Cancer screening startup raises $22M
ROYAL OAK—OncoCell MDx Inc., a startup incubated at Harvard University to develop sophisticated cancer diagnosis from a simple blood sample, announced that it has raised $22.2 million in a Preferred …
Holland medical device fund invests in GR software firm
HOLLAND—Genesis Innovation Group, the Holland-based medical device development and commercialization company, and its Cultivate(MD) Capital Fund II, LP, a fund focused on investments into early stage healthcare companies, announced an …
UM student startups to pitch at Ann Arbor event
ANN ARBOR—Five student startups from the University of Michigan’s TechArb student business incubator will pitch their business ideas at the next meeting of the Ann Arbor New Tech Meetup, one …
Detroit-based online plant store Bloomscape raises $7.5M in VC
DETROIT—Bloomscape, a direct-to-consumer plant company based in downtown Detroit, announced $7.5 million in Series A funding. Washington, D.C.-based Revolution Ventures led the round with participation from New York City-based Endeavor …
Applications now open for 10th annual Accelerate Michigan Innovation Competition
DETROIT—The Accelerate Michigan Innovation Competition (AMIC), a program of Invest Detroit’s ID Ventures, is now accepting applications for its 10th annual pitch competition, scheduled for Wednesday, Nov. 13 at Detroit’s …
Pharma startup raises $5M to complete Phase 2 clinical trials
FARMINGTON HILLS—Ocuphire Pharma Inc., a clinical-stage pharmaceutical company developing therapies to treat patients with a variety of ophthalmic disorders, announced that it has closed on over $5 million of financing. …
High-tech battery startup closes venture funding round
WEST BLOOMFIELD TWP.—Intecells Inc., a developer of advanced manufacturing technology for lithium-ion batteries, announced the closing of a Series A funding round, led by San Francisco-based Walden International and its …
Billion dollar sneakers? VC deal values StockX at 10 figures+
DETROIT—The Detroit startup “stock market of things” StockX announced the largest venture capital raise in Michigan history, a $110 million Series C financing round that values the company at more …
New Michigan website connecting startups, accelerators, and funders launching May 20
DETROIT—The Michigan Israel Business Accelerator announces the launch of StartupMichigan.tech, a free web platform featuring more than 300 startups and connections to funders and tech hubs. The platform will launch …
Michigan Growth Capital Symposium announces presenting companies
ANN ARBOR—Organizers of the Midwest Growth Capital Symposium announced the ventures that will present at the 38th annual event, which will be held May 14-15 at the Marriott Resort in Ypsilanti. A total of 32 companies …