Our perspective.

Between its two funds, Hopen manages more than $65 million, which it prefers to invest in the region.

Beringea and the Credit Suisse Customized Fund Investment Group (“CFIG”) have launched Michigan Growth Capital Partners II, L.P. (“MGCP II”), a $180 million fund dedicated to providing growth equity to Michigan companies.

Huron River Ventures is on track to finish fundraising in the $12 million range. The firm is keen on investing in energy efficiency technologies, digital cleantech.

Fontinalis Partners participated in $25 million financing round for Streetline, a Bay Area company that has developed a suite of smart parking solutions.

Beringea has invested in Abe’s Market, the online destination for discovering and experiencing natural and organic products. The investment was part of Abe’s $5 million financing round.

Michigan was extremely well represented at the 38th annual Venture Capital Institute in Atlanta. VCI has served over the years as the de facto starting point for VC’s young and old who want to very quickly broaden their network and hone their skills in our trade.

Michigan was extremely well represented at the 38th annual Venture Capital Institute in Atlanta. VCI has served over the years as the de facto starting point for VC’s young and old who want to very quickly broaden their network and hone their skills in our trade.

Michigan Accelerator Fund I (MAF-1) has made a $750,000 Series A-1 investment in Swift Biosciences, Inc., the seventh company it has funded.

Start Garden announced they have invested $500,000 in Grand Rapids-based Blue Medora. Grand Angels, a regional group of angel investors, also announced that 20 of their members will also be making investments in Blue Medora which cumulatively equal an additional $750,000, bringing the total amount raised to fund the startup to $1.25 million.