Category: newsfeature

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.

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.

We’re proud to introduce our new board chair, Tim Petersen. Tim, who is the managing director at Arboretum Ventures, is responsible for Arboretum’s financial and fund management activities and is a member of its Investment Committee. He has been a venture capital investor for the past 14 years.

Farmington Hills-based Beringea invested $3.2 million in portfolio company Relume Technologies, which has closed its $7.0 million Series D financing round.

ANN ARBOR, MICH.—Two MVCA member firms were recently awarded a loan from the organization’s Executive in Residence (EIR)/CEO Placement Program, marking the first distributions from the program’s new Venture Upstart II allocation from the MEDC.  Plymouth Ventures and RPM Ventures will welcome executives Kevin Terrasi and Kurt Skifstad respectively into their firms for a period […]

More than 145 members of Michigan’s venture capital community gathered to celebrate a year of individual, company, and statewide industry achievement at the MVCA Annual Dinner November 7 at the Inn at St. John’s in Plymouth. Outgoing MVCA Chairman Ron Reed welcomed the group and praised the venture community for meeting each of the MVCA’s […]