Tag: capital

Newest subsidiary dedicates pre-seed and follow-on funding to MSU-based startups, technology commercialization Lansing, MI — The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and […]

A hallmark of the Michigan Venture Capital Association has long been our ability to offer members access to top-tier talent through Venture Upstart, a suite of programs designed to grow and sustain a vibrant venture capital community in Michigan.

MEDC is preparing to release a RFP for a study covering the entire capital continuum in Michigan. The study will be designed to assess the strengths, weaknesses, opportunities and threats in the capital markets in Michigan.

We’re proud to introduce our new board chair, Tim Petersen. Tim, who is the managing director at Arboretum Ventures, is responsible for Arboretum’s financial and fund management activities and is a member of its Investment Committee. He has been a venture capital investor for the past 14 years.

The Michigan Strategic Fund (MSF), through the Pure Michigan Venture Development Fund (PMVDF), will assist in the growth of the venture industry in Michigan by increasing the number of viable venture funds in the state.

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.

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.

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

MEDC is preparing to release a RFP for a study covering the entire capital continuum in Michigan. The study will be designed to assess the strengths, weaknesses, opportunities and threats in the capital markets in Michigan.

MVCA member RPM Ventures recently hired Josh Lin as part of the Michigan Venture Fellows Program. Lin is serving as an associate with the firm.