Venture Partners at CU Boulder—the university's commercialization arm—has launched the Pandemic Hyper Accelerator for Science and Technology (PHAST) to support the translation of CU-developed, COVID-19 innovations into new businesses. Crucial to PHAST's programming is the partnership formed with local angel investing group Rockies Venture Club (RVC), as the program requires participants to complete RVC's 1-week HyperAccelerator. PHAST is taking applications through May 21.
Inscripta, Inc., the digital genome engineering company, today announced the first commercial shipment of its Onyx™ platform and the closing of a $150 million Series E financing round led by Fidelity Management & Research Company LLC and funds and accounts advised by T. Rowe Price Associates, Inc.
CU Boulder spinout SomaLogic Inc. is beginning a merger with a special purpose acquisition company CM Life Sciences II that would add up to $651 million in new funding to the company’s books, and make it Colorado’s latest unicorn. The deal values SomaLogic at $1.23 billion before going public, granting it unicorn status as a privately held company worth more than $1 billion.
CU Boulder spinout ColdQuanta, the leader in Cold Atom Quantum Technology, has been awarded two development contracts from U.S. Government agencies worth $2.55M in total. Both projects are based on the company's Quantum Core™ technology that uses atoms cooled to a temperature of nearly absolute zero, and lasers to manipulate and control the atoms with extreme precision.
Researchers at CU Boulder have created a platform that can develop effective and highly specific peptide nucleic acid therapies for use against any bacteria within just one week. The Facile Accelerated Specific Therapeutic (FAST) platform was created by Associate Professor Anushree Chatterjee and her team within the Department of Chemical and Biological Engineering.
Formerly NOHMs Technologies, the company combines proprietary electrolyte with a newly developed silicon anode design for a low-cost, high-performance and safer lithium-ion battery. In commercializing these latest silicon anode technologies, Sionic will collaborate with Mechanical Engineering Professor Sehee Lee’s lab and team of postdocs at the CU Boulder. Over the past decade at the university, Dr. Lee’s team has created a legacy of Li-ion battery innovations that help drive the adoption of energy storage in products and their positive impact on climate change.
Does your legal team need a hand?
If your legal team would benefit from an intern, consider posting a position with the University of Colorado Law School. The law school accepts internship postings year-round. Creating a job posting is easy and can be done at www.colorado.edu/law/jobposting. The law school does not place minimum requirements on the rate of pay for interns (although all advertised positions with for-profit employers must be paid opportunities), the scope of work, or the length of the internship. Students can work up to 20 hours per week during the semester, and can work part-time or full-time during the summer. There is no minimum time period for which a student must be employed—many employers hire students on a project or as-needed basis. Employers determine the rate of pay for interns, but the current average is $25-$35 per hour. If you have questions about the internships or would like to discuss other programs at Colorado Law, please feel free to reach out to Marci Fulton, Assistant Dean for Employer Relations and Outreach at firstname.lastname@example.org or 303-492-7015.
Developed by Dr. Wei Tan, associate professor of mechanical engineering, this technology controls the elasticity, composition, and structure of fibrous matrices to inhibit in-stent thrombosis and in-stent restenosis.
Say hello to Director of Venture Development Stephen Miller, who has been a member of the Venture Partners team for the past three years. He helps accelerate our faculty startups by connecting them with mentors, resources and capital and and launched Destination Startup, a regional event that showcases the best companies from our innovation ecosystem to investors.