MGCS Open Call for Company Applications

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… read more

Member News: Millendo Licenses Phase 2 from AstraZeneca and Secures Series B Financing of $62 Million

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… read more

ICYMI: 2015 MVCA Annual Awards Dinner

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… read more

Congratulations to Tom Porter! Lifetime Achievement Award

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… read more

Congratulations Mina Sooch! The Entrepreneur of the Year Award

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… read more

Congratulations to Duo Security! The 100 Award

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. … read more

SkySpecs’ Drones Takes Off with $3.0 Series A Funding from Strong Great Lakes Region Syndicate

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… read more

New VP of Product Lucian Taylor predicts big things for Varsity News Network

Lucian Taylor, new VP of Product at Grand Rapids’ Varsity News Network (VNN), admits his long-time passion for fiction writing seems unlikely for a high-tech software guy. But he insists it’s a skill that actually lends itself well to his day job. Indeed, telling the story of VNN’s chief offering—a nation-leading digital communication platform for high… read more

Akadeum Life Sciences Closes $1M in Venture Funding

Ann Arbor, Michigan – October 09, 2015 From blood to food to medicine, cells are all around us. However, the current methods of separating those cells from their surroundings for research, diagnostics, and cell therapy–also known as cell sorting–can be time-consuming, costly, and damaging to the cells. To address this, Ann Arbor-based startup Akadeum Life Sciences… read more

Michigan-based LLamasoft Raises $50 Million in Venture Funding

Supply chain technology company continues to push innovation in the marketplace ANN ARBOR, Mich. (September29, 2015). LLamasoft, a supply chain software innovator, announced that it has closed a $50 million Series B financing round with affiliates of Goldman, Sachs & Co.  The minority investment will be used to fund numerous technology development and growth initiatives. … read more