Sphero Inc. seeking $43 million in private equity

BOULDER — Sphero Inc., the toy and robotics company that catapulted to success in 2015 with its make of the Star Wars BB-8 droid — has raised nearly $24 million in private equity and looks to raise another $19 million more, according to documents filed with the Securities and Exchange Commission.

The fundraising round is in anticipation of new products slated to release later this year, and will go toward general business operations, chief executive Paul Berberian told BizWest.