Innosphere Ventures Fund
320 East Vine Drive, Suite 101, Fort Collins, Colorado, 80524, United States
Overview
Innosphere Fund is a seed-stage venture capital fund that seeks to lead seed-stage investment rounds in companies that are likely to achieve a near-term exit through a corporate acquisition, and require smaller amounts of capital to achieve superior growth milestones. Made available to Innosphere client companies that meet certain qualifications, such as being Colorado-based and having a motivated team, the fund was formed to accelerate the growth and exit of Innosphere’s client companies. Innosphere Fund operates separately from Innosphere’s non-profit organization.
- Total investments
- 3
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Nickelytics
Led · Seed · Jun 2024
Nickelytics is a six-year-old Tampa, Florida company that provides out-of-home (OOH) and digital advertising solutions focused on mobility channels. The company offers ad placements such as car wraps, sidewalk delivery robots and other OOH products, and contracts directly with drivers for ride-share vehicle wraps. Its offering includes a SaaS analytics platform that measures ad performance and return on investment for brands and agencies. Nickelytics partners with mobility brands to create new revenue streams and deliver ad creatives. CEO and co-founder Judah Longgrear said the new investment is a pivotal moment that will help the company scale and better serve customers. The company was acquired last August by Texas-based venture group T72 Club Inc.
- Aspero Medical
Led · Seed · Sep 2019
Aspero Medical develops an intraoperative gastrointestinal endoscopic balloon overtube called the C-TubeTM that incorporates its patented PillarTM balloon technology. The company aims to enable more efficient and effective colonoscopies and to support complete colonoscopy procedures. NSF awarded a $1 million grant to advance development of the C-Tube product line. Aspero is a graduate of Innosphere’s incubation and commercialization program and is now a portfolio company of the Innosphere Ventures Fund. The project is led by CEO and principal investigator Mark Rentschler and supported by the Aspero team. The company positions its product against limitations in current endoscopy technology amid rising colorectal cancer rates and high annual volumes of GI endoscopies. Aspero Medical is a medical device startup focused on solutions for gastroenterology procedures. The company is developing an advanced intraoperative endoscopic balloon overtube as part of its C-Tube product line, which incorporates its proprietary PillarTM micro-texture technology. The NSF grant will fund finalization of a new balloon and overtube design intended to enable more consistent and complete colonoscopy procedures. Aspero is a spinoff of the University of Colorado Boulder and a graduate of Innosphere Ventures' commercialization program. Mark Rentschler, the company's CEO and a professor of mechanical engineering at the University of Colorado Boulder, will lead the project. The company has received prior support from Innosphere Ventures and the State of Colorado OEDIT Advanced Industries grant program. Aspero Medical has developed the AP Balloon Overtube intended for use in gastrointestinal balloon endoscopy procedures, which a company news release says could improve procedure performance, save time for practitioners and patients, and improve patient outcomes. The company is using recent funding to support ongoing product development and to establish full contract manufacturing capabilities. Aspero plans to complete key regulatory filings and develop its commercial strategy with the new capital. Financially, the company announced a $500,000 seed investment from the Innosphere Fund and recently received a $250,000 Early Stage Capital and Retention Grant from the Colorado Office of Economic Development and International Trade. In 2018 the Innosphere Fund provided $75,000 in the form of a convertible note, according to Aspero CTO Mark Rentschler. The company is based in Boulder and is positioning the AP Balloon Overtube for clinical and commercial advancement.
- Catalyze
Led · Equity · Mar 2019
Catalyze develops and operates distributed renewable energy projects and serves as an independent power producer for commercial, industrial, and public sector customers. Its platform combines proprietary REenergyze technology with asset development and operations expertise to streamline planning, financing, deployment, and operation of solar and storage assets. The company intends to use new capital to accelerate origination, financing, and deployment, support acquisitions, and advance early-stage project development. Catalyze closed a $200 million three-year facility from Deutsche Bank that comprises revolving and term debt plus a letter of credit to provide flexible expansion capital. Earlier in 2025 it secured $400 million from ATLAS SP Partners and an $85 million tax equity investment from RBC, bringing total capital raised in 2025 to nearly $700 million. These financings position Catalyze to scale its model, meet rising demand for distributed energy solutions, and expand its footprint nationwide. Catalyze originates, acquires, builds, owns, and operates distributed solar and storage assets across community solar, commercial & industrial (C&I), and public sector verticals. The company leverages proprietary technology, REenergyze®, to streamline the origination-to-operations process and accelerate deployment. Catalyze’s distributed generation portfolio totals 300MW of projects in operations and construction. Its private equity sponsors, EnCap Investments and Actis, continue to support the company’s growth strategy. Catalyze plans to expand its distributed generation pipeline and deliver energy resilience, decarbonization, and long-term value to property owners, businesses, and communities nationwide by advancing solar and storage deployments. Catalyze develops and operates distributed renewable energy assets including rooftop solar, community solar, and battery storage. The company uses a proprietary software platform, REenergyze, to streamline and automate the origination-to-operations process. Its project portfolio currently consists of 300 MW in operations and construction, with more than 1 GW of additional investment opportunity in its development pipeline. Catalyze is focused on scaling distributed renewable solutions for commercial and industrial customers and communities across the United States. The company’s private equity sponsors, EnCap Investments and Actis, continue to support its growth strategy. Leadership says the new financing will enable accelerated growth and project execution. Catalyze develops, finances, owns, and operates integrated renewable assets—primarily solar and battery storage—for commercial and industrial customers. The company combines proprietary technologies (REenergyze and SolarStrap) with financing and operations capabilities to standardize and scale deployments. Catalyze is leveraging its platform to expand community distributed generation (CDG) projects in New York State and recently announced projects reaching operation in Lancaster and Amherst. It secured a $100 million financing to support a 79 MW CDG solar portfolio across New York. The firm emphasizes equitable access, with this transaction requiring a significant percentage of subscribers to benefit disadvantaged communities. Catalyze is backed by energy investors EnCap Investments L.P. and Actis and positions itself as a national Energy Transition Partner. Catalyze is a renewable energy data analytics, development, and asset management platform that partners with mid-to-large commercial and industrial real estate owners. The company designs, delivers, finances, and provides asset management services for smart energy infrastructure over the assets' life cycle. Its smart energy infrastructure offerings include solar, battery electric storage, electric vehicle charging, and microgrids. Catalyze says these systems improve the profitability, resiliency, and tenant value of commercial properties. Led by CEO Joel Serface, COO James Geshwiler, and CTO Steve Atherton, the company plans to use the financing to expand its operations, finance, and sales teams. Catalyze secured a $4.6M initial institutional financing from backers including the Innosphere Fund and Prisma Energy.
Team
No current team members are available.