Category: MEMBER NEWS

Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, has announced its fund has led an investment in UICO, an innovator and manufacturer of highly durable touchscreen technology.

Plymouth Ventures announced the launch of Plymouth Venture Partners III (PVP III), a fund size targeted to be $60 million, investing in businesses in the Great Lakes region.

Delphinus Medical Technologies, Inc. has received 510(k) clearance from the U.S. Food and Drug Administration for the SoftVue™ whole breast ultrasound tomography system, approved for diagnostic breast imaging.

Plymouth Ventures made follow-on investments in four of its portfolio companies out of Plymouth Venture Partners Fund II in response to significant growth opportunities.

Global investment firm Baird Capital announced it was opening a Michigan office, in Ann Arbor. It’s being headed up by David Gregorka, whose entrepreneurial roots grow deep in the state.

ForeSee Results, Inc., the leader in customer experience analytics was acquired by Answers Corporation for more than $200 million.

Chairman Bill Ford invested in QuickPay through MVCA member Fontinalis Partners.

Jim Adox and Venture Investors are charging full steam ahead in a challenging economy, and in doing so, are pushing the boundaries of what’s possible in Michigan.

Beringea , LLC, a private equity firm providing growth capital to market-leading businesses, has announced Beringea LLP of London, UK, has sold its portfolio company Espresso Group Limited to Discovery Communications Inc.

“Venture capitalists in Michigan continue to grow in an environment where, in other parts of the country, the industry is contracting,” said a Managing Director of Arboretum Ventures and the outgoing chair of the Michigan Venture Capital Association.