U Michigan SPARK invests $1.5M in 6 start-ups
ANN ARBOR, Mich., July 24, 2013 /PRNewswire via COMTEX/ — Six Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $1.5 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has
Ann Arbor SPARK graduate receives support from Michigan’s new angel fund
Michigan State University technology spin-out company BioPhotonics Solutions Inc. is the first venture to win equity funding from the $2 million Michigan Angel Fund.
Wolverine Fund participates in $7M round in healthcare analytics company, ArborMetrix
The Wolverine Venture Fund, managed by students at The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business, today announced it has invested in ArborMetrix, a leading provider of real-time healthcare analytics. The $7 million Series B round ofventure capital financing was led by RPM Ventures alongside existing investor Arboretum […]
Michigan’s University Research Corridor expands support services, gap funding
Michigan’s University Research Corridor is proving to be a powerful business incubator for students, faculty and alumni, playing a dramatically increased role in
Microfunding Site, TerraYebo, Gets $100K From MI Automation Alley
The Automation Alley Seed Fund has struck again, investing $150,000 into TerraYebo. This is the Troy-based business accelerator’s second six-figure investment in the micro-funding website start-up. It invested $100,000 in the Madison Heights-based firm earlier this year. “Our investment committee liked their entrepreneurial team,” says Thomas Anderson, senior director for Automation Alley. “We thought they were […]
Wayne State University Spin-out, SIB Medical Technologies, Secures Support From The Warrior Fund
SIB Medical Technologies thinks it can reinvent colon cancer detection. The Wayne State University spin-out is developing a medical device that could become the simpler and cheaper option for colon cancer screening. The technology preserves tissue samples in a liquid solution rather than with heavy, bulky cryogenic materials, which could allow for home screenings.
U Michigan’s Student-led Social Venture Fund Invests In Mytonomy
ANN ARBOR, Mich., April 18, 2013 /PRNewswire via COMTEX/ — Student-led fund participates in seed funding for high-growth edtech start up The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan’s Stephen M. Ross School of Business today announced that its Social Venture Fund, the nation’s first student-led impact […]
Wayne State University Warrior Fund Supports Four Student Start-ups
Late last month, student-run startups from the Blackstone LaunchPad incubator gathered for pitch competition on the campus of Wayne State University (WSU). The startups were able to pitch for up to $5,000 in funding from the Warrior Fund, WSU’s pre-seed fund to support student tech startups. Blackstone, which operates on the campuses of WSU and Walsh College in […]
Michigan Accelerator Fund invests $4.8M into seven companies
In a quest to fill West Michigan’s early-stage funding gap, the $15 million Michigan Accelerator Fund I has invested $4.8 million in seven companies, with an additional $3 million earmarked for add-on investments in those companies.
New $7.5M fund will help U Michigan accelerate medical technologies
A new $7.5 million fund will help U-M medical discoveries make the leap from the laboratory to the market, accelerating their potential to help patients. Funded in part by a new $2.4 million grant from the Michigan Economic Development Corporation’s 21st Century Jobs Fund, the new effort will help the U-M Medical School and U-M […]