Member News: Millendo Licenses Phase 2 from AstraZeneca and Secures Series B Financing of $62 Million

ANN ARBOR, Mich., Jan. 5, 2016 – Millendo Therapeutics, Inc., today announced that it has entered into an exclusive license agreement with AstraZeneca for the worldwide development and commercialization rights to AZD4901, a product candidate for the treatment of polycystic ovary syndrome (PCOS), the most common endocrine disease in women. The Company will develop the… read more

Renaissance, MVCA Program Lures Investors to Michigan

Source: Xconomy Though Michigan’s startup community has experienced a ton of growth in the past 10 years, the state remains a place that is “underserved” when it comes to investment capital, says Chris Rizik, CEO and fund manager at Renaissance Venture Capital. With that in mind, Renaissance partnered with the Michigan Venture Capital Association for… read more

MEMBER NEWS: Renaissance Venture Capital Fund adds investors, closes second fund-of-funds

From Tom Henderson, at Crain’s Detroit Business: The Ann Arbor-based Renaissance Venture Capital Fund has received almost $14 million in commitments from three new corporate and institutional investors and has closed its second fund at $79 million. The new investors are Benton Harbor-based Whirlpool Corp., the East Lansing-based MSU Foundation and Livonia-based Roush Industries Inc., according to fund manager and CEO Chris… read more

ArborMetrix Receives Additional $1.3 Million in Series B Financing From Renaissance Venture Capital Fund and Detroit Innovate Fund

ArborMetrix announced that it has increased its Series B financing by $1.3 million to allow Renaissance Venture Capital Fund and Detroit Innovate to participate.

Chris Rizik’s Guest Commentary in Bridge Michigan

The growth of venture capital in Michigan is written about by Chris Rizik, Renaissance Venture Capital Fund.

Chris Rizik's Guest Commentary in Bridge Michigan

The growth of venture capital in Michigan is written about by Chris Rizik, Renaissance Venture Capital Fund.

Michigan Venture Capital on ‘Michigan Matters’

Chris Rizik, CEO of Renaissance Venture Capital Fund and Hyaat Chaudhary, CEO of Outdoor Hub were interviewed on Michigan Matters this past Sunday. Watch them talk about the increase in venture capital funding in Michigan, sustained by the talent and technology. Watch the Michigan Matters interview.

Michigan Venture Capital on 'Michigan Matters'

Chris Rizik, CEO of Renaissance Venture Capital Fund and Hyaat Chaudhary, CEO of Outdoor Hub were interviewed on Michigan Matters this past Sunday. Watch them talk about the increase in venture capital funding in Michigan, sustained by the talent and technology. Watch the Michigan Matters interview.

Renaissance Venture Fund

The $45 million Renaissance Venture Capital Fund I was hailed as a new model for fundraising. CEO and Fund Manager Chris Rizik describes these kinds of connections as “make or break” for some of the start-ups in his fund’s portfolio, allowing them to gain market traction quickly.

Mahendra Ramsinghani Contributes VC Article to Forbes

Can venture capital fund-of-funds boost innovation and regional growth?