ArborMetrix 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.
Organizers 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.
The 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.
The 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.
Zipments, 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.
The latest event and meeting notices from Michigan’s technology-focused companies, institutions and groups.
The latest staffing, leadership and boardroom news from Michigan’s technology-focused companies, institutions and groups
The 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.
Another day, another upbeat assessment of Michigan’s startup and venture capital communities at the Michigan Growth Capital Symposium.
The 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.