Entrepreneurs / Small Business  June 28, 2019

DMC makes headway on fundraising goal

BOULDER — DMC Biotechnologies Inc. has raised more than a third of its latest fundraising goal in just under two weeks.

The Boulder-based company has raised $4,649,995 from three investors out of its $12 million goal, according to filings with the U.S. Securities and Exchange Commission.

DMC is developing a process to rapidly engineer microbial hosts that can be used to synthesize specialized chemicals for flavorings, fragrances, pharmaceuticals and other industries.

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DMC most recently completed a $2,537,660 fundraising round in March and raised $1,333,333 out of a $2,499,999 goal in January 2018, according to SEC filings.

The company did not respond to a request for comment Friday morning.

BOULDER — DMC Biotechnologies Inc. has raised more than a third of its latest fundraising goal in just under two weeks.

The Boulder-based company has raised $4,649,995 from three investors out of its $12 million goal, according to filings with the U.S. Securities and Exchange Commission.

DMC is developing a process to rapidly engineer microbial hosts that can be used to synthesize specialized chemicals for flavorings, fragrances, pharmaceuticals and other industries.

DMC most recently completed a $2,537,660 fundraising round in March and raised $1,333,333 out of a $2,499,999 goal in January 2018, according to SEC filings.

The company did not respond to a request…

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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