Entrepreneur Spotlight: How Detroit Startup Quikly Found Fast Success in Michigan

Quikly is a Detroit-based information technology startup that offers a digital marketing platform for retailers that provides limited time deals and discounts. This startup company secured investment from Detroit Venture Partners and went on to receive additional support from Plymouth Growth Partners. “The investment and expertise from our Michigan investors were pivotal to our company’s… read more

Quikly

Augment Ventures Looks to Future & Finds Success Investing in Ann Arbor

Venture capital firm and MVCA member, Augment Ventures, announced today that their team still proudly supports LLamasoft and has maintained their investment in the Ann Arbor-based startup company following the news that TPG Capital, the global private equity fund of leading alternative asset firm TPG, partnered with LLamasoft. With over 700 customers around the world, LLamasoft provides innovative… read more

Llamasoft

MySwimPro Named Best Apple Watch App of the Year, Launches WeFunder Campaign

MySwimPro is an Ann Arbor-based information technology startup that helps swimmers and triathletes achieve their goals through custom workouts, structured training plans, and coaching.  The company grew out of the Desai Accelerator and employs 3 people in Michigan.  MySwimPro recently was named the 2016 Apple Watch App of the Year, won the grand prize at the… read more

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