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.
The 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.
Monarch Antenna today announced that it has been selected to present at the 2013 Michigan Growth Capital Symposium.
Plymouth Management Co. Monday announced its ninth investment from Plymouth Venture Partners Fund II, leading a financing round in 365 Retail Markets of Troy.
The Ann Arbor biotech firm Esperion Therapeutics Inc. announced that it has completed a $33 million preferred stock financing led by new investor Longitude Capital.