Tag: news

Turning the traditional drug discovery model on its head and challenging conventional wisdom has proven to be good medicine for Kalamazoo-based Metabolic Solutions Development Company, LLC (MSDC).  The five-year old company, founded by two former Upjohn Company scientists, Jerry Colca, PhD and Rolf Kletzien, PhD, is tackling the combination of metabolic disorders that, taken together, […]

Deal marks the first time two Michigan angel groups have co-invested Grand Rapids, Mich.– Two Michigan angel groups have co-invested in fixed WiMAX owner/operator AzulStar, which teams with leading companies, governmental agencies and private investors to offer very-high bandwidth wireless data, voice and video services.  West Michigan angel investing group Grand Angels and Midland-based Blue […]

Mark Horne, Managing Partner of Plymouth Venture Partners I, L.P. has announced that Plymouth’s Company of the Year is Accuri Cytometers. In making the announcement, Horne commented: “Accuri essentially created a new market in personal use flow cytometry, and then demonstrated outstanding execution in designing and building world class products to serve that market. The […]

West Michigan angel group Grand Angels announces the creation of Grand Angels Co-Investment Fund I, a “sidecar” fund which Grand Angels Company, LLC will manage.  The fund, whose investors include members and non-members of Grand Angels, will invest a small amount in most of the deals in which Grand Angels members invest.  Grand Angels President […]

As part of the Dodd-Frank Act, Congress eliminated section 203 (b)(3) of the Advisers Act, which previously had exempted from SEC registration any adviser that had fewer than 15 clients over the last 12 months, did not hold itself out to the public as an investment adviser, and did not act as an investment adviser […]

Kalamazoo, MI – Plymouth Management Company (PMC) announced its third investment from Plymouth Venture Partners Fund II (PVP II) in Lynx Network Group (LNG) of Kalamazoo, Michigan. Lynx Network Group is a full service  telecommunications company specializing in advancing high-speed next generation infrastructure in tier 2 and tier 3 markets where traditional infrastructure is not […]

Xconomy: “Serial Entrepreneur Jeff Williams To Lead Life Magnetics” Thomas Lee 4/25/11 If it ain’t broke, don’t fix it. Arboretum Ventures in Ann Arbor, MI, is once again teaming up with serial CEO Jeff Williams to try to spin a University of Michigan-bred company into investor gold. This time Williams will lead Life Magnetics, a […]

Combined capital under management has grown 206 percent in just five years Ann Arbor, Mich. – April 12, 2011 – As the state of Michigan—and more generally, the Midwest—continues to transition from its rust belt roots of auto and manufacturing into an innovation economy driven by clean tech, life sciences, and entrepreneurship, the soon-to-be released […]

Michigan venture capital-backed companies like Accuri Cytometers looking to emulate the exit of a local peer couldn’t choose much better than HandyLab, whose 2009 sale to global technology firm Becton, Dickinson and Company (NYSE: BDX) netted investors $275 million.  But then, Accuri Cytometers CEO, Jeff Williams, is more familiar than most with that deal—he was […]

The MVCA community congratulates long-time Michigan venture investor and past MVCA Chairman Mary Campbell of EDF Ventures, and her husband, Brian Campbell, for the lifetime achievement award they recently received at the annual mergers and acquisitions awards event hosted by Crain’s Detroit Business and the Association for Corporate Growth!  Their hard work, humor, passion for […]