Category: MEMBER NEWS

Venture Investors Health Fund, a leading early-stage health care investment firm, announced that Shelly Lanning has joined the investment team as a Venture Partner. See her bio here: Shelly Lanning – Venture Investors Shelly brings over 25 years of investing and operating experience, primarily within the healthcare, medical devices, and health & wellness industries.  She […]

MiSpringboard is Varnum’s statewide initiative designed to remove some of the barriers associated with starting a business by providing free legal services to Michigan startups. Varnum launched the MiSpringboard program in 2011 as a way of helping Michigan’s then-struggling economy with a commitment of $1 million in free legal services. MiSpringboard was our way of […]

St. Louis, Oct. 12, 2021 (GLOBE NEWSWIRE) — Deck Commerce, the St. Louis-based software company announced today that it closed $7.8MM in Series A funding led by Plymouth Growth, a growth equity firm based in Ann Arbor, MI. This new partnership will allow Deck Commerce to enhance its product offering to feature even more robust direct-to-consumer capabilities for leading brands. The company intends to use the funds to expand its strategic alliances, amplify sales and marketing […]

Nathan Owen is now a Partner at Grand Ventures. He has collaborated closely as a trusted advisor with the fund for several years, and we are thrilled to welcome him onboard as full-time team member! He will focus on deals in the DevOps, cybersecurity, and open source software industries. Nathan brings 20 years of operational […]

Allay Therapeutics Completes Oversubscribed $60M Financing to Advance Ultra-Sustained Pain Platform Financing led by Arboretum Ventures. Managing Partner Nicole J. Walker to join Allay Therapeutics Board of Directors ATX-101 to advance to Phase 2b development in total knee replacement surgeries in 2021 Financing will also support broader development of ATX platform for ultra-sustained pain relief  […]

Ann Arbor, Michigan – September 7, 2021 – Bank of Ann Arbor (“Arbor”), and Nicolet National Bank (“Nicolet”), today announced that Arbor has entered into an agreement to buy the Birmingham, Michigan Branch of Nicolet located at 260 East Brown Street, Birmingham, Michigan. This was a branch of the former mBank, recently acquired by Nicolet. […]

DETROIT, MI and BOSTON, MA – August 19, 2021 – Fontinalis Partners (www.fontinalis.com), a mobility focused venture firm with offices in Detroit and Boston, today announces the closing of its $104 million third fund, Fontinalis III. Fontinalis Partners was founded in 2009 by an experienced team of operators and investors with a thesis that continued […]

ANN ARBOR, MI (August 11, 2021) – Arboretum Ventures, a leading healthcare venture capital firm based in Ann Arbor, Michigan, today announced that Dan Kidle has been promoted to Managing Partner. Dan joined Arboretum in 2011 as an Analyst, and after successive promotions, was made Partner in 2020. Before joining Arboretum, he held a corporate […]

ANN ARBOR, MICH.  July 20, 2021–Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital.  Since it opened in 2008, Renaissance has raised over $280 million, making it the largest “fund of funds” of its kind in the United States.  Renaissance has become a role model for similar funds that have […]

The Position The Executive Vice President reports to the CEO of the Michigan Capital Network Association (MCN) and, in partnership with the Board, is responsible for the success of the MCN Angel Network through growing, educating, and diversifying a state-wide network of early-stage investors. The Angel Network includes Grand Angels, Woodward Angels, Flint Angels and […]