Author: Ara Topouzian

West Michigan angel group Grand Angels announces the creation of Grand Angels Co-Investment Fund I, a “sidecar” fund which Grand Angels Company, LLC will manage.  The fund, whose investors include members and non-members of Grand Angels, will invest a small amount in most of the deals in which Grand Angels members invest.  Grand Angels President […]

As part of the Dodd-Frank Act, Congress eliminated section 203 (b)(3) of the Advisers Act, which previously had exempted from SEC registration any adviser that had fewer than 15 clients over the last 12 months, did not hold itself out to the public as an investment adviser, and did not act as an investment adviser […]

MVCA members helped Prof. David Brophy and the U-M Zell Lurie Institute celebrates the 30th anniversary of their annual event, the Michigan Growth Capital Symposium. Highlights included a retrospective of the conference’s three decades with remarks by founder Brophy as well as a lunchtime keynote by Silicon Valley VC and U-M alum Jay Hoag. Forty […]

A large crowd of investors and industry supporters enjoyed cocktails and dinner at a private event at Vinology in connection with the annual MGCS conference. Get the flash player here: http://www.adobe.com/flashplayer //

Kalamazoo, MI – Plymouth Management Company (PMC) announced its third investment from Plymouth Venture Partners Fund II (PVP II) in Lynx Network Group (LNG) of Kalamazoo, Michigan. Lynx Network Group is a full service  telecommunications company specializing in advancing high-speed next generation infrastructure in tier 2 and tier 3 markets where traditional infrastructure is not […]

Xconomy: “Serial Entrepreneur Jeff Williams To Lead Life Magnetics” Thomas Lee 4/25/11 If it ain’t broke, don’t fix it. Arboretum Ventures in Ann Arbor, MI, is once again teaming up with serial CEO Jeff Williams to try to spin a University of Michigan-bred company into investor gold. This time Williams will lead Life Magnetics, a […]

Combined capital under management has grown 206 percent in just five years Ann Arbor, Mich. – April 12, 2011 – As the state of Michigan—and more generally, the Midwest—continues to transition from its rust belt roots of auto and manufacturing into an innovation economy driven by clean tech, life sciences, and entrepreneurship, the soon-to-be released […]

The membership of the MVCA took the chance to educate Michigan legislators about the importance of venture capital to Michigan’s revitalization at its  legislative networking event Wednesday, April 12 in Lansing.    Members extolled the virtues of the Small Business Investment Tax Credit and 21st Century Jobs Fund activities and asked how the MVCA and its […]

L.G. Almeda, mentioned in the release below and co-chair of the Brinks Innovation Competition at Midwest Clean Tech 2011, is looking for a Michigan based judge in the venture capital  arena to round out the judges panel. The judge need not attend the Chicago event.  The time required to be a judge is important but […]

Michigan venture capital-backed companies like Accuri Cytometers looking to emulate the exit of a local peer couldn’t choose much better than HandyLab, whose 2009 sale to global technology firm Becton, Dickinson and Company (NYSE: BDX) netted investors $275 million.  But then, Accuri Cytometers CEO, Jeff Williams, is more familiar than most with that deal—he was […]