Chris Rizik_Renaissance Venture Fund

Houston Launches First Fund of Funds Based on Michigan Model

Renaissance Venture Capital Fund announced during its annual meeting in October that Houston has launched its first fund of funds based on the best practices model developed by Renaissance CEO and Fund Manager, Chris Rizik. Renaissance has set the standard for success with its model that has outperformed national benchmarks for the rate of return… read more

Delphi Acquires Mobility Company, nuTonomy, for $450 Million!

This week, Delphi Automotive announced the acquisition of nuTonomy for $450 million. MVCA member and past winner of The “100” Award, Fontinalis Partners, first invested in the nuTonomy’s seed round in November 2015 and significantly expanded its position in the company’s Series A round the following year. Chris Thomas, founder and partner of Fontinalis Partners, served… read more

Exclusive Q&A: MSU Foundation Shares Why Capital is Essential for Entrepreneurs

It’s been a busy year for MSU Foundation since the formal launch of Red Cedar Ventures in 2016! The fund deployed over $1M in seed and follow-on funding in 20 separate transactions to entities involved in commercializing technologies created at Michigan State. Michigan Venture Capital Association spoke with MSU Foundation Executive Director, Dave Washburn, to… read more

Chris Rizik_Renaissance Venture Fund

Congratulations, Chris Rizik! Winner of EY Entrepreneur of the Year Award

EY announced that Chris Rizik, CEO of Renaissance Venture Capital Fund, has received the Entrepreneur of the Year 2017 Award! The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Chris won the award for the… read more

Exit Interview: MVCA Venture Fellow John Bonhard

At Beringea, MVCA Venture Fellow John Bonhard helps the firm invest in startup companies at the growth/expansion stage, long after their days of incubator space and initial round of seed funding.  But he quickly realized these companies required a different skill set to find, invest in, and manage than the early-stage tech startups he once… read more

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
Renaissance Venture Capital Fund

Renaissance Expands Network with Investment in Venture Capital Fund Next Coast Ventures

MVCA Member, Renaissance Venture Capital Fund (RVCF), Michigan’s venture capital fund-of-funds, announced its investment in Austin-based Next Coast Ventures. Next Coast Ventures is a highly-regarded venture capital fund that backs early-stage technology businesses around the U.S. and is a new member of MVCA! This is the 25th investment made by the Renaissance Venture Capital Fund. Share on… read more

Autobooks CEO and Co-Founder, Steve Robert Plans for Company Growth in Michigan

Earlier this month, Troy-based startup, Autobooks, closed a Series A funding round led by Draper Triangle with Baird Capital, Detroit Venture Partners, and Invest Michigan. The company expects to double its number of employees and open an office in one of the most popular cities on the rise – Detroit. To learn more about the company’s… read more

Steve Robert

Invest Detroit Ventures Announces First Capital Fund

MVCA member, Invest Detroit Ventures, is launching a new fund that will support startup companies at the earliest stages of commercialization.  MVCA Board Member and Managing Director of Invest Detroit, Patti Glaza, says, “Our team is excited to continue our work supporting early stage companies in Michigan.  The first 18 months is a critical time period for startups,… read more

Invest Detroit Ventures
HistoSonics CEO and President, Mike Blue

HistoSonics Appoints Mike Blue as CEO and Board Member; Completes First Close of a Series B Financing

This week, HistoSonics announced that Mike Blue joined the company as President, CEO, and board member of HistoSonics. Additionally, the company closed a Series B financing round of $8.3 million led by MVCA members Venture Investors, LLC, Wolverine Venture Fund and Grand Angels. ANN ARBOR, Mich., March 13, 2017 – HistoSonics, Inc. announced today that Mike… read more