Category: Venture Firm News

On a winding path from teen entrepreneur to partner at Detroit’s largest venture capital firm (and winner of the 2016 MVCA “100” Award!), Fontinalis Partners’ Chris Stallman rarely strayed too far from his true calling: building and investing in valuable businesses.   After starting several tech companies as a high schooler in suburban Chicago, Stallman headed to […]

A global communications company looked to a Michigan venture-backed startup for a world-class solution to a 21st century problem, as Nokia announced plans to buy Ann Arbor-based Deepfield, a provider of real-time analytics for IP network performance management and security. The acquisition of Deepfield will extend Nokia’s leadership in real-time, analytics-driven network and service automation, […]

Newest subsidiary dedicates pre-seed and follow-on funding to MSU-based startups, technology commercialization Lansing, MI — The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and […]

Intel’s strategic investment and M&A group Intel Capital is new investor in company FARMINGTON HILLS, MICH. (October 26, 2016)— Beringea, Michigan VC firm and MVCA member, and Intel Capital co-led a $15.2 million funding round for portfolio company InContext Solutions, a global leader in virtual reality (VR) solutions for retailers and manufacturers.  The capital will help […]

Will Help Advance HistoSonics’ Non-Invasive Therapy Technology in Liver Tumors, Other High-Value Applications    Ann Arbor, MI – September 13, 2016 – HistoSonics, Inc. announced today that noted radiologist and tumor ablation expert Fred Lee, Jr., MD, has joined the company as Senior Medical Advisor and Board member to advance HistoSonics’ innovative tissue-destruction technology in liver […]

MVCA Fellow Kathryn Gardner’s transition from investment banking to venture capital has been a smooth one, thanks in part of the experiences she’s had working at Michigan’s largest healthcare venture investor, Arboretum Ventures.  In the two years since Gardner joined the firm, the firm has raised $220 million to invest into healthcare companies in Michigan […]

MVCA Venture Fellow Reda Jaber’s resume includes many impressive titles: medical doctor, MBA graduate, startup founder, investor, and children’s book author.  But he’s most surprised by another role he’s assumed, as Partner at IncWell:  cheerleader.  He says becoming emotionally vested in the companies he backs financially has been a happy by-product of finding great technologies […]

MVCA member, Fontinalis Partners, a venture capital firm with offices in Detroit and Boston, today announces the final closing of its $100 million second fund, Fontinalis Capital Partners II, L.P. (“FCP II”). This new fund, which brings Fontinalis Partners’ total committed capital to $165 million, will continue the firm’s focus of investing in the best and […]

The marketing platform drives proven and immediate ROI for consumer brands. Quikly, an industry-leading enterprise marketing platform, announced today that it closed $3 million in new funding led by MVCA member, Plymouth Ventures! Founded in 2012, Quikly has become a high-performing innovator in the retail digital marketing space, posting sales growth of 200% over the […]

As a newcomer to the venture industry, Dan Ratliff didn’t know what to expect when he joined Detroit-based Fontinalis Partners as an MVCA Venture Fellow two years ago.  But as he ends his Fellowship period and remains with the firm, he can more fully appreciate the unique collaborative nature of the Michigan venture community and envision his […]