Copper Connection: Insights and news from our team

Person testing in an energy lab

$5.2 Million Advanced Industries Awards in Fall 2019 will Fuel 24 Colorado Start-Ups

24 Colorado companies were approved to receive Proof-of-Concept and Early Stage Capital and Retention grants, which fund companies commercializing innovative technologies to create viable products that meet a market need and can be created or manufactured in Colorado and exported globally.

One Colorado company – Copper Labs – successfully met all of its performance milestones and was approved for $100,000 of second-round or “transition” funding.

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Copper Labs Takes an Agile Approach to Hardware Development

The internet of things (IoT) is a megatrend influencing nearly every industry, and few more so than energy utilities. The confluence of reliable, low-cost wireless technology, greater industrial automation, and data analytics is leading to a more responsive energy grid that lowers costs for both utilities providers and consumers.

Copper Labs, based in Boulder, Colorado, is one company helping make this trend a reality. Founded by IoT veterans, the startup is giving energy a voice through user-friendly energy monitoring devices.

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