Banking & Finance  January 15, 2015

SEC: The Kitchen, Biodesix, ViroCyt, Crestone Capital raising millions

BOULDER – Diagnostic test-maker Biodesix Inc. and The Kitchen restaurant group are leading what has shaped up as a big week of fundraising for Boulder-based companies.

The Kitchen Café LLC, which operates seven restaurants on the Front Range and one in Chicago, on Wednesday filed paperwork with the Securities and Exchange Commission disclosing that it has raised more than $9.5 million.

That came just a couple of days after Biodesix announced it had added $12 million to its previous Series E round that now totals $27 million. An SEC filing made by the company this week showed the company had raised close to $11.3 million.

Life-science startup ViroCyt has raised a new round of $3.5 million, and AmideBio LLC has raised close to $300,000 of a possible $1 million round.

And private equity firm Crestone Capital, meanwhile, filed SEC documents this week showing that it has added about $9.3 million to its Sanitas Global Opportunities Fund that was launched in 2013.

Kimbal Musk, brother of Tesla and SpaceX founder Elon Musk, founded The Kitchen with Hugo Matheson and Jen Lewin with the opening of its first restaurant in downtown Boulder in 2004. The company has expanded rapidly in recent years. After opening the Kitchen Upstairs in 2005, the Kitchen Next Door opened in Boulder in 2011. Since then The Kitchen has opened three restaurants in Denver, one in Fort Collins and one in Chicago.

Officials for the company could not be immediately reached for comment Thursday.

Biodesix, which makes blood-based tests to help with diagnostic and therapeutic decisions for cancer patients, announced that its new funding would be used for ongoing development of its technology platform, new product development, new product launches and commercialization of its first product, VeriStrat.

ViroCyt, founded in 2013 as a spinoff of Boulder-based InDevR Inc., announced in August that its Virus Counter instrument was being used by a U.S. government-supported research consortium that is working to create vaccines and therapies for Ebola and Marburg viruses.

 

BOULDER – Diagnostic test-maker Biodesix Inc. and The Kitchen restaurant group are leading what has shaped up as a big week of fundraising for Boulder-based companies.

The Kitchen Café LLC, which operates seven restaurants on the Front Range and one in Chicago, on Wednesday filed paperwork with the Securities and Exchange Commission disclosing that it has raised more than $9.5 million.

That came just a couple of days after Biodesix announced it had added $12 million to its previous Series E round that now totals $27 million. An SEC filing made by the company this week showed the company had raised close…

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