Renaissance Venture Capital Fund Closes Third Fund with $81M of New Capital
Renaissance Venture Capital Fund (Renaissance), Michigan’s ground-breaking venture capital fund-of-funds, announced the closing of its third fund, with $81 million of new capital. The innovative network fund is the largest of its kind in the United States, now with a total of $205 million raised since its inception in 2008. Renaissance Fund III leverages the… read more
Research Series Post: How Confident are you in the Flow of Investment and Talent Pool in Michigan?
Each year, MVCA takes a deeper dive looking at the findings from the MVCA Annual Research Report, a study that provides an in-depth analysis of investment activity occurring in the state, through a series of research posts. The data in the report shows that while Michigan is growing many of the fundamental elements needed for… read more
10 Michigan Startups that are Hiring Now
Ryan Landau of re:purpose has made it his mission to empower people to find the jobs they love based on a company’s culture and values. He circled back with us recently to provide an update on startups that are hiring in Ann Arbor, Detroit, and Royal Oak as a follow up to his blog post last… read more
Intel Capital to Headline 37th Annual Michigan Growth Capital Symposium
Top industry speakers and entrepreneurs are scheduled to host Michigan Growth Capital Symposium on May 15-16, including Jim Adox of Venture Investors, Jonathan Murray of Draper Triangle, Tim Peterson of Arboretum Ventures, Kelly Sexton of University of Michigan – Technology Transfer and Innovation Partnerships, Michael Psarouthakis of University of Michigan – Tech Transfer Venture Center,… read more
Legislative Alert: 2018 Michigan Venture Capital and Angel Investment Week Resolution
This morning, Michigan State Senator Mike Kowall introduced the resolution for the state’s third Michigan Venture Capital and Angel Investment Week from April 22 – April 28, 2018. State Representative Adam Zemke will introduce the resolution in the House. Brosnan was invited by Senator Kowall to be present at the Senate Chambers and by Representative… read more
2018 MVCA Research Report Highlights Economic Impact of Investment Activity in Michigan
View the NEW 2018 MVCA Research Report Here! Association Appoints Healthcare Industry Veteran as New Chairman of its Board of Directors Ann Arbor, MI – April 18, 2018 – Michigan Venture Capital Association (MVCA), the nonprofit trade association founded in 2002 to increase the amount of capital and talent for Michigan’s entrepreneurial and investment community,… read more
Renaissance Venture Capital Fund Attracts More than $1.3 Billion Dollars of Investment to Michigan Startups
Renaissance Venture Capital Fund, Michigan’s innovative venture capital fund-of-funds, announced the fund’s economic and social impact on the state of Michigan. Highlighting these metrics is the fund’s successful attraction of more than $1.3 billion into Michigan’s startup ecosystem. Since Renaissance launched in 2008, it has invested in 30 venture capital funds around the United States,… read more
Guest Post from Plante Moran: Combat Disruption with a Flexible Operations Model
2018 Silver Service Provider Member Plante Moran shares six ways organizations can drive more flexible operations to stay competitive and profitable. Summary of the article by Dave Plomin for the Plante Moran blog. Tried-and-true business models are facing obsolescence, and organizations are being pressured to make often significant changes to stay competitive and profitable. Why?… read more
MVCA 12 at 12: Entrepreneurs & Investors Share How Michigan Can Improve its Seed Investment Process
By Patti Glaza, Managing Director & SVP of Invest Detroit Ventures An ongoing discussion in Michigan’s entrepreneurial and investment community is the increasing need for capital to fund entrepreneurs. As noted in the 2017 MVCA Research Report, an estimated $504 million of additional venture capital will be required to adequately fund the growth of Michigan’s 141 startup… read more
Boston Scientific Acquires Arboretum Ventures’ Portfolio Company, NxThera
Exciting news! Arboretum Ventures’ portfolio company, NxThera, was acquired by Boston Scientific in a $400 million deal for its treatment of benign prostatic hyperplasia (BPH). According to the 2017 MVCA Research Report, while Michigan venture funds are investing in a variety of sectors, the life science sector continues to be a focus of capital deployment with 42 percent… read more