Plymouth Ventures today announced that it has made its second investment out of Plymouth Venture Partners III, which had its final closing at the end of June. The investment was made into the Chicago-based 3D virtual simulation technology company InContext Solutions as part of a $12+ million Series D round. www.incontextsolutions.com The round was led […]
BERINGEA LEADS INCONTEXT SOLUTIONS’ $12 MILLION SERIES D ROUND Investment to Support Company’s Rapid Growth, Expansion and R&D FARMINGTON HILLS, Mich.—Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, today announced its Fund has made a $5 million investment in InContext Solutions, Inc., a Web-based company providing three dimensional (“3D”) virtual store […]
BERINGEA LEADS INCONTEXT SOLUTIONS’ $12 MILLION SERIES D ROUND Investment to Support Company’s Rapid Growth, Expansion and R&D FARMINGTON HILLS, Mich.—Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, today announced its Fund has made a $5 million investment in InContext Solutions, Inc., a Web-based company providing three dimensional (“3D”) virtual store […]
Former entrepreneur Adrian Fortino is nearing the end of his MVCA Venture Fellowship, but after leading the venture capital funds at Invest Detroit, First Step Fund (FSF) and Detroit Innovate (DI), he says there’s one challenge he’s found common to both VCs and entrepreneurs: fundraising. “I spent several years as a venture backed entrepreneur prior […]
ANN ARBOR, Mich., August 20, 2014 – Sakti3, Inc. (www.sakti3.com) announced that it has produced a battery cell on fully scalable equipment with over 1100 Watt hours per liter (Wh/l) in volumetric energy density. This translates to more than double the usage time in a wearable device like a smartwatch, from 3.5 h to more than 9 h. It also translates to […]
Detroit Free Press: LaSorda adds Birmingham start-up space and money from Dr. Z A few years ago, Tom LaSorda was a top executive steering Chrysler and its tens of thousands of employees on a harrowing survival journey, as control of the automaker lurched from Daimler to Cerberus then to the U.S. government and Fiat. Now, […]
We tracked down Daniel, our newest Venture Fellow, as he starts his MVCA Venture Fellowship at Fontinalis Partners in Detroit, to learn more about why he’s excited to be a Fellow, his thoughts about our venture community and the one deal his wishes he’d found first. MVCA: What advantage do you think the Fellows program […]
ANN ARBOR, MICH. – August 11, 2014 — The Michigan Venture Capital Association’s (MVCA) Venture Fellows Program announces the placement of new Fellow Daniel Ratliff with Detroit-based Fontinalis Partners. The Venture Fellows program matches talented, highly motivated, emerging professionals with venture capital firms in order to grow the next generation of venture professionals in Michigan. Ratliff […]
Venture Capital Outperformed DJIA, NASDAQ Composite and S&P 500 in Q1 2014 Arlington, VA, July 31, 2014 – Venture capital fund performance continued to make gains across most time horizons as of March 31, 2014, according to the National Venture Capital Association’s (NVCA) performance benchmark, the Cambridge Associates LLC U.S Venture Capital Index®. Despite returns […]