Ann Arbor-based Molecular Imaging Inc. announced Friday that it has closed its Series A financing round, originally targeted for $8.5 million, at $9.9 million.
Relume Technologies, a manufacturer of light-emitting diode (LED) products and smart grid control systems for outdoor lighting, has closed its $7 million Series D financing round.
Beringea Managing Director Jeff Bocan’s latest Huffington Post blog entry, “The Hidden Cost of ‘Made in China’: Tomorrow’s Jobs,” discusses the unimagined consequences of outsourcing manufacturing jobs overseas
Credit Suisse’s Customized Fund Investment Group and Beringea, co-managers of the InvestMichigan Mezzanine Fund, Thursday announced the Fund’s first investment — Lexington-based Huron Inc. Terms of the deal were not disclosed.
Michigan’s largest venture capital invetor, Beringea, last week announced an investment in PolyTherics Ltd., a United Kingdom-based provider of technology to improve protein and peptide based drugs for biopharmaceutical companies.
A public-private partnership involving state and federal governments and Dow Chemical Co. is pumping up to $130 million in new business financing over five years into the state of Michigan.
Intervention Insights, a Grand Rapids-based health care IT company that helps community oncologists develop individualized patient treatment plans, today announced the close of $7.2 million in Series B financing.
Steak Group, a portfolio company of the Farmington Hills private equity firm Beringea, has been sold to Dentsu, the world’s No. 1 consolidated media agency network.
Do you have a business idea or going concern that you’d like to discuss with a venture capital firm for possible funding? Farmington Hills-based Beringea, Michigan’s largest VC firm, will be holding its “Office Hours” open pitch program in Detroit on Tuesday, April 12.
Farmington Hills-based Beringea said Thursday that it had invested $4.25 million (£2.65 million) in the United Kingdom software company MatsSoft. The investment will come from Beringea’s London office and is intended to accelerate the company’s growth and international expansion.