Our perspective.

Renaissance Venture Capital Fund, Michigan’s innovative venture capital fund-of-funds, announced the fund’s economic and social impact on the state of Michigan. Highlighting these metrics is the fund’s successful attraction of more than $1.3 billion into Michigan’s startup ecosystem. Since Renaissance launched in 2008, it has invested in 30 venture capital funds around the United States, […]

2018 Silver Service Provider Member Plante Moran shares six ways organizations can drive more flexible operations to stay competitive and profitable. Summary of the article by Dave Plomin for the Plante Moran blog.   Tried-and-true business models are facing obsolescence, and organizations are being pressured to make often significant changes to stay competitive and profitable. Why? […]

By Patti Glaza, Managing Director & SVP of Invest Detroit Ventures An ongoing discussion in Michigan’s entrepreneurial and investment community is the increasing need for capital to fund entrepreneurs. As noted in the 2017 MVCA Research Report, an estimated $504 million of additional venture capital will be required to adequately fund the growth of Michigan’s 141 startup […]

Exciting news! Arboretum Ventures’ portfolio company, NxThera, was acquired by Boston Scientific in a $400 million deal for its treatment of benign prostatic hyperplasia (BPH). According to the 2017 MVCA Research Report, while Michigan venture funds are investing in a variety of sectors, the life science sector continues to be a focus of capital deployment with 42 percent […]

2018 Silver Service Provider Member, Plante Moran, shares three key steps to unlocking the value of your business. Summary of the article by Eric Wozniak and John Samulak for the Plante Moran blog. For most business owners, the sale of their company will be the single largest liquidity event that they will experience. The thought […]

Nic Wetzler has been a long-standing member of Michigan’s entrepreneurial and investment community with previous leadership roles at Detroit Materials and Wayne State University. Now as a Venture Fellow, Wetzler will be in charge of deal sourcing and due diligence at Augment Ventures. The Venture Fellows Program, supported by Michigan Economic Development Corporation (MEDC), is […]

In honor of International Women’s Day, we wanted to shine a light on diversity and inclusion in Michigan’s entrepreneurial and investment community. This past month, MVCA participated in educational conferences on diversity and inclusion hosted by The Aspen Institute and Inforum Michigan that discussed how the entrepreneurial and investment community can better serve underrepresented groups. Additionally, […]

2018 Silver Service Provider Member, Plante Moran, shares the three powerhouse technologies – advanced data analytics, machine learning, and robotic process automation – that can help organizations of all sizes derive greater value from their IT investments. Summary of the article by Dennis Bagley and Dave Plomin for the Plante Moran blog.  As an organization, you’ve […]

In February, Detroit-based fintech startup Autobooks announced it raised $10 million in a Series A1 funding round! Investors included Draper Triangle, Baird Capital, Detroit Venture Partners, Invest Detroit and Invest Michigan. Autobooks provides online invoicing, payment and accounting software for the business customers of banks and credit unions. We spoke with Autobooks CEO and Founder, Steve […]