Ann Arbor-based Arboretum Ventures leads $60M financing round for Allay Therapeutics

Allay Therapeutics Completes Oversubscribed $60M Financing to Advance Ultra-Sustained Pain Platform Financing led by Arboretum Ventures. Managing Partner Nicole J. Walker to join Allay Therapeutics Board of Directors ATX-101 to advance to Phase 2b development in total knee replacement surgeries in 2021 Financing will also support broader development of ATX platform for ultra-sustained pain relief … read more

Bank of Ann Arbor Expands footprint in Birmingham, MI

Ann Arbor, Michigan – September 7, 2021 – Bank of Ann Arbor (“Arbor”), and Nicolet National Bank (“Nicolet”), today announced that Arbor has entered into an agreement to buy the Birmingham, Michigan Branch of Nicolet located at 260 East Brown Street, Birmingham, Michigan. This was a branch of the former mBank, recently acquired by Nicolet…. read more

Fontinalis Partners Announces Closing of $104 Million Fund III to Invest in the Next Wave of Mobility Innovation

DETROIT, MI and BOSTON, MA – August 19, 2021 – Fontinalis Partners (, a mobility focused venture firm with offices in Detroit and Boston, today announces the closing of its $104 million third fund, Fontinalis III. Fontinalis Partners was founded in 2009 by an experienced team of operators and investors with a thesis that continued… read more

Arboretum Ventures Promotes Dan Kidle to Managing Partner

ANN ARBOR, MI (August 11, 2021) – Arboretum Ventures, a leading healthcare venture capital firm based in Ann Arbor, Michigan, today announced that Dan Kidle has been promoted to Managing Partner. Dan joined Arboretum in 2011 as an Analyst, and after successive promotions, was made Partner in 2020. Before joining Arboretum, he held a corporate… read more

Renaissance Venture Capital Closes $77.5M Fourth Fund

ANN ARBOR, MICH.  July 20, 2021–Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital.  Since it opened in 2008, Renaissance has raised over $280 million, making it the largest “fund of funds” of its kind in the United States.  Renaissance has become a role model for similar funds that have… read more

Michigan Capital Network is looking for an Executive Vice President

The Position The Executive Vice President reports to the CEO of the Michigan Capital Network Association (MCN) and, in partnership with the Board, is responsible for the success of the MCN Angel Network through growing, educating, and diversifying a state-wide network of early-stage investors. The Angel Network includes Grand Angels, Woodward Angels, Flint Angels and… read more

MVCA Board Member Profile: Paul McCreadie, Arboretum Ventures

Welcome Paul McCreadie, Arboretum Ventures to the 2021 MVCA Board of Directors. We caught up with Paul recently and captured his thoughts about the venture capital community! Paul McCreadie is Partner & Chief Operating Officer and oversees Arboretum’s investment process and leads the firm’s operations. His portfolio investments focus on capital-efficient health IT and service… read more

Two Award-Winning CIOs Share Their Plans And Strategies On Reopening At GDI Infotech’s Webinar Series “Thriving In A Post Pandemic World”

Two award-winning CIOs share their plans and strategies on Reopening at GDI Infotech’s Webinar Series “Thriving in a Post Pandemic World” ANN ARBOR, MI, (September 8, 2020) – GDI Infotech (GDI), a leading provider of Talent Matchmaking Solutions and Services is hosting “Thriving In A Post Pandemic World” a new webinar series that’s designed to… read more

Kerr Russell Attorneys Recognized by Best Lawyers in America© 2021 and Best Lawyers: Ones to Watch

Detroit, MI (August 20, 2020) – Sixteen Kerr Russell members were recently selected by their peers for inclusion in The Best Lawyers in America® 2021. Notably, eleven of the named attorneys have been listed in The Best Lawyers in America for more than five years. Kerr Russell also had three attorneys recognized as 2021 Best… read more

City of Novi Produces “Now You Novi” Podcast series

Submitted by Victor Cardenas, Assistant City Manager, City of Novi. The City of Novi is a new 2020 MVCA member – welcome! We are going to do our very best to give “The Joe Rogan Experience” a run for its money with the City of Novi’s new podcast “Now You Novi.” Co-hosts City of Novi’s… read more