Intel invests in local companies Prieto Battery, KMLabs
Intel Corp. announced on Tuesday that its venture-capital arm, Intel Capital, has invested in a pair of local companies, Prieto Battery in Fort Collins and Boulder-based KMLabs.
The investments were announced at the Intel Global Summit in San Diego. The local companies were among 10 nationwide to receive a total of $22 million in funding.
Specific amounts invested in each company were not disclosed. BizWest reported last month that KMLabs had disclosed in a regulatory filing a new $5.5 million funding round. KMLabs, which makes custom laser systems for research applications that it sells mostly…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!