Member News

Midwest Growth Capital Symposium and InvestMidwest Partner to Present 2020 Midwest Venture Showcase – Online

Midwest Growth Capital Symposium and InvestMidwest Partner to Present 2020 Midwest Venture Showcase – Online In light of the continuing impact of the coronavirus, the Midwest Growth Capital Symposium has partnered with InvestMidwest to present a joint online company showcase titled the 2020 Midwest Venture Showcase! This online format will still showcase Midwest companies seeking… read more

COVID-19 Resources for MVCA Members

The Michigan Venture Capital Association (MVCA) continues to monitor the current COVID-19 situation and its impact on the State of Michigan. We are taking precautionary measures as it relates to our upcoming events for the next few months. As you know this situation is changing rapidly on a daily basis. Michigan Governor Gretchen Whitmer has… read more

New Requirements for Michigan-based Angel, Venture Capital and Private Fund Managers

The following information was provided by MVCA Service Provider, Warner Norcross + Judd, LLP relating to new rules for filing requirements in Michigan.  Effective as of January 3, 2020, most Michigan-based fund managers of angel funds, venture capital funds and certain other private funds must begin electronically submitting reports on Form ADV as an “exempt… read more

MVCA Board Member Profile: Evan Ufer, Plymouth Growth Partners

MVCA recently announced the 2020 Board of Directors and new to the Board is Evan Ufer, Partner at Plymouth Growth Partners. Evan focuses on sourcing and executing lead investments in technology-based businesses. Since joining in 2014, he has led five of Plymouth’s investments and has been involved in many other successful financings. Prior to Plymouth,… read more

Beringea leads $5M investment round in unified communications provider Atlas Space Operations

FARMINGTON HILLS, MICH., Feb. 11, 2020 — Beringea, a global private equity firm providing growth capital to high potential businesses, led a $5 million investment round in Traverse City, Mich.-based ATLAS Space Operations, Inc., a global provider of high-quality, mission-critical unified communications services. The capital will be used to further advance ATLAS’s engineering efforts in… read more

Dan Kidle Honored with National Venture Capital Association’s Rising Star Award

ANN ARBOR, MI (February 18, 2020) – Arboretum Ventures, a leading healthcare venture capital firm, today announced that Dan Kidle has been named one of three recipients of the National Venture Capital Association’s Rising Star Award for 2020. This award recognizes the next generation of venture capitalists who have established themselves as emerging leaders in the industry. Dan is receiving… read more

2019 Investment Recap – Birmingham Angels, Birmingham, MI

City Side Ventures is pleased to announce that the newly formed Birmingham Angels had their first group meeting in September 2019. The group, which is growing rapidly consists of successful business executives and high net worth individuals from Oakland County, has already established that they are “players” in the angel investing asset class in a… read more

Midwest Growth Capital Symposium Celebrates 40 Years!

Join us for the 40th Anniversary of the MGCS, May 12-13 at the Marriott Resort-Eagle Crest in Ann Arbor, Michigan! Be among the more than 400 leading founders of the region’s most promising start-ups and connect with venture capitalists, angel and institutional investors from the Midwest and beyond. Register today for two days of dynamic… read more

Bank of Ann Arbor Expands into Livingston County with Definitive Agreement to Merge with First National Bank in Howell

Ann Arbor, Michigan – February 4, 2020 – Arbor Bancorp, Inc., the holding company for Bank of Ann Arbor (“Arbor”), and FNBH Bancorp, Inc., the holding company for First National Bank in Howell (“First National”) (OTC Pink: FNHM), today announced they have entered into a definitive agreement for Arbor to acquire First National in an all-cash transaction. Read… read more

dBusiness covers Michigan’s Venture Capital community in Jan/Feb 2020 issue

In the January-February 2020 issue of dBusiness, the cover story is focused on venture capital investment, private equity activity, angel investing throughout Michigan. Written by Tim Keenan, several MVCA members were interviewed for this article. Read the article by clicking here.