HistoSonics CEO and President, Mike Blue

HistoSonics Appoints Mike Blue as CEO and Board Member; Completes First Close of a Series B Financing

This week, HistoSonics announced that Mike Blue joined the company as President, CEO, and board member of HistoSonics. Additionally, the company closed a Series B financing round of $8.3 million led by MVCA members Venture Investors, LLC, Wolverine Venture Fund and Grand Angels. ANN ARBOR, Mich., March 13, 2017 – HistoSonics, Inc. announced today that Mike… read more

Plymouth Ventures invests in Indianapolis-based Cloud Technology Provider, Kinney Group

Indianapolis, IN (November 9, 2016) – Plymouth Ventures announced today that it has made a growth round investment in Kinney Group, Inc. (KGI), a cloud solutions integrator serving the Global 2000, IT-centric mid-market companies, and US Public Sector organizations. The participation from Plymouth is a strategic part of KGI’s overall fundraising objective for helping accelerate… read more

BERINGEA CO-LEADS $15.2 MILLION SERIES F ROUND IN PORTFOLIO COMPANY INCONTEXT SOLUTIONS

Intel’s strategic investment and M&A group Intel Capital is new investor in company FARMINGTON HILLS, MICH. (October 26, 2016)— Beringea, Michigan VC firm and MVCA member, and Intel Capital co-led a $15.2 million funding round for portfolio company InContext Solutions, a global leader in virtual reality (VR) solutions for retailers and manufacturers.  The capital will help… read more

Millendo Therapeutics, Capital Event of the Year!

Finding drugs to improve the quality of life for patients with endocrine diseases with few or no treatment options, can be a noble but resource-intensive task.  For Ann Arbor-based Millendo Therapeutics, a $62 million Series B financing announced in January 2016 moved the biotechnology company a little closer to that goal and earned it the… read more

Tumor Ablation Expert Dr. Fred Lee, Jr. Joins HistoSonics as Board Member, Senior Medical Advisor

Will Help Advance HistoSonics’ Non-Invasive Therapy Technology in Liver Tumors, Other High-Value Applications    Ann Arbor, MI – September 13, 2016 – HistoSonics, Inc. announced today that noted radiologist and tumor ablation expert Fred Lee, Jr., MD, has joined the company as Senior Medical Advisor and Board member to advance HistoSonics’ innovative tissue-destruction technology in liver… read more

MVCA Investor-Only Networking Reception Recap

Last week, our MVCA board of directors gathered for our quarterly meeting on the west side of the state, in Zeeland, known for its blueberries, beaches, and business. There’s no doubt that the west side of the state is beautiful, but it’s quickly becoming a destination for work as well as play. West Michigan’s lakeshore… 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

Meet MVCA Venture Fellow Sabrina Hadinoto, Venture Investors

Sabrina Hadinoto relishes the “incredible variety and continual learning” a career in venture capital offers.  So when the MVCA Venture Fellows Program made it possible for her to join Ann Arbor-based Venture Investors full time, she didn’t hesitate.  Sabrina tells us why she’s choosing Michigan to build her career and the legacy she hopes to leave… read more

MEMBER NEWS: Beringea invests in record $39.5 million Series C Round for Delphinus Medical Technologies

FARMINGTON HILLS, MICH. (September 10, 2015)— Beringea, a private equity firm providing growth capital to market-leading businesses, is pleased to announce a follow-on investment in Delphinus Medical Technologies, Inc., the leader in advanced breast ultrasound technology.  The company has secured an unprecedented Series C funding round of $39.5 million, the single largest amount ever raised for a… read more

2014 MVCA Annual Awards Dinner gathers largest-ever crowd in celebration

It was an auspicious first day of work for new MVCA Executive Director Maureen Miller Brosnan.  “Not many people get a party this big thrown in their honor the first day on the job!” she joked before a record crowd of 215 at the MVCA Annual Awards Dinner on December 1, 2014 at the Inn at… read more