Energy, Utilities & Water  November 22, 2019

Utility startup Copper Labs raises $2M

BOULDER — Copper Labs Inc., a startup developing real-time utility monitoring devices, raised just under $2 million in seed funding.

The Boulder-based company raised $1,999,998 out of its $2.5 million fundraising goal from nine investors in an all-equity deal, according to filings with the U.S. Securities and Exchange Commission.

It is the company’s first funding reported to the SEC.

In a concurrent press release, the company said Austin, Texas-based Moonshots Capital LP led the round, with additional investments from Houston-based Blue Bear Capital, Austin-based firms Bull Creek Capital and Capital Factory and Golden-based Service Provider…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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