Colorado Venture Financing Booming
In Colorado, venture financing is continuing an exceptionally aggressive path.
Coming off 2005 when companies raised $664 million in funds, corporations in Colorado are seeing yet another strong year in 2006. With $195 million in venture financing coming in during the third quarter, Colorado firms have raised more than $365 million in 2006.
After what was considered a rather disappointing start to 2006, the third quarter numbers that totaled nearly $200 million represent the state’s biggest three month period since 2002. The improved figures put the state in a position to surpass the totals of 2003 and 2004, though the numbers will likely trail that of ‘05 and the incredible 2000 year when Colorado companies raised $3.4 billion.
The key component of the state's third-quarter numbers came from the deal with Adam Aircraft Industries, a Centennial Airport- based airplane developer. That $93 million deal represents almost half of the entire three month haul.
For more on venture financing in Colorado, see:
http://www.denverpost.com/business/ci_4530947
Coming off 2005 when companies raised $664 million in funds, corporations in Colorado are seeing yet another strong year in 2006. With $195 million in venture financing coming in during the third quarter, Colorado firms have raised more than $365 million in 2006.
After what was considered a rather disappointing start to 2006, the third quarter numbers that totaled nearly $200 million represent the state’s biggest three month period since 2002. The improved figures put the state in a position to surpass the totals of 2003 and 2004, though the numbers will likely trail that of ‘05 and the incredible 2000 year when Colorado companies raised $3.4 billion.
The key component of the state's third-quarter numbers came from the deal with Adam Aircraft Industries, a Centennial Airport- based airplane developer. That $93 million deal represents almost half of the entire three month haul.
For more on venture financing in Colorado, see:
http://www.denverpost.com/business/ci_4530947
0 Comments:
Post a Comment
<< Home