Member News

Deck Commerce Announces $7.8MM in Series A Funding from Plymouth Growth

St. Louis, Oct. 12, 2021 (GLOBE NEWSWIRE) — Deck Commerce, the St. Louis-based software company announced today that it closed $7.8MM in Series A funding led by Plymouth Growth, a growth equity firm based in Ann Arbor, MI. This new partnership will allow Deck Commerce to enhance its product offering to feature even more robust direct-to-consumer capabilities for leading brands. The company intends to use the funds to expand its strategic alliances, amplify sales and marketing… read more

Michigan’s Venture Capital Ecosystem is Thriving

Michigan’s Venture Capital Ecosystem is Thriving by Fredrick Molnar, Vice President of Entrepreneurship and Innovation at Michigan Economic Development Corporation Now more than ever, our recovering economy needs entrepreneurs. And now more than ever, those entrepreneurs need supportive ecosystems to thrive. Robust entrepreneurial ecosystems were once considered to be the exclusive domain of the Coasts,… read more

Fishman Stewart Managing Partner Michael Stewart Receives Vistage Michigan’s 2021 Soaring Eagle Award

Fishman Stewart Managing Partner Michael Stewart Receives Vistage Michigan’s 2021 Soaring Eagle Award  Media Contact: Barbara Fornasiero, EAFocus Communications; [email protected]; 248.260.8466  Troy, Mich. —October 4, 2021—Fishman Stewart, PLLC, an intellectual property specialty law firm, is pleased to announce that Michael Stewart, co-founding member and managing partner, has received the 2021 Soaring Eagle award from Vistage… read more

Michigan Venture Capital Association Celebrates State’s Entrepreneurial and Investment Successes at 2021 Annual Awards Dinner

Michigan Venture Capital Association Celebrates State’s Entrepreneurial and Investment Successes at 2021 Annual Awards Dinner The Awardees of the 2021 MVCA Annual Awards Dinner are Orbion Space Technology, LLamasoft, Facility Health and The Renaissance UnDemo Day September 30, 2021 – Michigan Venture Capital Association (MVCA), the trade association for the venture capital and angel community… read more

Governor Whitmer’s MI New Economy Plan Invests in Small Businesses / Goal: Top ten state for growth in venture capital funding over the next five years (2022-2026)

At the Mackinac Policy Conference this week, Governor Gretchen Whitmer detailed her economic agenda, including unveiling the three pillars of her $2.1 billion MI New Economy plan to support Michigan’s small businesses, grow the middle class, and invest in communities. This plan utilizes the historic influx of federal resources to make critical, long-term investments in… read more

Nathan Owen joins Grand Ventures as a Partner

Nathan Owen is now a Partner at Grand Ventures. He has collaborated closely as a trusted advisor with the fund for several years, and we are thrilled to welcome him onboard as full-time team member! He will focus on deals in the DevOps, cybersecurity, and open source software industries. Nathan brings 20 years of operational… read more

Ann Arbor-based Arboretum Ventures leads $60M financing round for Allay Therapeutics

Allay Therapeutics Completes Oversubscribed $60M Financing to Advance Ultra-Sustained Pain Platform Financing led by Arboretum Ventures. Managing Partner Nicole J. Walker to join Allay Therapeutics Board of Directors ATX-101 to advance to Phase 2b development in total knee replacement surgeries in 2021 Financing will also support broader development of ATX platform for ultra-sustained pain relief … read more

Bank of Ann Arbor Expands footprint in Birmingham, MI

Ann Arbor, Michigan – September 7, 2021 – Bank of Ann Arbor (“Arbor”), and Nicolet National Bank (“Nicolet”), today announced that Arbor has entered into an agreement to buy the Birmingham, Michigan Branch of Nicolet located at 260 East Brown Street, Birmingham, Michigan. This was a branch of the former mBank, recently acquired by Nicolet…. read more

Michigan Lt. Governor Garlin Gilchrist II, Keynotes Michigan Venture Capital Association’s 2021 Annual Awards Dinner

Michigan Lt. Governor Garlin Gilchrist II, Keynotes Michigan Venture Capital Association’s 2021 Annual Awards Dinner Event Celebrates the Successes of Michigan’s Entrepreneurial and Investment Community September 2, 2021 (Novi, MI) — Michigan Venture Capital Association (MVCA), the trade association for the venture capital and angel community in Michigan, will feature Michigan Lieutenant Governor Garlin Gilchrist… read more

Fontinalis Partners Announces Closing of $104 Million Fund III to Invest in the Next Wave of Mobility Innovation

DETROIT, MI and BOSTON, MA – August 19, 2021 – Fontinalis Partners (www.fontinalis.com), a mobility focused venture firm with offices in Detroit and Boston, today announces the closing of its $104 million third fund, Fontinalis III. Fontinalis Partners was founded in 2009 by an experienced team of operators and investors with a thesis that continued… read more