Banking & Finance  February 10, 2017

Innosphere’s VC fund raises $3M in equity

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FORT COLLINS — Innosphere Fund I LP, the venture-capital arm of startup incubator Innosphere, has raised an initial $3 million of a planned $7 million private equity offering.

The raise was reported in a Regulation D filing with the U.S. Securities and Exchange Commission, Feb. 9. The fund accepted minimum investments of $250,000.

Innosphere CEO Mike Freeman could not be reached for comment, but he told BizWest in September 2016 that the fund would seek to make early-stage investments of $250,000 to $500,000 in companies that are clients of the incubator. Innosphere Fund I LP is…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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