May Mobility gets $83M funding round
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 environmental consultant gets VC investment
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 …
Life sciences startup raises $17.5M
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 …
Huron Capital completes sale of car marketing site
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 …
Auto tech startup RoboTire closes $7.5M Series A funding round
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 …
Wal-Mart data science expert to serve as BioStar entrepreneur-in-residence
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 …
StockX raises $275M in latest funding round, company valued at $2.8B
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 …
Holland shoulder replacement device firm gets $21.6M financing
HOLLAND–Shoulder Innovations LLC, a developer of shoulder replacement systems, announced that it has closed an oversubscribed $21.6 million equity financing. US The fundraising, led by Menlo Park, Calif.-based private equity …
Troy supply chain software developer Algo raises $15 million
TROY—Algo, the Troy-based developer of supply chain software, announced that it received a $15 million investment from Los Angeles-based Integrity Growth Partners (IGP). Algo software is used by Fortune 500 …
Lakeside Software gets new investment
ANN ARBOR—Lakeside Software, the Ann Arbor developer of digital experience monitoring software, announced an equity investment by the New York City-based venture capital and private equity firm. The amount and …