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Great Lakes Angels Invests In Blaze Medical Devices

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(credit: istock) Technology Report
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BLOOMFIELD HILLS — Great Lakes Angels announced they and other angel investors made an investment in Blaze Medical Devices LLC in December. Blaze is based in Ann Arbor.

The core of Blaze’s value proposition is in increasing the efficacy and safety of transfusions while reducing transfusion-related costs and reducing the use of blood.

Adverse reactions of red blood cells transfusions contribute about $1,300 of the total $2,000 per transfused unit cost, totaling over $17 billion in additional costs throughout the United States health care system.

The Great Lakes Angels is a nonprofit corporation. It seeks serious, active investors only. The Mission of the Great Lakes Angels organization is to organize and mentor angels and provide a forum for them to grow in knowledge and wealth and foster more of the same — to help invest in entrepreneurial companies in the Great Lakes region.

The organization has numerous deals presented, high-level content and quality speakers and panelists on key issues of angel investing. Current angels and high net worth potential angels can meet in a confidential and educational environment to discover opportunities for mutual areas of investment. Experts can be identified and shared to assist in due diligence on technologies outside the individual’s own comfort zone and help transition investors into new exciting technologies for growth of companies in the Region and greater personal reward.

More at www.glangels.org.

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