The Insider: Community Newsletter - June 2024
Featured News
Gov. Jared Polis signs quantum industry bill on CU «Ƶ campus
CU «Ƶ Today—Colorado Gov. Jared Polis ushered in a new bill to support the state’s rapidly growing quantum industry. Polis signed the bill from the top floor of the JILA Tower, one of the epicenters of quantum research on campus, with a view of the Flatirons in the background.
CU «Ƶ Startups and Technologies in the News
Life-sciences leaders: Pfizer’s exit means opportunity
BizWest—Leaders of «Ƶ's and the university's life-sciences community who gathered at the BioFrontiers Institute at CU «Ƶ for a BizWest CEO Roundtable said they saw Pfizer’s recent departure as a lucrative opportunity.
Think Bioscience, a CU «Ƶ spinout, raises $26M to find ‘pockets’ for drug therapies
BizWest—Think Bioscience, a CU «Ƶ spinout, has raised a $26 million seed round—including a recently completed $6 million expansion of the initial fundraise—to develop small-molecule therapeutics that target “undruggable” proteins.
OnKure, a CU «Ƶ spinout, hitches Reneo's ride to Nasdaq in merger, with $65M PIPE to boot
Fierce Biotech—OnKure Therapeutics, a CU «Ƶ spinout, has merged with Reneo Pharmaceuticals, jumping onto Wall Street with $120 million and a lead breast cancer treatment challenging the likes of Eli Lilly, Relay and Scorpion. The merged biotech will retain OnKure's name and is set to trade under the ticker “OKUR.”
«Ƶ quantum firm Infleqtion, a CU spinout, raises nearly $11M
BizWest—Infleqtion, a quantum information company that began as ColdQuanta at CU «Ƶ, raised about $10.8 million from investors this month, according to a pair of Form Ds filed recently with the U.S. Securities and Exchange Commission. The fundraiser came less than two months after the company hired Matthew Kinsella as its new CEO.