Grass-fed beef company raises additional $6 million

DENVER — Teton Waters Ranch, a grass-fed beef operation based in Denver, has raised $6 million to expand the company.

Company CEO Mike Murray told BusinessDen that the money will be used to expand its retail exposure, to fund innovation and marketing.

SEC filings show the company has raised $34.8 million since mid-2014. The company was born in the Teton Valley of Idaho on the premise of seeding native grass and allowing cattle to graze and fertilize the land. The cattle when ready for market are sold in 2,000 stores nationwide.

Ken Amundson

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.