Tag: Ann Arbor

EDF Ventures announced an exit from portfolio company Arxan Technologies, Inc.

Three Michigan companies, and MVCA members, are considered among the top venture players in the midwest.

ArborMetrix closed a $7 million in Series B financing from Arboretum Ventures, RPM Ventures and Wolverine Venture Fund.

Deals in the Garden took place on April 22 at Frederik Meijer Gardens & Sculpture Park in Grand Rapids. It was emceed by Jody Vanderwel of Grand Angels, the event gave the following companies the opportunity to pitch their businesses to investors.

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.

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.

Venture capitalists will have more direct, regular access to University of Michigan startups when the Michigan Venture Capital Association opens a collaboration office at U-M Tech Transfer’s Venture Accelerator, officials from MVCA and Tech Transfer have announced.

The Wolverine Venture Fund recently joined Arboretum Ventures in a $25 million Series A investment in Sonitus Medical.

Ann Arbor-based Molecular Imaging, Inc. closed its Series A financing round at $9.9 million. The company has secured a $2.5 million investment from Beringea through the $185 million InvestMichigan! Growth Capital Fund plus another $350,000 from existing shareholders Baird Venture Partners (BVP) and Invest Detroit.

MVCA members dined with Congressman Gary Peters (D-MI 9) August 8 at Grange Kitchen and Bar in downtown Ann Arbor.  Rep. Peters met beforehand with MVCA board members and later with at-large members to better understand both our state and national venture capital industry as he and other lawmakers move on to the subject of […]