Author: Ara Topouzian

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 […]

Established and emerging supply chain technologies in Ann Arbor collaborate to further field ANN ARBOR, Mich. (September 9, 2016) – LLamasoft,  a global leader in supply chain optimization and software solutions is happy to welcome Local Orbit, the supply chain platform for the new food economy, into its new office space in the McKinley Towne […]

Dear MVCA Members, It’s MVCA Events & Program Manager, Molly Theis, here to encourage you to stay involved in the community in 2016!  MVCA would like to keep you “in the know” regarding the various events going on in the Entrepreneurial & Investment Community.  We not only want you to attend our MVCA Events, but also events […]

An investment made by several groups of early-stage Michigan investors could pay off in a big way following the recent news that Allergan acquired Ann Arbor-based RetroSense Therapeutics LLC, a Michigan angel-backed gene therapy company, for $60 million plus additional funding if the company reaches future milestones. Terry Cross, MVCA member, and director of RetroSense […]

DUBLIN and ANN ARBOR, Mich., Sept. 6, 2016,– Allergan plc (NYSE: AGN), a leading global pharmaceutical company, and RetroSense Therapeutics LLC, a Michigan Angel-backed, clinical-stage biotechnology company focused on novel gene therapy approaches to restore vision in patients suffering from blindness, today announced that Allergan has acquired substantially all of the assets of RetroSense in an all-cash transaction. Under the terms of the transaction, Allergan has […]

MVCA tools are most current and complete resources available. ANN ARBOR, Michigan (August 31, 2016)—The Michigan Venture Capital Association (MVCA) is launching its 2016 Michigan Entrepreneurial & Investment Landscape Guide. The guide is the state’s most comprehensive tool for navigating the Michigan entrepreneurial and investment community.  Useful to both in-state and out-of-state investors who are active […]

School is almost back in session for most students, but MVCA Venture Fellows hit the books early at MVCAcademy in July.  The day-long workshop at Ann Arbor Distilling Co.  covered highly technical and targeted topics aimed at educating the Fellows, who are part of MVCA pairs investment professionals early in their career with a Michigan […]

MVCA Member, Plymouth Ventures (“Plymouth”), announced yesterday, August 23, 2016, that it sold its position in 365 Retail Markets, the global leader in MicroMarket technology, to McCarthy Capital Fund VI (“McCarthy Capital”). McCarthy Capital manages more than $1 billion of investment capital across its portfolio. Headquartered in Troy, MI with offices in Santa Clara, CA, […]

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 […]

MVCA Fellow Kathryn Gardner’s transition from investment banking to venture capital has been a smooth one, thanks in part of the experiences she’s had working at Michigan’s largest healthcare venture investor, Arboretum Ventures.  In the two years since Gardner joined the firm, the firm has raised $220 million to invest into healthcare companies in Michigan […]