Drive Capital recognizes the benefits of doing business in the Midwest.
A perfect storm of talent, ecosystem and history all contributed to Michigan eLab choosing to invest in startups in the state.
ArborMetrix announced that it has increased its Series B financing by $1.3 million to allow Renaissance Venture Capital Fund and Detroit Innovate to participate.
Invest Detroit continues to actively support companies in the Detroit region with its First Step Fund – an early stage micro investment fund that was formed through an investment from the New Economy Initiative of Southeast Michigan.
Invest Detroit continues to actively support companies in the Detroit region with its First Step Fund – an early stage micro investment fund that was formed through an investment from the New Economy Initiative of Southeast Michigan.
Beringea, LLC, a private equity firm providing growth capital to market-leading businesses, has announced its fund has led an investment in UICO, an innovator and manufacturer of highly durable touchscreen technology.
Plymouth Ventures announced the launch of Plymouth Venture Partners III (PVP III), a fund size targeted to be $60 million, investing in businesses in the Great Lakes region.
Delphinus Medical Technologies, Inc. has received 510(k) clearance from the U.S. Food and Drug Administration for the SoftVue™ whole breast ultrasound tomography system, approved for diagnostic breast imaging.
Plymouth Ventures made follow-on investments in four of its portfolio companies out of Plymouth Venture Partners Fund II in response to significant growth opportunities.