Doctors Group Establishes Medical Startup FundThe Michigan State Medical Society said Monday it has launched a startup investment fund Quantum Medical Concepts. The group says the fund will provide capital for Michigan-based early stage medical companies.
ArborMetrix Gets $1.3M FinancingArborMetrix Inc., a provider of healthcare analytics, said Monday it had boosted its Series B financing round by $1.3 million to allow the Ann Arbor-based Renaissance Venture Capital Fund and the Detroit Innovate Fund to participate.
Michigan Growth Capital Symposium Opens Company Applications, Calls For SponsorsOrganizers of the Michigan Growth Capital Symposium are now accepting applications from companies interested in applying to present at the 33rd annual equity event, taking place June 17-18 at the Marriott Resort in Ypsilanti.
FarmLogs Gets $4M Series A Venture CapitalThe farm management software developer FarmLogs said Wednesday it had closed a $4 million Series A financing round led by Drive Capital, a Columbus, Ohio venture capital fund launched in 2012 by two veterans of Silicon Valley's Sequoia Capital.
ProNAi Raises $12M Series C Financing To Expand Cancer StudiesThe cancer drug developer ProNAi Therapeutics Inc. Monday announced the closing of a Series C preferred financing round of more than $12 million with existing and new investors.
Michigan Venture Funds Invest In NYC Same Day Delivery StartupZipments, the New York-based company that offers consumers and businesses same-day delivery through a network of couriers, said Monday that it had closed a $2.25 million seed investment round that included two Michigan funds.
Event Notices From Sept. 12The latest event and meeting notices from Michigan's technology-focused companies, institutions and groups.
HR Notices From July 1The latest staffing, leadership and boardroom news from Michigan's technology-focused companies, institutions and groups
Renaissance VC Fund Invests, Michigan Businesses GrowThe Renaissance Venture Capital Fund, Michigan’s venture capital fund-of-funds, announced that its initial investment of $16.7 million has led to a total venture capital investment of nearly $300 million in 20 new Michigan companies and the creation of hundreds of high-wage jobs.
UM Venture Capital Event Features More Good NewsAnother day, another upbeat assessment of Michigan's startup and venture capital communities at the Michigan Growth Capital Symposium.
VC Leader: Michigan Investment Outlook SunnyThe woman in charge of $30 billion in custom venture capital funds apparently has a special place for the $600 million of it that's under management in Michigan. Kelly Williams, who leads Credit Suisse's Customized Fund Investment Group, said that Michigan -- long a venture capital wasteland -- now has significant advantages over both coasts that make it a compelling market for VC investing.
Michigan Up To 15th For VC ActivityThe Michigan Venture Capital Association’s annual report shows that 2012 was a banner year for venture capital in the state, with Michigan jumping from 25th to 15th among the states in VC activity.