Colorado ONE Fund Invests in Okika Devices with HQ at Catalyst Campus

Colorado ONE Fund, a regionally focused venture arm of ONE Funds, which backs critical technologies that advance Colorado’s innovation economy, has announced a strategic investment in Okika Devices, a leading developer of Field Programmable Analog Array (FPAA) integrated circuits. This investment follows Okika’s recent relocation of its headquarters to Catalyst Campus in downtown Colorado Springs, a hub for aerospace, defense, and advanced technology collaboration.

Led by a team of semiconductor industry veterans, Okika Devices develops reconfigurable analog chips and hardware development platforms that enable real-time signal processing. Its FPAA technology bridges the gap between digital and analog computing, delivering low-latency, low-power solutions for a broad range of defense, industrial, and sensing applications.

“We are committed to accelerating innovation that strengthens our national security and technological edge. Our investment in Okika Devices represents that mission in action,” said Kevin O’Neil, CEO of ONE Funds. “Okika’s breakthrough work in analog integrated circuits is exactly the kind of critical capability we need to support, and we are proud to help power their growth here in Colorado Springs.”

“We’re thrilled to partner with ONE Funds at this pivotal stage,” said William Staunton, CEO of Okika Devices. “With our new headquarters at Catalyst Campus, we’re building a world class team in Colorado Springs to advance FPAA technology. Just as FPGAs reshaped digital design, FPAAs are set to redefine analog, delivering faster development, lower costs, and greater energy efficiency. The future of intelligent electronics is analog, and it starts here.”

You can read the full press release here.

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