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Tag: Investment

Online Marketing / Venture Capital

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 …

Pharmaceuticals / Private Equity

Esperion in $200M capital deal with New York private equity firm

ANN ARBOR—Officials at Ann Arbor-based Esperion Therapeutics Inc. (Nasdaq: ESPR), a pharmaceutical startup developing a new class of cholesterol-lowering drugs, announced a $200 million funding agreement with an investor group …

Battery Technology

Port Huron’s Wirtz invests in Missouri battery firm

PORT HURON — Wirtz Manufacturing Co. Inc., the Port Huron-based battery technology firm, has made a strategic investment in Joplin, Mo.-based ZAF Energy Systems Inc. ZAF officials said the investment …

Green Technology / Venture Capital

EcoMotors Gets Investment From Chinese Partner

ALLEN PARK — EcoMotors, the Allen Park-based manufacturer of the OPOC engine, said this week it had received a new Series D equity investment from its largest customer, Zhongding Power, …

Cloud Technologies

Blue Medora Adds VMware As Investor In Series A Round

GRAND RAPIDS — The cloud systems management developer Blue Medora announced that it has a new investor in its recently announced Series A round of venture capital — VMware, a …

Manufacturing / Software

Plex Gets $50M Funding, Rolls Out New Mobile Systems, User Interface

TROY — Plex Inc., the Troy-based developer of manufacturing management software, announced Tuesday that it had closed $50 million in new financing, led by funds and institutional accounts managed by …

Entrepreneurs / Technology

Algae-Based Chemical Company Raises $3M

NORTHVILLE — Algal Scientific Corp., a developer and manufacturer of algae-based chemicals and related technologies for the food and beverage industries, announced that it has completed a $3 million financing …

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