Science and technology incubator Innosphere has announced its newest cohort, bringing 10 Colorado-based companies from across the state to the organization's program.
While in the program, Innosphere client companies receive support from advisors, peer-groups, and their Innosphere liaison to ensure companies get the tools they need to raise the capital and resources needed to accelerate growth.
The ten companies selected for the program include three in medical devices, two with AI and IoT applications, two enterprise software companies and three focused on energy and advanced materials.
As part of the Fort Collins-based program, Innosphere does not take equity in companies, as it is a fee-based 501(c)(3) nonprofit organization. Client company fees are $2,500 per quarter and companies typically spend between 18 and 24 months in the program.
This May, Innosphere will be launching its first Artificial Intelligence cohort, which, due to a grant, will be free to accepted AI startups.
Companies that have graduated from the incubator previously include smart irrigation startup Rachio, which raised $10 million last summer, and YouSeeU, a video assessment and soft-skills development company that recently rebrand to Bongo.
Check out the ten companies from this cohort below:
Big Blue Technologies - Broomfield, CO
Big Blue Technologies (BBT) is building the third largest magnesium metal production facility in North America. Using technology licensed from CU-Boulder, BBT’s process technology consumes 60 percent less energy to produce metals for manufacturing.
ConX - Castle Rock, CO
ConX gives union benefits to non-union contractors without the added costs associated with being in the union. ConX will help contractors maintain and keep their core employees that they have invested a great deal of time and money to develop during slower times of business.
New Iridium - Boulder, CO
New Iridium produces low-cost and high-performance organic photoredox catalysts (PCs) for use in pharmaceutical drug development and manufacturing as well as other chemical industries. Organic PCs can replace expensive precious metal-based PCs in photoredox catalysis (a major sub-domain of light-driven chemistry) and spur adoption of this emerging and powerful technology.
PathogenX LLC - Wheat Ridge, CO
PathogenX LLC has developed an innovative approach to hospital-grade surface disinfection that promises (with further laboratory validation and EPA registration) to be more effective against hard-to-kill pathogens, highly cost-effective, and safer for humans, animals and the environment than anything on the market.
PneumoNIX Medical - Denver, CO
Spun out of Johns Hopkins Center for Bioengineering Innovation and Design program, PneumoNIX Medical created a medical device to combat pneumothorax during transthoracic lung biopsies, a key procedure in the diagnosis of lung cancer.
Rebric - Denver, CO
Rebric provides a managed infrastructure platform so companies can get machine learning and AI systems in place without having to bring on new operations and data science staff. Rebric’s first product, Rebric Patterns, helps financial institutions looking to implement machine learning systems as part of their anti-money laundering efforts reduce false positives and improve the speed of their investigations.
Spectrabotics - Colorado Springs, CO
Spectrabotics offer platforms that compile and analyze data to show trends and correlations in a way never before seen. The company believes with a complete picture, data is more valuable and greater potential is reached by better decision making.
Starfire Energy - Aurora, CO
Starfire Energy has developed a way to make clean fuel from wind and solar power. That fuel is NH3, also known as ammonia. Starfire Energy’s Rapid Ramp NH3 reactor is nimble and able to directly follow the variations in power that come from renewable energy resources.
TissueForm - Boulder, CO
Tissue Form is dedicated to improving clinical outcomes at lower costs for patients suffering from tissue disease, injury, or deterioration from aging enabled through proprietary in-situ stem cell therapies. The company's first product, ClayMatrix™, is a simple, low cost, and long-lasting repair treatment for dermal filling to address volume loss of dermis (skin), adipose (fat), and cartilage.
Trilogy DesignWorks - Frisco, CO
Trilogy DesignWorks’s decades of design and build experience has led to the development of a unique process for virtual design and construction. The Trilogy Project Management Modeling process enables collaborative design and build professionals and stakeholders to leverage technology to design, manage, market and build from a realistic 3D environment.
