Colorado building and battery startups receive funding from investors
Three Colorado-based companies that build buildings and batteries received funding from investors this week. This was according to a report published by Xconomy.
Denver-based Prescient announced a USD3 million investment from a Singapore-based private equity fund. The company manufactures software that builds three-dimensional (3D) models of buildings. The firm uses the software to make precision-cut steel frames for a building's foundation. Prescient will use the new capital to construct a new facility in Houston, the report said.
Boulder Ionics raised USD500,000 from Australia-based investor Southern Cross Renewable Energy Fund. Boulder Ionics is a company that manufactures ionic liquids for batteries and industrial processes, according to its website. The firm will use the new funding to create a subsidiary in Australia, said the report.
Boulder-based firm RoundPegg closed USD2.8 million in a funding round started in August. Access Venture Partners, Dundee Venture Capital, and Point B Capital led the round. RoundPegg develops software that measures employee sentiment identifies problems, Xconomy reported.