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Category: Venture Capital

Battery Technology / Private Equity / Startups / Venture Capital

Our Next Energy raises $300 million in Series B

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 …

Computer Vision / Machine Learning / Machine Vision / Software / Venture Capital

Voxel51 raises $12.5 million in VC

ANN ARBOR–Voxel51, a machine learning software developer, announced that it has raised a $12.5 million Series A funding round from Columbus, Ohio-based Drive Capital, and Menlo Park, Calif.-based Top Harvest …

Drones / Unmanned Aerial Vehicles / Venture Capital

Detroit-based drone tech company raises $23M Series B round

DETROIT—Airspace Link Inc., a provider of drone safety software and data solutions, announced the completion of a $23 million Series B capital raise. Leading the round was Avanta Ventures, the …

Pitch Competitions / Startups / Venture Capital

Renaissance Venture Capital to showcase diverse startup founders with new event

ANN ARBOR—Renaissance Venture Capital, a “fund of funds”—a venture fund that invests in other venture funds—will hold its next UnDemo Day for startup founders on Wednesday, April 27. This version …

Autonomous Vehicles / Private Equity / Venture Capital

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 …

Environmental Engineering / Environmental Remediation / Private Equity / Venture Capital

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 …

Battery Technology / Electric Vehicles / Venture Capital

Battery startup Our Next Energy closes Series A funding round

NOVI—The Novi-based battery startup Our Next Energy (ONE) Inc. announced it has closed a $25 million Series A capital raise led by France-based Breakthrough Energy Ventures. The round was also …

Life Sciences / Private Equity / Startups / Venture Capital

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 …

Angel Investors / Automotive Aftermarket / Private Equity / Robotics / Startups / Venture Capital

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 …

Blockchain / Venture Capital

Asset analysis, Blockchain firm raises $25M

NORTHVILLE—Officials at Inveniam Capital Partners Inc. announced that the company would close its $25 million Series A round this month with lead investments from Bermuda-based Apex Group Ltd., Cedarhurst, N.Y.-based …

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