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

Michigan’s Pre-seed Capital Fund invests $1M in four companies

Four Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $1 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has awarded 83 Michigan companies with seed funding totaling more than $19 million.

Update: Axonia closes on $2M in seed funding. Gap funds play a role (Ann Arbor SPARK, Western Michigan University RF, and others)

Axonia Medical, an early stage company pioneering a revolutionary approach to repair and restore damaged peripheral and central nervous systems, announced today that the company has closed on $2.0 million in seed financing. The financing was led by Southwest Michigan First Life Science Venture Fund and included participation from Ann Arbor SPARK and Western Michigan […]

Micro-loans SPARK 12 new Michigan companies

ANN ARBOR, Mich., April 10, 2012 /PRNewswire via COMTEX/ — Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million. The companies received the funding to support commercialization of their core products.