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

Michigan Angel Fund Leads $1M Investment in Shoulder Innovations

MVCA member, Michigan Angel Fund, recently led a $1 million fundraising round in Holland, Michigan-based company Shoulder Innovations. HOLLAND, Mich. –  MVCA member Michigan Angel Fund (MAF) recently led a $1 million fundraising round in Holland, Mich.-based Shoulder Innovations, an emerging developer of shoulder replacement systems. This investment is the ninth made by the MAF… 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

SkySpecs’ Drones Takes Off with $3.0 Series A Funding from Strong Great Lakes Region Syndicate

ANN ARBOR, Mich. – Nov. 9, 2015 – SkySpecs, Inc., an industry leader in drone collision avoidance and provider of an automated drone infrastructure inspection platform, announced today that it raised $3.0 million in a Series A round led by Venture Investors. The Series A round also included new investment from Huron River Ventures, Amherst… read more

New Michigan Angel Fund Offers New Opportunities for Funders, Startups

The Michigan Angel Fund (MAF) is a for-profit equity fund managed by Ann Arbor SPARK. The $2 million fund focuses on capital efficient, early stage companies located in Michigan.