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NOVI–Our Next Energy Inc., the Novi-based energy storage technology company, today announced it has closed a $300 million Series B capital raise at a post-money valuation of $1.2 billion. The round was led by the Los Angeles venture capital firm Fifth Wall and the San …
DETROIT–The middle-market private equity firm Huron Capital has created its latest ExecFactor platform, Exigent, which will provide a variety of mission-critical repair, maintenance, and replacement services to large facility operations …
DETROIT–The middle-market private equity firm Huron Capital and TriStruX, a national provider of telecom infrastructure services to wireless carriers, cable companies, tower owners, and telecom manufacturers, announced the acquisition of …
ANN ARBOR—May Mobility, developers of autonomous vehicle technology, has closed a Series C round of funding with an investment of $83 million, led by the Tokyo-based Mirai Creation Fund II, a …
LANSING—Lansing-based PM Environmental Inc. has completed an investment partnership with Keystone Capital Management, L.P., a Chicago-based private investment firm. The recapitalization occurred in early December 2021. PM is a regional …
ANN ARBOR—Officials at the Ann Arbor-based life sciences laboratory products startup Akadeum Life Sciences Inc. announced the closing of an oversubscribed $17.5 million Series B financing, led by the Ann Arbor-based venture …
DETROIT—Officials at the Detroit private equity firm Huron Capital, announced the sale of the firm’s used car auction and remarketing platform XLerate Group to Brightstar Capital Partners, a New York …
DETROIT—Officials at the Detroit based automotive robotics startup RoboTire announced the closing of its $7.5 million Series A investment round. The round was led by Scottsdale, Ariz.-based Reinalt-Thomas Corp., which …
CHARLEVOIX—BioStar Capital, an investment firm focused on novel medical devices, announced that Jeffrey Yau, vice president of data science, data engineering, and platform engineering of store associate technologies at Walmart …
DETROIT—Officials at StockX, the online market for a wide variety of goods, announced that the company has raised $275 million in a Series E funding round, the largest venture capital …