Category: News

  Kalamazoo, MI and Effingham, IL ‒ Open Prairie Ventures (OPV), an Illinois-based venture fund, announced today that it has entered into a management agreement with the Southwest Michigan First Life Science Fund (SWMFLSF).   The funds have collaborated for over five years on a number of investments, including Vestaron, a Kalamazoo-based agricultural company developing […]

The Wolverine Venture Fund recently joined Arboretum Ventures in a $25 million Series A investment in Sonitus Medical.

The Michigan Venture Capital Association (MVCA) recently released its annual research report, which details investment activity across the state. The report also highlights venture capital activity in Michigan compared to other regions and the U.S.

Member Renaissance Venture Capital Fund had its first close on its second fund.

Member Renaissance Venture Capital Fund had its first close on its second fund.

Member Resonant Ventures was part of a recent Wall Street Journal story with portfolio company Duo Security with Google Ventures.

Through its two annual Business Plan Competitions, GLEQ offers Michigan’s new ventures entrepreneurial education, one-to-one coaching, connections to resources, and exposure to investors. The Spring GLEQ Business Plan Competition features cash prizes up to $25,000 and the $100,000 SmartZone Award!

Through its two annual Business Plan Competitions, GLEQ offers Michigan’s new ventures entrepreneurial education, one-to-one coaching, connections to resources, and exposure to investors. The Spring GLEQ Business Plan Competition features cash prizes up to $25,000 and the $100,000 SmartZone Award!

Ann Arbor-based Molecular Imaging, Inc. closed its Series A financing round at $9.9 million. The company has secured a $2.5 million investment from Beringea through the $185 million InvestMichigan! Growth Capital Fund plus another $350,000 from existing shareholders Baird Venture Partners (BVP) and Invest Detroit.

MVCA Board Member Jon Lauckner has been named by General Motors vice president and chief technology officer (CTO), effective April 1. In addition to his current position as president of GM Ventures, Lauckner will be responsible for GM’s Research and Development activity.