Since 2006, MVCA has seen significant growth with $6.6 billion of venture capital that has been invested in 1,593 deals in Michigan. In 2021, an article in Crunchbase points to Michigan as the fastest growing state for VC investment “No state has seen its venture money increase in the last five years as much as Michigan”.
The 2022 MVCA Research Report shows 161 Michigan startups received more than $1.4 billion in venture capital investment in 2021.
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