Funding Friday: Utility monitoring and Boulder investing

Welcome to Funding Friday, BizWest’s weekly roundup of companies in Northern Colorado and the Boulder Valley kicking off fundraisers.

BizWest reports fundraisers by companies in Boulder, Broomfield, Larimer and Weld counties, as well as Brighton and Westminster through regulatory filings, press releases and other sources. Did we miss a company’s round? Email us at news@bizwest.com.

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This week’s notable rounds:

-A subsidiary of Boulder wealth management firm Crestone Capital LLC raised $18.975 million for a new investment fund in just under two weeks.

Th subsidiary, CC – Tiger Global L.P., raised the funds from 37 investors as part of an indefinite fundraising round, according to filings Thursday with the U.S. Securities and Exchange Commission. The fund first opened that fundraising round on Nov. 8.

The funds share the same Boulder address as Crestone, and Crestone CEO Eric Kramer is the signer on the filing. It appears that the fund may be a joint venture with New York-based investment firm Tiger Global L.P. 

-ColdQuanta Inc. raised an additional $10 million from its two major seed funding providers Friday, bringing their first equity investment to $16.75 million in total. The Boulder company is developing lasers that can freeze atoms to near-absolute zero for use in scientific measurements and in quantum computing.

The company also landed $3.8 million in various grants from federal agencies in October.

–Boulder’s Copper Labs Inc. secured just under $2 million in seed funding for developing real-time utility monitoring devices, raised just under $2 million in seed funding.

Other rounds this week (Source: Securities and Exchange Commission filings):

Nov. 22: Roccor LLC, Longmont, $285,000 raised out of $1 million goal in debt offering

Nov. 21: Medical holdings Partnership One LLC, Windsor, $632,500 raised out of $1 million goal

Nov. 20: Blackstar Enterprise Group Inc., Boulder, $140,000 round opened

Nov. 20: Peregrine Private Equity Fund I LP, Boulder, new indefinite fund opened with no funding target

Nov. 19: G1 Climbing & Fitness, Westminster, $200,000 round opened

Nov. 18: Hemp Plastic Co., Boulder, $1.4 million raised out of $2 million goal