The Insider: Investors Edition - Quarter 2: 2021
Updates on venture investments, new milestones achieved and the latest on emerging innovations from CU ºù«ÍÞÊÓƵ.
CU ºù«ÍÞÊÓƵ Startups in the News
CU spinout Solid Power, industry-leading all-solid-state battery producer, to list on NASDAQ
Solid Power's merger with Riverstone Holdings LLC's Decarbonization Plus Acquisition Corporation III constitutes a significant milestone in commercialization of Solid Power's next generation all-solid-state batteries. Upon closing, the combined company is expected to list on NASDAQ under the ticker symbol "SLDP".
CU spinout ColdQuanta adds $20M to speed up commercialization
Continuing what has been a busy year for the startup, ºù«ÍÞÊÓƵ-based ColdQuanta has brought on $20 million to help commercialize its quantum computing technology. The investment brings ColdQuanta’s total funding to $74 million and comes from existing investors including Foundry Group, Global Frontier Quantum Opportunity Fund, LCP Quantum Partners and Maverick Ventures.
The world's first fully automated benchtop digital genome engineering platform from CU spinout Inscripta is here
As synthetic biology continues to grow, advanced benchtop systems are becoming available to make research and product development easier. Now, Inscripta, a digital genome engineering company, has announced the first commercial shipment of its Onyx platform. The platform is the world's first fully automated benchtop instrument for genome-scale engineering. Inscripta also announced its Series E funding of $150 million.