Solid Power's merger with Riverstone Holdings LLC's Decarbonization Plus Acquisition Corporation III constitutes a significant milestone in commercialization of Solid Power's next generation all-solid-state batteries. Upon closing, the combined company is expected to list on NASDAQ under the ticker symbol "SLDP".
Continuing what has been a busy year for the startup, Boulder-based ColdQuanta has brought on $20 million to help commercialize its quantum computing technology. The investment brings ColdQuanta’s total funding to $74 million and comes from existing investors including Foundry Group, Global Frontier Quantum Opportunity Fund, LCP Quantum Partners and Maverick Ventures.
As synthetic biology continues to grow, advanced benchtop systems are becoming available to make research and product development easier. Now, Inscripta, a digital genome engineering company, has announced the first commercial shipment of its Onyx platform. The platform is the world's first fully automated benchtop instrument for genome-scale engineering. Inscripta also announced its Series E funding of $150 million.
Mallinda is an upstream specialty resin supplier developing and commercializing Vitrimax—a new platform technology of robust engineering polymers to enable circular recyclability and high throughput manufacturing of structural composite parts. With active commercial enterprise partners in aerospace, automotive, wind and sporting goods, Vitrimax represents a 21st century solution to historically non-recyclable engineering polymers. Mallinda is raising a $6M series B to scale for commercial operations.
Current Capital Raise: Series B Round Amount: $6 million
HiveTech Solutions is a women-owned startup that invented climate-smart technology that improves honeybee survival rates by 72 percent. Our mobile indoor climate-controlled apiary (MICA) is a game-changer for struggling beekeepers and our pollinator-dependent food supply. We are raising a seed round $1 miillion as a match to the State of Colorado Office of Economic Development and International Trade (OEDIT) grant of $500,000.
Current Capital Raise: Seed Round Amount: $1 million