Startups  June 18, 2021

Funding Friday: Aravaipa raises $11.6M for pre-SPAC fund

Welcome to Funding Friday, BizWest’s 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.

  • Aravaipa Growth Equity Fund II LP has raised $11.6 million of a $75 million equity funding round. The minimum investment is $250,000. The Boulder pre-SPAC fund is targeting three to six companies that can merge with a SPAC within 18 months and rapidly scale. 
  • Boulder company Electrasteel Inc.

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