Category: MEMBER NEWS

Ann Arbor, MI (June 28, 2023) – Arboretum Ventures, a healthcare venture capital firm based in Ann Arbor, Michigan, announced the closing of its $268 million sixth fund, exceeding the target fund size. Investors include major health systems, payors, pension funds, endowments, and family offices. This closing marks a major milestone for the firm, now […]

Michigan receives first round of State Small Business Credit Initiative funding to support small businesses, high-tech startups throughout the state Kathleen Achtenberg Thursday, August 18, 2022 LANSING, Mich. – Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) today to announce that Michigan is deploying the first round of State Small Business Credit Initiative […]

2022 MVCA Research Report Reinforces Michigan is not a flyover state for venture capital activity  Record-breaking funding of start-ups in 2021 cements Michigan’s role as the nation’s Middle Coast of venture capital.  NOVI, Mich. – July 28, 2022 – Michigan Venture Capital Association (MVCA), the nonprofit trade association that advocates for more capital and talent for […]

NextCycle Michigan Showcase & Pitch Competition  March 3, 2022 11:00 AM – 5:00 PM EST Palmer House, Ann Arbor, Michigan The first ever NextCycle Michigan Pitch Event is planned to be held in-person on March 3rd in Ann Arbor, Michigan. NextCycle Teams will be presenting their innovative ideas focused on technology and organics to advance […]

Renaissance Venture Capital DEI UnDemo Day® will bring together some of the region’s top early-stage companies and technologies for a virtual event with venture capital investors from around the country. This is the first UnDemo Day® designed exclusively to attract national venture capital to diverse founders. The virtual event will highlight companies from the Midwest […]

Venture Investors Health Fund, a leading early-stage health care investment firm, announced that Shelly Lanning has joined the investment team as a Venture Partner. See her bio here: Shelly Lanning – Venture Investors Shelly brings over 25 years of investing and operating experience, primarily within the healthcare, medical devices, and health & wellness industries.  She […]

MiSpringboard is Varnum’s statewide initiative designed to remove some of the barriers associated with starting a business by providing free legal services to Michigan startups. Varnum launched the MiSpringboard program in 2011 as a way of helping Michigan’s then-struggling economy with a commitment of $1 million in free legal services. MiSpringboard was our way of […]

St. Louis, Oct. 12, 2021 (GLOBE NEWSWIRE) — Deck Commerce, the St. Louis-based software company announced today that it closed $7.8MM in Series A funding led by Plymouth Growth, a growth equity firm based in Ann Arbor, MI. This new partnership will allow Deck Commerce to enhance its product offering to feature even more robust direct-to-consumer capabilities for leading brands. The company intends to use the funds to expand its strategic alliances, amplify sales and marketing […]

Nathan Owen is now a Partner at Grand Ventures. He has collaborated closely as a trusted advisor with the fund for several years, and we are thrilled to welcome him onboard as full-time team member! He will focus on deals in the DevOps, cybersecurity, and open source software industries. Nathan brings 20 years of operational […]

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  […]