Fundraising Fox

Droplet Measurement Technologies

Boulder, US · Founded 2016 · Delaware LLC

Droplet Measurement Technologies designs and manufactures scientific instruments and airborne probes for researchers studying atmospheric and cloud physics across global research institutions.

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Founders & leadership

Droplet Measurement Technologies was founded in 2016 by Darrel Baumgardner.

DB
Darrel BaumgardnerinFounder, Chief Scientist
RM
Robert McAllisterCEO
BG
Brendan GreenVice President
EB
Edward BenfordManager and Vice President
BR
Benjamin RiefeManager and Secretary

Reported raises · per SEC filings

Form D private placements

$1.4M disclosed across 1 round · 2016

▶$1.4MraisedNov 2016 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert McAllisterExecutive Officer
  • Brendan GreenExecutive Officer
  • Edward BenfordExecutive Officer, Director
  • Benjamin RiefeExecutive Officer, Director
Offering amount
$1.4M
Amount sold
$1.4M
First sale
Nov 2016
Incorporated
Limited Liability Company, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 29 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of EnergyPhase ISTTR2015$224.8K
Department of EnergyPhase I2012$149.9K
Department of EnergyPhase IISTTR2011$749.6K
National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric AdministrationPhase II2011$400K
Department of EnergyPhase ISTTR2011$100K
Department of EnergyPhase ISTTR2010$99.9K
National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric AdministrationPhase I2010$95K
U.S. ArmyArmyPhase I2010$69.4K
U.S. NavyNavyPhase II2009$749.6K
National Science FoundationPhase I2009$100K
U.S. NavyNavyPhase I2008$99.9K
Department of EnergyPhase I2008$99.5K
Department of CommercePhase I2008$95K
National Science FoundationPhase ISTTR2007$149.7K
National Science FoundationPhase I2007$100K
U.S. NavyNavyPhase II2005$699.7K
Department of CommercePhase I2005$74.8K
U.S. NavyNavyPhase I2004$70K
National Science FoundationPhase ISTTR2003$99.8K
NASAPhase II2001$599.7K
U.S. NavyNavyPhase II2001$467.3K
National Science FoundationPhase IISTTR2001$460.9K
U.S. NavyNavyPhase I2001$99.7K
National Science FoundationPhase ISTTR2001—
NASAPhase I2001—
National Science FoundationPhase ISTTR2000$98.6K
NASAPhase I2000$69.6K
U.S. NavyNavyPhase II1997$176.2K
U.S. NavyNavyPhase I1997$70K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Droplet Measurement Technologies Advancing Australia’s Industries - Write Insiderwriteinsider.com.au · Jul 2025Droplet Measurement Technologies has been sold to ENVEA | EC Mergers & Acquisitionsec-ma.com · Nov 2024Benford Capital Partners, LLC acquired Droplet Measurement Technologies, Inc. | Technology Investment Bankingoemcapital.com · Dec 2016

Frequently asked questions

What does Droplet Measurement Technologies do?
Droplet Measurement Technologies designs and manufactures scientific instruments and airborne probes for researchers studying atmospheric and cloud physics across global research institutions.
Who founded Droplet Measurement Technologies?
Droplet Measurement Technologies was founded by Darrel Baumgardner in 2016.
How much funding has Droplet Measurement Technologies raised?
Droplet Measurement Technologies has disclosed $1.4M raised across 1 round.
Where is Droplet Measurement Technologies headquartered?
Droplet Measurement Technologies is headquartered in Boulder, US.