Thomas Lee 7/25/11 http://www.xconomy.com/detroit/2011/07/25/my-farewell-present-six-observations-about-michigans-innovation-economy/
Thomas Lee 7/19/11 http://www.xconomy.com/detroit/2011/07/19/facing-an-early-death-michigans-angel-credit-program-finds-few-takers-so-far/
Xconomy: “Serial Entrepreneur Jeff Williams To Lead Life Magnetics” Thomas Lee 4/25/11 If it ain’t broke, don’t fix it. Arboretum Ventures in Ann Arbor, MI, is once again teaming up with serial CEO Jeff Williams to try to spin a University of Michigan-bred company into investor gold. This time Williams will lead Life Magnetics, a […]
Michigan venture capital-backed companies like Accuri Cytometers looking to emulate the exit of a local peer couldn’t choose much better than HandyLab, whose 2009 sale to global technology firm Becton, Dickinson and Company (NYSE: BDX) netted investors $275 million. But then, Accuri Cytometers CEO, Jeff Williams, is more familiar than most with that deal—he was […]
Franklin Lakes, NJ (February 7, 2011) – BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced today that it signed a definitive agreement to acquire Accuri Cytometers, Inc., an Ann Arbor, Michigan-based company that develops and manufactures personal flow cytometers for researchers. The acquisition is subject to regulatory approvals and […]
Attorneys Carrie Leahy (Bodman), Audrey DiMarzo (Honigman), and Brad Wyatt (Dickinson Wright) briefed MVCA members January 24 about what’s now required of venture firms under the terms of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R. 4173). The Act, passed into law in 2010, may require many venture capital firms to […]
InfoReady Completes $1.1 Million in Seed Funding Company’s Social Media Technology Addressing $650 Billion Information Overload Problem Ann Arbor, MI – Startup software company InfoReady Corp. has raised $250,000 in seed capital from Automation Alley, closing out $1.1 million in first-round funding. InfoReady’s core technology helps knowledge workers find relevant information quickly with advanced search […]
Ann Arbor, Mich. – The Venture Michigan Fund II, Limited Partnership (“VMF II”) announced today that it has launched a new fund to invest in high quality venture capital funds committed to investing in Michigan based high technology companies. VMF II has capital totaling $120 million to invest in venture capital funds targeting seed and […]
In December 2010, the Governor signed into law HB5921, the Small Business Investment (Angel) Tax Credit bill. This bill will provide a 25% tax credit to qualified investors who invest in qualified seed and early stage businesses in Michigan. On Friday, December 17th, from 3:30-5:30pm, the Michigan Economic Development Corporation will conduct a public forum […]