Startups  September 19, 2019

Boulder’s Matchstick Ventures closes $30M fund

Techstars Boulder managing director Natty Zola address a packed house at the Boulder Theater for Demo Day 2019. Lucas High/BizWest.
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BOULDER — Matchstick Ventures, a Boulder-based early-stage venture-capital firm co-operated by Techstars Boulder managing director Natty Zola, announced this week the closure of a new $30 million fund.

Matchstick was founded by Ryan Broshar in Minneapolis. Broshar co-founded Twin Cities Startup Week and established Techstars’ retail accelerator program in Minnesota.

Zola joined the firm as a partner in 2018.

Broshar and Zola met and began working together in 2015 when Broshar visited Techstars Boulder.

“We quickly became friends,” Zola said. “We had similar, non-traditional business upbringings, and we’re both really inspired by entrepreneurship.”

Matchstick’s first fund, closed before Zola joined as a partner,…

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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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