By Seun Oyewole, Analyst, Invest Detroit The Michigan entrepreneurial and investment climate has certainly found its beat over the last few years with $328.4M invested into 54 deals in 2015. Despite such investment growth, Michigan tech companies face a huge hurdle: finding strong tech talent to grow their companies. Hacker Fellows, an Invest Detroit program, offers […]
Michigan Venture Capital Association’s (MVCA) continued its statewide tour, presenting its Annual Report on venture capital activity in Michigan, at a reception hosted by ArborMetrix in Ann Arbor. The event offered over 100 attendees a deep dive into the report’s findings, with particular focus on the venture community’s impact on Ann Arbor. Maureen Miller Brosnan, […]
The Michigan Venture Capital Association’s (MVCA) programs to develop the state’s investment community are helping venture capitalists and their portfolio companies attract and retain top talent.
ArborMetrix closed a $7 million in Series B financing from Arboretum Ventures, RPM Ventures and Wolverine Venture Fund.
“Venture capitalists in Michigan continue to grow in an environment where, in other parts of the country, the industry is contracting,” said a Managing Director of Arboretum Ventures and the outgoing chair of the Michigan Venture Capital Association.
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.