative, including the Lab Venture Challenge, Commercialization Academy, and New Venture Challenge

2019 CU Boulder AIA Grant Recipients

Artimus Robotics—$250,000—Artimus Robotics' artificial muscle technology provides lightweight, simple, controllable and versatile linear motion that can replace traditional actuators and enable the next generation of automation and robotics in industries ranging from warehouses to healthcare. (Pictured in photo above.)

BioLoomics—$240,000—BioLoomics’ technology uses AI to compare both the on- and off-target effects of new drugs to that of known drugs, revealing a proportion of drugs that are destined to fail.

Earable—$250,000—Earable is an early stage company working on cognitive healthcare by building smart earphones that help improving human’s cognitive functions and productivity.

Emergy Foods—$250,000—Emergy Foods provides whole muscle, nutritious plant-based meats for healthier people and a healthier planet.

LongPath Technologies—$250,000—LongPath leverages a Colorado Nobel-prize-winning frequency comb laser technology to help oil and gas companies detect leaks.

New Iridium—$250,000—New Iridium accelerates pharma drug development with light-driven photocatalysis. By reducing drug synthesis steps, photocatalysis shortens the R&D cycle-time, improves time-to-market and reduces downstream manufacturing costs.

“Funding such a diverse cross-section of innovative Colorado companies continues to advance Colorado’s key industries and solidify our state’s reputation as an innovation incubator,” senior manager of Advanced Industries Katie Woslager said in a statement. “Innovation drives economic growth and these grants directly support Colorado’s vital innovation ecosystem.” 

The Advanced Industries Accelerator Programs were created in 2013 to promote growth and sustainability in Colorado’s advanced industries by driving innovation, accelerating commercialization, encouraging public-private partnerships, increasing access to early stage capital and creating a strong infrastructure to increase the state’s capacity to be globally competitive.

Visit Venture Partners to learn more about CU Boulder inventions and related support or read the press release.