Keep Michigan Moving Forward!
The momentum in our entrepreneurial and investment community has been building for several years now, and in 2016 we made significant strides to keep Michigan moving in the right direction–forward. The number of venture capital firms headquartered in Michigan, their total capital under management, and number of venture capital investments made in Michigan has doubled… read more
Remembering Bob Clone
The Michigan entrepreneurial and investment community lost a friend and colleague last week as Bob Clone, the former head of private equity for Indiana and a long-time private markets investor with the State of Michigan Retirement System, passed away after a year-long battle with cancer. A long-time Mid-Michigan resident, Bob is survived by his wife,… read more
Michigan State University Foundation Launches $5M Venture Fund, Red Cedar Ventures LLC
Newest subsidiary dedicates pre-seed and follow-on funding to MSU-based startups, technology commercialization Lansing, MI — The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and… 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
Congratulations Emily Heintz, 40 under 40 Awardee!
Emily Heintz joined MVCA three years ago with a mandate to help support Michigan’s vibrant entrepreneurial and venture capital community. A natural networker and people person, Emily expanded the educational and networking events the organization offers and grew the popular talent programs. And perhaps most significantly, Emily, a data guru at heart, transformed the MVCA… read more
Tumor Ablation Expert Dr. Fred Lee, Jr. Joins HistoSonics as Board Member, Senior Medical Advisor
Will Help Advance HistoSonics’ Non-Invasive Therapy Technology in Liver Tumors, Other High-Value Applications Ann Arbor, MI – September 13, 2016 – HistoSonics, Inc. announced today that noted radiologist and tumor ablation expert Fred Lee, Jr., MD, has joined the company as Senior Medical Advisor and Board member to advance HistoSonics’ innovative tissue-destruction technology in liver… read more
Legislative Alert: House Tax Policy Committee Set to Vote on Early Stage (Angel) Investment Bills This Week
House Tax Policy Committee Chairman, Jeff Farrington (R-30) wasted no time getting a hearing on two bills that make up an Angel Investment Program he introduced during the one day this summer that the House was in session. He quickly moved to have House Bills 5786 and 5787 placed in his committee to shepherd them… read more
Local Orbit Moves Into LLamasoft’s New Office
Established and emerging supply chain technologies in Ann Arbor collaborate to further field ANN ARBOR, Mich. (September 9, 2016) – LLamasoft, a global leader in supply chain optimization and software solutions is happy to welcome Local Orbit, the supply chain platform for the new food economy, into its new office space in the McKinley Towne… read more