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January 05 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 […]


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April 06 Michigan Venture Capital Association Research Report Shows Trend of VC Growth, Demand

FOR IMMEDIATE RELEASE — APRIL 6, 2015 – ANN ARBOR, MICH. — Venture capital and angel investment in Michigan continues to contribute to the state’s economic recovery, according to the Michigan Venture Capital Association’s (MVCA) 2015 research report. The in-depth analysis of venture capital activity in the state indicates a steady and consistent trend of success […]


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March 19 Meet the MVCA Staff: Jennifer Romberg

The MVCA staff is expanding!  Please help us welcome Jennifer Romberg, the new Communication and Events Manager for the Michigan Venture Capital Association.  Jennifer, a resident of Ferndale, is a graduate of the University of Michigan Ford School of Public Policy and comes to the MVCA with experience managing political campaigns.  In her new role at MVCA, she will […]


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March 03 MEMBER NEWS: Renaissance Venture Capital Fund adds investors, closes second fund-of-funds

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 […]


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February 17 New MVCA Board Member Ryan Waddington bring Michigan into focus for national VC community

As the Michigan representative of a national venture firm, Arsenal Ventures Partner, Ryan Waddington, regularly finds and touts great Michigan companies to the rest of his nationwide team.  “I help promising Michigan-based companies find capital, both inside and outside of the state.  Nothing spreads the Michigan message better than great Michigan companies that can attract capital from the traditional […]


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February 09 MEMBER NEWS: Start Garden Expands Venture Capital Fund, Accepting Applications to the Start Garden Space

FOR IMMEDIATE RELEASE:   START GARDEN EXPANDS VENTURE CAPITAL FUND,  ACCEPTING APPLICATIONS TO THE START GARDEN SPACE GRAND RAPIDS, Mich., February 9, 2015—In fewer than three years, Start Garden, the unconventional, early-stage, venture capital fund, has transformed Michigan’s startup ecosystem. Today the organization announced it has increased the amount of its cumulative investment limit from $500,000 […]


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January 30 MVCA Co-Hosts Michigan Investment Landscape Meeting

Amid the quickly transforming skyline of downtown Detroit, DTE Energy, Kresge Foundation, Michigan Venture Capital Association, NEPC, University of Michigan and Renaissance Venture Capital Fund of Funds welcomed Michigan institutional investors and general partners across the capital continuum for the Michigan Investment Landscape Meeting.  The meeting highlighted the dense network of Michigan organizations that work […]


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Sara Kruse, Jaffe
January 26 Meet New MVCA Board Member Sara Kruse

 Jaffe Raitt Heuer & Weiss partner Sara Kruse has been a member of many professional organizations during her career as a Corporate and Emerging and Growth Business attorney.  But when she first started coming to Michigan Venture Capital Association events, she noticed that something was different.  “At MVCA, I was able to see people consistently, […]


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December 18 Techstars Mobility managing director Ted Serbinski talks about the new program’s place in the Detroit startup ecosystem

Last week, nationally-recognized and proven accelerator model Techstars announced it would begin a three-year program in the growing entrepreneurial district of Detroit.  Officially dubbed Techstars Mobility, driven by Detroit, the program will kick off June 9, 2015 with 10 next-genertation automotive, transportation, and mobility startups and conclude with a Demo Day on September 10, where each team will present to investors, […]


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December 18 Techstars Mobility managing director Ted Serbinski talks about the new program's place in the Detroit startup ecosystem

Last week, nationally-recognized and proven accelerator model Techstars announced it would begin a three-year program in the growing entrepreneurial district of Detroit.  Officially dubbed Techstars Mobility, driven by Detroit, the program will kick off June 9, 2015 with 10 next-genertation automotive, transportation, and mobility startups and conclude with a Demo Day on September 10, where each team will present to investors, […]


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