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Category: MEMBER NEWS

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August 20 PORTFOLIO COMPANY NEWS: University of Michigan Spin-Out Sakti3 Delivers Double the Energy Density of Current Lithium Ion Battery Technology, Cells Produced in Ann Arbor Lab

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 […]


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August 14 MEMBER IN THE NEWS: LaSorda adds Birmingham start-up space and money from Dr. Z (Detroit Free Press)

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, […]


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July 17 MEMBER NEWS: Plymouth Ventures Announces Successful Final Close for Third Fund

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 […]


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July 02 Beringea invests in online optical retailer MyOptique as part of $59.5 million Series C Funding round

FARMINGTON HILLS, Mich. – Beringea, LLC , a private equity firm providing growth capital to market-leading businesses, has announced that its London office, Beringea LLP, has invested in MyOptique Group , Europe’s leading online optical retailer.  Beringea LLP joins new MyOptique investor Korys and existing investors Cipio Partners, Silicon Valley Bank, Acton Capital Partners, Highland […]


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May 16 Beringea invests $2 million in Peerius

  Funding will accelerate European expansion and support research and development FARMINGTON HILLS, Mich., May 15, 2014 – Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, has announced that its London office, Beringea, LLP, has made a $2 million investment in Peerius, the largest provider of personalization software in the UK […]


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May 15 Beringea Invests $4.2 Million In ResponseTap

Beringea, LLC, announced that Beringea LLP has made a $4.2 million investment in ResponseTap, a market leader in call tracking and analytics.


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April 24 ProNAi Therapeutics Raises $59.5M Series D Round for Phase II Clinical Trials

ProNAi Therapeutics Inc . has collected $59.5 million after clinical studies showed that its lead drug could help non-Hodgkin’s lymphoma patients who are running out of options.


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April 23 Growing Forward: MVCA Programs Expand Michigan’s Entrepreneurial Ecosystem

A hallmark of the Michigan Venture Capital Association has long been our ability to offer members access to top-tier talent through Venture Upstart, a suite of programs designed to grow and sustain a vibrant venture capital community in Michigan.


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April 23 Growing Forward: MVCA Programs Expand Michigan's Entrepreneurial Ecosystem

A hallmark of the Michigan Venture Capital Association has long been our ability to offer members access to top-tier talent through Venture Upstart, a suite of programs designed to grow and sustain a vibrant venture capital community in Michigan.


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April 01 NeuMoDx Announces Completion of Series B Financing

NeuMoDx Molecular, Inc. announced completion of its Series B financing, $21 million, which included investment from Baird Capital, Venture Investors, and existing investor Arboretum Ventures.


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