Meet MVCA Venture Fellow, Hirak Parikh of Augment Ventures
Hirak Parikh has been a long-standing member of Michigan’s entrepreneurial and investment community as an entrepreneur and investor. Since 2016, Hirak has been the fund manager of University of Michigan’s Monroe-Brown Seed Fund, an early stage fund that makes investments in life-science spinouts from the University of Michigan. Now, he’s embarking on a new role as a… read more
Meet MVCA Venture Fellow Nic Wetzler, Augment Ventures
Nic Wetzler has been a long-standing member of Michigan’s entrepreneurial and investment community with previous leadership roles at Detroit Materials and Wayne State University. Now as a Venture Fellow, Wetzler will be in charge of deal sourcing and due diligence at Augment Ventures. The Venture Fellows Program, supported by Michigan Economic Development Corporation (MEDC), is… read more
Michigan-based LLamasoft Raises $50 Million in Venture Funding
Supply chain technology company continues to push innovation in the marketplace ANN ARBOR, Mich. (September29, 2015). LLamasoft, a supply chain software innovator, announced that it has closed a $50 million Series B financing round with affiliates of Goldman, Sachs & Co. The minority investment will be used to fund numerous technology development and growth initiatives. … read more
Mercatus Introduces FICO Score Equivalent for Energy Projects, Raises $2M Series A
Ann Arbor-based Augment Ventures was part of a recent $2 million Series A investment in Santa Clara, Calif-based Mercatus. Mercatus offers Origination and Syndication Management for the energy project finance industry, helping investors make asset-class portfolio decisions.