New cohort of 10 startups and scaleups to begin Innosphere incubation
Friday March 15, 2019
FORT COLLINS -- Innosphere, Colorado’s incubator program dedicated to accelerating the success of science and technology-based companies, announced the 10 startup and scaleup companies selected to join the first Innosphere cohort of 2019.
Upon acceptance into the program, Innosphere client companies receive ongoing support from experienced advisors, peer-groups, and their Innosphere liaison to ensure companies get the tools they need to raise the right kind of capital and all the resources to accelerate growth.
The 10 companies selected for the program include three working on a medical device, two with artificial intelligence and IoT applications, two enterprise software companies, and three focused on energy and advanced materials.
Geographically, the companies are headquartered across Colorado’s Front Range including Boulder, Broomfield, Denver, Castle Rock, Colorado Springs and in Frisco in Summit County.
The first cohort of 2019 includes: Big Blue Technologies, ConX, New Iridium, PathogenX LLC, PneumoNIX Medical, Rebric, Spectrabotics, Starfire Energy, TissueForm and Trilogy DesignWorks.
PneumoNIX Medical, a company that has created a medical device to prevent pneumothorax (i.e. collapsed lung) during a key procedure in the diagnosis of lung cancer called a transthoracic lung biopsy.
“The fundraising support, contacts and strategy discussions we’ve received from Innosphere are extremely beneficial in the growth of our company,” said Wade Schutte, PneumoNIX Medical CEO.
“We’re currently working on bringing our medical device to market, so it couldn’t be a better time to be a part of this incubator program.”
PneumoNIX Medical will be the first company of this cohort to present at one of the incubator’s formal investor pitch events for accredited investors.
Innosphere is currently accepting applications from companies working in the artificial intelligence (AI) space for its upcoming AI focused summer cohort. Interested companies should apply online by May 15 to be considered.
Innosphere recently won a grant that will cover client fees for AI companies, so there will be no cost to entrepreneurs who join the cohort and take advantage of the specialized content that will be delivered during Innosphere’s AI program.
Innosphere’s program focuses on ensuring companies are investor-ready, connecting entrepreneurs with experienced advisors, making introductions to corporate partners, exit planning, and accelerating top line revenue growth.
For more information, contact Innosphere CEO Mike Freeman at [email protected] or 970. 818.7736.
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