Hacker Fellows Kicks Off Third Year – Let the Matchmaking Begin!

Hacker Fellows is kicking off its third year of supporting the Michigan tech ecosystem by providing vetted junior development talent to the state’s most promising startups! Hacker Fellows, managed by Invest Detroit Ventures, is a tech talent retention program incentivizing recent computer science graduates from top-tier universities to work for Michigan tech companies. Our 15… read more

Hacker Fellows

Nokia to acquire Deepfield to power network and service automation with real-time, big data analytics

A global communications company looked to a Michigan venture-backed startup for a world-class solution to a 21st century problem, as Nokia announced plans to buy Ann Arbor-based Deepfield, a provider of real-time analytics for IP network performance management and security. The acquisition of Deepfield will extend Nokia’s leadership in real-time, analytics-driven network and service automation,… read more

BERINGEA CO-LEADS $15.2 MILLION SERIES F ROUND IN PORTFOLIO COMPANY INCONTEXT SOLUTIONS

Intel’s strategic investment and M&A group Intel Capital is new investor in company FARMINGTON HILLS, MICH. (October 26, 2016)— Beringea, Michigan VC firm and MVCA member, and Intel Capital co-led a $15.2 million funding round for portfolio company InContext Solutions, a global leader in virtual reality (VR) solutions for retailers and manufacturers.  The capital will help… read more

Gemphire Therapeutics Announces Initial Public Offering

Gemphire Therapeutics Inc., a clinical-stage biopharmaceutical company focused on developing and commercializing therapies for the treatment of dyslipidemia, a serious medical condition that increases the risk of life threatening cardiovascular disease, and NAFLD/NASH (nonalcoholic fatty liver disease) today announced the pricing of its initial public offering. The shares are expected to begin trading on the… read more

Mina Sooch, Gemphire

Investor Member News: Quikly Secures $3 Million In New Capital Led By Plymouth Ventures

The marketing platform drives proven and immediate ROI for consumer brands. Quikly, an industry-leading enterprise marketing platform, announced today that it closed $3 million in new funding led by MVCA member, Plymouth Ventures! Founded in 2012, Quikly has become a high-performing innovator in the retail digital marketing space, posting sales growth of 200% over the… read more

MGCS Open Call for Company Applications

Mark Your Calendars! ANN ARBOR, Mich., Feb. 11, 2016 /PRNewswire-USNewswire/ — Organizers of the Michigan Growth Capital Symposium (MGCS) are inviting early to mid-stage companies to present their pitches before an audience of potential investors at its 35th annual event. The symposium will take place on May 17 & 18 at the Marriott Resort in… read more

Member News: Millendo Licenses Phase 2 from AstraZeneca and Secures Series B Financing of $62 Million

ANN ARBOR, Mich., Jan. 5, 2016 – Millendo Therapeutics, Inc., today announced that it has entered into an exclusive license agreement with AstraZeneca for the worldwide development and commercialization rights to AZD4901, a product candidate for the treatment of polycystic ovary syndrome (PCOS), the most common endocrine disease in women. The Company will develop the… read more

ICYMI: 2015 MVCA Annual Awards Dinner

With record attendance, the 2015 MVCA Annual Awards Dinner focused on the tremendous growth of the entrepreneurial and investment community in Michigan and the broader Great Lakes Region. Our Executive Director Maureen Miller Brosnan welcomed our members and guests to an evening of celebration and reflection, and took a moment to recognize some special guests in… read more

Congratulations to Tom Porter! Lifetime Achievement Award

As a pioneer in Michigan venture capital investing, Tom Porter has dedicated his thirty-year career to building the state’s entrepreneurial ecosystem and guiding students and young professionals interested in joining the industry. His lasting impact on the Michigan venture community and his fundamental role in its creation and development will be recognized at the 2015… read more

Congratulations Mina Sooch! The Entrepreneur of the Year Award

Serial entrepreneurs are the lifeblood of a vibrant, growing venture capital community, and the Great Lakes Region is home to many successful founders who can translate their past experience into growing new companies in this area.  Over the past decade, one Michigan entrepreneur and venture capitalist has proven she has the determination to nurture multiple… read more