Intel’s strategic investment and M&A group Intel Capital is new investor in company FARMINGTON HILLS, MICH. (October 26, 2016)— Beringea, Michigan VC firm and MVCA member, and Intel Capital co-led a $15.2 million funding round for portfolio company InContext Solutions, a global leader in virtual reality (VR) solutions for retailers and manufacturers. The capital will help […]
Investors and Entrepreneurs Moving Michigan Forward ANN ARBOR (October 12, 2016)—Michigan Venture Capital Association (MVCA) will host its 2016 Annual Awards Dinner, the largest gathering of venture investors and entrepreneurs in Michigan, on November 2 at the Rattlesnake Club in Detroit. Honorees include Millendo Therapeutics with the Capital Event of the Year Award, Fontinalis Partners with the […]
For Detroit-based venture firm Fontinalis Partners, next generation mobility (i.e., “the efficient movement of goods, people, and services across all modes of transportation”) isn’t just an investment sector focus, it’s a way of life. So when the team chose a headquarters location for their firm in 2009, an investment thesis centered on innovating mobility led […]
MVCA Member, Plymouth Ventures (“Plymouth”), announced yesterday, August 23, 2016, that it sold its position in 365 Retail Markets, the global leader in MicroMarket technology, to McCarthy Capital Fund VI (“McCarthy Capital”). McCarthy Capital manages more than $1 billion of investment capital across its portfolio. Headquartered in Troy, MI with offices in Santa Clara, CA, […]
Last week, our MVCA board of directors gathered for our quarterly meeting on the west side of the state, in Zeeland, known for its blueberries, beaches, and business. There’s no doubt that the west side of the state is beautiful, but it’s quickly becoming a destination for work as well as play. West Michigan’s lakeshore […]
MVCA Fellow Kathryn Gardner’s transition from investment banking to venture capital has been a smooth one, thanks in part of the experiences she’s had working at Michigan’s largest healthcare venture investor, Arboretum Ventures. In the two years since Gardner joined the firm, the firm has raised $220 million to invest into healthcare companies in Michigan […]
With eye on future, IncWell hires MVCA Venture Fellow to expand medical market sector Throwing the traditional model of VC on its head, IncWell is quickly establishing itself for being the go-to funding source for companies that want to move fast. IncWell’s process begins with an online application that’s followed – within seven days – […]
FOR IMMEDIATE RELEASE – JUNE 25, 2014 – ANN ARBOR, MICH. — The Michigan Venture Capital Association (MVCA) received $987,850 in grant funding from the Michigan Economic Development Corporation (MEDC) for its Venture Upstart programs. The programs further MVCA’s mission to grow and sustain a vibrant venture capital community in Michigan by supporting talent attraction efforts at venture capital firms […]
FOR IMMEDIATE RELEASE — MAY 5, 2014 – ANN ARBOR, MICH. — The Michigan Venture Capital Association’s (MVCA) 2013 research report, an in-depth analysis of venture capital activity in the state, shows that the state’s entrepreneurial economy continues to grow. The data show that capital under management, the number of venture capital firms, and the […]
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.