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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 …
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 …
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 …
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 …
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 …
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 …
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 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 …
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 …