Boulder-based Ignyte launches $5M investment fund

BOULDER — Ignyte Lab LLC — a Boulder company that aims to help revenue-generating companies scale their operations — is raising funds for a new $5 million investment fund that it will use to invest in technology and natural and organic foods startups.

Ignyte founder Ryan Ferrero said in an interview that the Ignytion fund will make seed-stage investments averaging $250,000.

Ferrero will manage the fund along with a pair of veteran entrepreneurs who have joined Ignyte as partners, Bernee Strom, who recently moved to Boulder from Seattle, and Tom Miller of Peak Asset Management in Louisville.

The new fund will allow investors…