Monthly Archives: December 2008

Accera Preps for 2009 Launch of Medical Food Axona

Imagine a vanilla powder, mixed with water and taken once a day, which can significantly slow the progression of Alzheimer’s disease (AD). While this pitch sounds straight from a late-night infomercial, it’s actually the authentic promise of Accera’s medical food Axona, based on well documented research about the brain function in AD patients and [...]

Sierra Neuro Named a Top Startup of 2008 by BusinessWeek

Sierra Nueropharmaceuticals, Inc., founded in 2005 and located at the Colorado Science + Technology Park at Fitzsimons in Aurora, Colorado, was named one of BusinessWeek magazine’s Most Successful Startups of 2008. The article noted Sierra Neuro’s success in capturing total venture capital investment of $21.5M and $230,000 in grants over the last year. Sierra [...]

Luca Technologies Raises $76M Series C Round

Word recently got out that LUCA Technologies of Golden, Colorado raised $76M in Series C financing. Although most companies love to shout any new funding from the rooftops, LUCA plays things pretty tight with Venture Wire first reporting the news a couple of days ago although the round may have closed earlier in the [...]

Array Receives $40M from Deerfield Management

Array BioPharma Inc. announced the receipt of $40 million from Deerfield Management. This money represents the second $40 million draw from the $80 million committed to Array by Deerfield, a leading healthcare investment firm and a large shareholder in Array. The $80 million investment comes as an interest-bearing loan due in April 2014 [...]

Colorado Center for Biorefining and Biofuels Announces Grant Recipients

The Colorado Center for Biorefining and Biofuels (C2B2) announced the selection of 12 proposals for $50,000 seed stage grants to be distributed on January 1, 2009. The proposals selected from the 45 submitted cover a wide variety of topics related to biorefining and biofuels. Grant award topics include “Biorefinery Integration through Coproduction of [...]

Discoverer of HIV, Dr. Luc Montagnior, Joins Viral Genetics

Yesterday it was announced that Dr. Luc Montagnior, who co-discovered HIV in 1983, will join the scientific advisory team of California-based Viral Genetics. Viral Genetic’s drug VGV-1 has demonstrated significant results in reducing the viral load of AIDS patients in several international studies. VGV-1 is notable as an immune-based therapy, meaning that instead of directly [...]

BioAmps Wins Award at ChinaBio Investor Forum

BioAmps International of Denver along with Chinese partner ProteLight Pharmaceutical & Biotechnology Co., received the “Most Promising Company” award at the ChinaBio Investor Forum as selected by a panel of venture capitalists. BioAmps is trying to address the issue of antiobiotic resistance through the use of antimicrobial peptides (AMPs). AMPs are small proteins [...]

Rebit Closes $5.7M Series B Round

Rebit Inc., of Longmont, Colorado announced the closing of a $5.7M Series B round yesterday. Access Venture Partners, Grotech Ventures, Highway 12 Ventures, and at least one private investor participated in the round. Rebit is focused on making backup of PCs easier. The company’s backup up system, which is compatible with Windows [...]

December Innovation After Hours Recap

In the spirit of the holidays, Innovation After Hours focused on celebration of the successes and the contributions made to the Northern Colorado technology community. The program started with a thank you to outgoing Director of the Larimer Bioscience Cluster, Kathy Kregel. Kregel’s contributions to area startups include the four years she served [...]

Foodzie Closes $1 Million Seed Capital Round

Today Boulder-based Foodzie announced a $1 million seed financing from Jeff Clavier of SoftTech VC, First Round Capital and strategic angels. Foodzie is effectively an online farmers’ market, offering its customer base access to delectables shipped straight from artisan producers and growers. Foodzie represents vendors selling a multitude of products, including bison jerky produced in [...]