Category: MEMBER NEWS

For Detroit-based venture firm Fontinalis Partners, next generation mobility (i.e., “the efficient movement of goods, people, and services across all modes of transportation”) isn’t just an investment sector focus, it’s a way of life. So when the team chose a headquarters location for their firm in 2009, an investment thesis centered on innovating mobility led […]

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 […]

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 […]

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 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, […]

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 […]

Gemphire Therapeutics Inc., a clinical-stage biopharmaceutical company focused on developing and commercializing therapies for the treatment of dyslipidemia, a serious medical condition that increases the risk of life threatening cardiovascular disease, and NAFLD/NASH (nonalcoholic fatty liver disease) today announced the pricing of its initial public offering. The shares are expected to begin trading on the […]

One of the largest business plan competitions in the nation sets the stage for up to $1 million in prizes on November 3 at Cobo Convention Center The Accelerate Michigan Planning Committee is excited to announce the 7th Annual Accelerate Michigan Innovation Competition will take place on Thursday, November 3, 2016 (the day after the 2016 MVCA Annual […]

MVCA Venture Fellow Reda Jaber’s resume includes many impressive titles: medical doctor, MBA graduate, startup founder, investor, and children’s book author.  But he’s most surprised by another role he’s assumed, as Partner at IncWell:  cheerleader.  He says becoming emotionally vested in the companies he backs financially has been a happy by-product of finding great technologies […]

ANN ARBOR (July 18, 2016)—Michigan Venture Capital Association (MVCA) will host its 2016 Annual Awards Dinner (register here), the largest gathering of angel investors, venture investors and entrepreneurs in Michigan, in Detroit on November 2 at the Rattlesnake Club.  The event is timed to coordinate with Invest Detroit’s Accelerate Michigan Innovation Competition (AMIC), Michigan’s premier […]