Michigan VC: Deals down, value up
SOUTHFIELD — Venture capital investment in Michigan through the third quarter increased slightly from the 2017 level but was still well below the all time record of 2015, according to …
Mi Padrino, Hispanic event platform, announces seed round
ANN ARBOR — Mi Padrino, an event-planning and crowd-gifting platform for the Hispanic community, announced it had secured a seed round of funding. The company, launched in 2017, declined to …
BeAlive closes $3.5M seed round led by KittyCat Capital
MIDLAND — BeAlive, which says it is the first digital consumer entertainment brand for millennials who are enthusiasts of outdoor sports, announced a $3.5 million seed funding round, led by …
Comedian, actor Brandon Jackson to keynote TiECon Detroit 2018
FARMINGTON HILLS — The Detroit chapter of the entrepreneurial group TiE announced actor, rapper, writer and comedian Brandon Jackson as the keynote speaker for its TiECon Detroit 2018 conference. The …
UM student venture fund invests in brain-computer interface developer
ANN ARBOR — The Zell Lurie Commercialization Fund (ZLCF) – one of five student-led funds at the University of Michigan’s Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies …
Protean Electric gets $40M investment
TROY — Protean Electric, the Troy-based manufacturer of in-wheel electric motors for the transportation industry, announced the completion of a $40 million equity investment as the initial closing of its …
New name, expanded focus for UM venture capital event
ANN ARBOR — Organizers of the Michigan Growth Capital Symposium announced that the event’s name will be changed to the Midwest Growth Capital Symposium beginning in 2019. Organizers said the …
NanoBio changes name to BlueWillow Biologics, gets $10M financing
ANN ARBOR — NanoBio Corp., a clinical-stage biopharmaceutical company, announced that it has changed its corporate name to BlueWillow Biologics in conjunction with the closing of a $10 million Series …
Michigan Growth Capital Symposium unveils presenting companies
ANN ARBOR — Organizers of the Michigan Growth Capital Symposium announced the companies that will present at the 37th annual event, which will be held May 15-16 at the Marriott …
VC report finds dollar amount down, but number of investments up
ANN ARBOR — Investments were up, but the dollar volume was down. That was the story of the Michigan Venture Capital Association’s annual report on venture investing in Michigan, released …