Tag: venture capital

Start Garden announced they have invested $500,000 in Grand Rapids-based Blue Medora. Grand Angels, a regional group of angel investors, also announced that 20 of their members will also be making investments in Blue Medora which cumulatively equal an additional $750,000, bringing the total amount raised to fund the startup to $1.25 million.

Can venture capital fund-of-funds boost innovation and regional growth?

The growth of venture capital and private equity firms in the state, the financial interest from outside the state and the successful funds being raised are all part of the story Crain’s and MiBiz want to tell in 2013.

The growth of venture capital and private equity firms in the state, the financial interest from outside the state and the successful funds being raised are all part of the story Crain’s and MiBiz want to tell in 2013.

  FOR IMMEDIATE RELEASE – November 5, 2012 – Ann Arbor, Mich. — At its annual meeting, the Michigan Venture Capital Association (MVCA) awarded Venture Financing of the Year to CytoPherx, the MVCA 100 to mophie and Above and Beyond to Don Walker of Arbor Partners.  It also announced its 2013 executive committee and board […]

Renaissance Venture Capital Fund (RVCF) is a venture capital role model for Detroit.

  Kalamazoo, MI and Effingham, IL ‒ Open Prairie Ventures (OPV), an Illinois-based venture fund, announced today that it has entered into a management agreement with the Southwest Michigan First Life Science Fund (SWMFLSF).   The funds have collaborated for over five years on a number of investments, including Vestaron, a Kalamazoo-based agricultural company developing […]

MGCS 2012 will feature presentations from more than 40 of the Midwest’s top high-growth companies. Applications will be accepted through Tuesday, March 6. A four page (maximum) executive summary is needed to apply along with a $20 application fee. Who should apply? High-growth innovative companies from market sectors including but not limited to internet, software, […]

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.

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.