MVCA closed its year with their signature event, the 2016 MVCA Annual Awards Dinner, celebrating the successes of the entrepreneurial and investment community in Michigan. Chief amongst those successes: more Michigan startups have received more venture backing than ever before. In 2015, there were 74 companies that received $282 million from Michigan venture capital firms, […]
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 […]
Investors and Entrepreneurs Moving Michigan Forward ANN ARBOR (October 12, 2016)—Michigan Venture Capital Association (MVCA) will host its 2016 Annual Awards Dinner, the largest gathering of venture investors and entrepreneurs in Michigan, on November 2 at the Rattlesnake Club in Detroit. Honorees include Millendo Therapeutics with the Capital Event of the Year Award, Fontinalis Partners with the […]
Emily Heintz joined MVCA three years ago with a mandate to help support Michigan’s vibrant entrepreneurial and venture capital community. A natural networker and people person, Emily expanded the educational and networking events the organization offers and grew the popular talent programs. And perhaps most significantly, Emily, a data guru at heart, transformed the MVCA […]
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 […]
House Tax Policy Committee Chairman, Jeff Farrington (R-30) wasted no time getting a hearing on two bills that make up an Angel Investment Program he introduced during the one day this summer that the House was in session. He quickly moved to have House Bills 5786 and 5787 placed in his committee to shepherd them […]
Established and emerging supply chain technologies in Ann Arbor collaborate to further field ANN ARBOR, Mich. (September 9, 2016) – LLamasoft, a global leader in supply chain optimization and software solutions is happy to welcome Local Orbit, the supply chain platform for the new food economy, into its new office space in the McKinley Towne […]
An investment made by several groups of early-stage Michigan investors could pay off in a big way following the recent news that Allergan acquired Ann Arbor-based RetroSense Therapeutics LLC, a Michigan angel-backed gene therapy company, for $60 million plus additional funding if the company reaches future milestones. Terry Cross, MVCA member, and director of RetroSense […]
DUBLIN and ANN ARBOR, Mich., Sept. 6, 2016,– Allergan plc (NYSE: AGN), a leading global pharmaceutical company, and RetroSense Therapeutics LLC, a Michigan Angel-backed, clinical-stage biotechnology company focused on novel gene therapy approaches to restore vision in patients suffering from blindness, today announced that Allergan has acquired substantially all of the assets of RetroSense in an all-cash transaction. Under the terms of the transaction, Allergan has […]
MVCA tools are most current and complete resources available. ANN ARBOR, Michigan (August 31, 2016)—The Michigan Venture Capital Association (MVCA) is launching its 2016 Michigan Entrepreneurial & Investment Landscape Guide. The guide is the state’s most comprehensive tool for navigating the Michigan entrepreneurial and investment community. Useful to both in-state and out-of-state investors who are active […]