MVCA member and Arboretum Ventures managing partner and cofounder Jan Garfinkle has experience leading a venture community, as Chairperson of the MVCA Board in 2008-2009. But she’ll have a new, larger constituency to represent now that she’s been elected to the National Venture Capital Association’s 2015-2016 Board of Directors. Her appointment is another indication that […]
HRV is pleased to announce a $5 million Opportunity Fund. It will co-invest alongside of HRV I in the later stage growth rounds of our portfolio companies. The fund is similar to other Opportunity Funds by leading venture capitalists including Mark Suster, Fred Wilson, and Brad Feld. Opportunity Funds are the industry’s response to companies […]
From Tom Henderson, at Crain’s Detroit Business: The Ann Arbor-based Renaissance Venture Capital Fund has received almost $14 million in commitments from three new corporate and institutional investors and has closed its second fund at $79 million. The new investors are Benton Harbor-based Whirlpool Corp., the East Lansing-based MSU Foundation and Livonia-based Roush Industries Inc., according to fund manager and CEO Chris […]
Fontinalis Partners Transports Techstars Mobility to Detroit Accelerator Will Help Launch the Next Generation of Mobility Technologies DETROIT, MI – December 11, 2014. Fontinalis Partners (www.fontinalis.com), a venture capital firm strategically focused on Next-Generation Mobility, today announced its participation in Techstars’ newest accelerator program: Techstars Mobility, driven by Detroit. Fontinalis, in collaboration with other firms […]
DETROIT, MI & BOSTON, MA – December 2, 2014. Fontinalis Partners (www.fontinalis.com), a venture capital firm strategically focused on next-generation mobility, today announces the formation of a new Special Venture Partner (SVP) program and the appointment of five inaugural members: Mark Schulz, Luis Blaquier, Mei-Wei Cheng, Gabe Klein, and Paul Mascarenas. The Fontinalis SVP program […]
Baird Capital has completed fundraising for its fourth Venture Capital fund (BVP IV). The fund was significantly oversubscribed and closed at $185 million, exceeding its initial target of $150 million and the size of its previous fund. The fund was anchored by support from numerous institutions, foundations and family offices. Baird Capital’s Venture team is […]
by Beth Milligan, Traverse City Ticker “Instead of Traverse City being the Cherry Capital of the world, we want the city to be the Tensioning Capital of the World.” Chuckles follow the joke by financial advisor and presenter Gary Rakan of Hurricane Safety Systems, a Traverse City-based technology firm that produces treestand attachment systems and […]
The IncWell Co-Working Space houses 30 desks with a private phone/meeting room for every six desks (so if a company wanted to rent six desks, they would essentially have a private company phone room). Included with each desk is secured storage for their belongings. Additionally, the companies will have access to two conference rooms, a […]
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’ […]
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 […]