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.
Global investment firm Baird Capital announced it was opening a Michigan office, in Ann Arbor. It’s being headed up by David Gregorka, whose entrepreneurial roots grow deep in the state.