Category: MEMBER NEWS

View the NEW 2016 MVCA Research Report Here! FOR IMMEDIATE RELEASE APRIL 11, 2016 – ANN ARBOR, MICH. — Venture capital firms and angel investors in Michigan have firmly established their role in jump-starting and sustaining Michigan’s economic recovery and they continue to build on the momentum needed to create more companies and new jobs in […]

By Seun Oyewole, Analyst, Invest Detroit The Michigan entrepreneurial and investment climate has certainly found its beat over the last few years with $328.4M invested into 54 deals in 2015. Despite such investment growth, Michigan tech companies face a huge hurdle: finding strong tech talent to grow their companies. Hacker Fellows, an Invest Detroit program, offers […]

Mark Your Calendars! ANN ARBOR, Mich., Feb. 11, 2016 /PRNewswire-USNewswire/ — Organizers of the Michigan Growth Capital Symposium (MGCS) are inviting early to mid-stage companies to present their pitches before an audience of potential investors at its 35th annual event. The symposium will take place on May 17 & 18 at the Marriott Resort in […]

ANN ARBOR, Mich., Jan. 5, 2016 – Millendo Therapeutics, Inc., today announced that it has entered into an exclusive license agreement with AstraZeneca for the worldwide development and commercialization rights to AZD4901, a product candidate for the treatment of polycystic ovary syndrome (PCOS), the most common endocrine disease in women. The Company will develop the […]

With record attendance, the 2015 MVCA Annual Awards Dinner focused on the tremendous growth of the entrepreneurial and investment community in Michigan and the broader Great Lakes Region. Our Executive Director Maureen Miller Brosnan welcomed our members and guests to an evening of celebration and reflection, and took a moment to recognize some special guests in […]

As a pioneer in Michigan venture capital investing, Tom Porter has dedicated his thirty-year career to building the state’s entrepreneurial ecosystem and guiding students and young professionals interested in joining the industry. His lasting impact on the Michigan venture community and his fundamental role in its creation and development will be recognized at the 2015 […]

Serial entrepreneurs are the lifeblood of a vibrant, growing venture capital community, and the Great Lakes Region is home to many successful founders who can translate their past experience into growing new companies in this area.  Over the past decade, one Michigan entrepreneur and venture capitalist has proven she has the determination to nurture multiple […]

Ann Arbor-based Duo Security had a big year in 2015.  The advanced security solutions provider well surpassed 100 employees, earning it the MVCA 100 Award at the 2015 MVCA Annual Awards Dinner.  To support that growth, the company raised a $30 million Series C round, bringing total venture funding in the company to $48 million.  […]

Great Lakes Region venture firms are attracting the attention of a broad national investor base with ever-increasing fund sizes, but one Michigan firm’s 2015 fundraise has broken state records, and within the Great Lakes Region it’s one of the top five largest funds raised. In celebration of this milestone, Ann Arbor-based healthcare venture investor Arboretum […]

ANN ARBOR, Mich. – Nov. 9, 2015 – SkySpecs, Inc., an industry leader in drone collision avoidance and provider of an automated drone infrastructure inspection platform, announced today that it raised $3.0 million in a Series A round led by Venture Investors. The Series A round also included new investment from Huron River Ventures, Amherst […]