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

Autobooks Closes $5.5 Million Series A Financing Round

MVCA member Draper Triangle leads Series A financing round with Baird Capital, Detroit Venture Partners, and Invest Michigan. DETROIT, Mich. – Autobooks, a financial technology company that builds cash management tools to help small business owners, announced the closing of a $5.5 million Series A financing round led by Draper Triangle. This investment follows the company’s self-funded… read more

Autobooks
Plymouth Ventures_Kevin Terrasi

SkySync Secures Growth Funding Led by Plymouth Ventures

MVCA Member, Plymouth Ventures, leads Series A funding round to help SkySync expand ahead of new product launch. ANN ARBOR, Mich. – SkySync today announced that it has closed a round of Series A funding led by Plymouth Ventures of Ann Arbor, Mich. SkySync develops middleware technology within the hyper‐growth market of Enterprise File Logistics (EFL),… read more

Arboretum Ventures Promotes Tom Shehab, M.D. to Managing Director

MVCA member Arboretum Ventures, a leading healthcare venture capital firm, announced the promotion of Tom Shehab, M.D. to Managing Director. Dr. Shehab, an MVCA board director, began his career at Arboretum in 2014 as a Principal after spending several years as a member of the Arboretum Technical Advisory Board. Since joining Arboretum, he has been… read more

Tom Shehab, M.D.

Congratulations Chris Stallman, newly named partner at Fontinalis Partners!

On a winding path from teen entrepreneur to partner at Detroit’s largest venture capital firm (and winner of the 2016 MVCA “100” Award!), Fontinalis Partners’ Chris Stallman rarely strayed too far from his true calling: building and investing in valuable businesses.   After starting several tech companies as a high schooler in suburban Chicago, Stallman headed to… read more

Chris Stallman, Fontinalis

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