Category: MEMBER NEWS

Plymouth Ventures wrapped up the successful final close for their new fund PVP III in June and is pleased to announce two additional appointments to the fund’s Advisory Committee: Jody Vanderwel Since 2005, Jody has been President of the Grand Angels, the leading and most experienced angel investing group in Michigan. Jody oversees Grand Angels’ […]

Detroit-based Fontinalis Partners invested in Telogis, which provides fleet management software for enterprises.  Telogis is working closely with many companies in Detroit, such as Ford and GM (for example, they’re powering Ford Crew Chief to help small Ford fleet owners manage their assets).  More information on the investment can be found at http://www.marketwatch.com/story/telogis-announces-strategic-investment-from-fontinalis-partners-2014-09-10.  The investment […]

FARMINGTON HILLS, Mich. –Piton Capital, the specialist marketplace investor, and Beringea, a private equity firm providing growth capital to market-leading businesses, have invested $10 million into Watchfinder, the UK’s leading pre-owned watch resale marketplace. The investment, which was funded by Piton and Beringea’s London office, Beringea LLP, will be used to broaden the company’s inventory […]

moovel GmbH, a subsidiary of German car giant Daimler, has acquired Huron River Ventures portfolio company RideScout, which offers a mobile app for transportation choices in cities. The move is part of Daimler’s continued push beyond car manufacturing and into developing technology for urban mobility, as a next generation of city-dwellers is increasingly giving up on car […]

Plymouth Ventures today announced that it has made its second investment out of Plymouth Venture Partners III, which had its final closing at the end of June.  The investment was made into the Chicago-based 3D virtual simulation technology company InContext Solutions as part of a $12+ million Series D round.  www.incontextsolutions.com  The round was led […]

BERINGEA LEADS INCONTEXT SOLUTIONS’ $12 MILLION SERIES D ROUND Investment to Support Company’s Rapid Growth, Expansion and R&D FARMINGTON HILLS, Mich.—Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, today announced its Fund has made a $5 million investment in InContext Solutions, Inc., a Web-based company providing three dimensional (“3D”) virtual store […]

BERINGEA LEADS INCONTEXT SOLUTIONS’ $12 MILLION SERIES D ROUND Investment to Support Company’s Rapid Growth, Expansion and R&D FARMINGTON HILLS, Mich.—Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, today announced its Fund has made a $5 million investment in InContext Solutions, Inc., a Web-based company providing three dimensional (“3D”) virtual store […]

ANN ARBOR, Mich., August 20, 2014 – Sakti3, Inc. (www.sakti3.com) announced that it has produced a battery cell on fully scalable equipment with over 1100 Watt hours per liter (Wh/l) in volumetric energy density.  This translates to more than double the usage time in a wearable device like a smartwatch, from 3.5 h to more than 9 h. It also translates to […]

Detroit Free Press: LaSorda adds Birmingham start-up space and money from Dr. Z A few years ago, Tom LaSorda was a top executive steering Chrysler and its tens of thousands of employees on a harrowing survival journey, as control of the automaker lurched from Daimler to Cerberus then to the U.S. government and Fiat. Now, […]

ANN ARBOR, Mi., July 16, 2014 – Plymouth Ventures announced today the final close for Plymouth Venture Partners III (PVP III). Surpassing its fundraising target of $60 million, PVP III will continue to execute on the same strategy and focus as PVP II. The fund will invest in growth stage businesses located in the Great […]