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Tag: New York City

Credit Union Service Organizations / Fintech

MSUFCU’s Reseda Group invests $8M in four fintech firms

EAST LANSING–Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union, announced $8 million in investments to support and grow several emerging fintech companies. The investments …

Acquisitions / Auto Industry / Electric Vehicles / Fleet Vehicles / Utilities

J.D. Power acquires EV data firm ZappyRide

TROY–The Troy-based data analytics and consumer intelligence firm J.D. Power has completed its purchase of ZappyRide, a New York City-based electric vehicle data company that builds white-label software and tools …

Acquisitions / Cleanroom Technology

Acquisition for GR’s Angstrom Technology

GRAND RAPIDS—Angstrom Technology, a Grand Rapids-based cleanroom engineering company and portfolio company of the New York City private equity firm Asgard Partners & Co., announced its third acquisition in six …

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 …

Acquisitions / Construction Equipment / Industrial Equipment

Alta buys New York competitor

LIVONIA—Officials at Alta Equipment Group Inc. (NYSE: ALTG) announced an agreement to acquire Hilo Equipment & Services, a privately held distributor of material handling equipment with three branches in the …

Private Equity / Software

Lakeside Software gets new investment

ANN ARBOR—Lakeside Software, the Ann Arbor developer of digital experience monitoring software, announced an equity investment by the New York City-based venture capital and private equity firm. The amount and …

Connected Vehicles / V2X Technology

Novi firm’s tech drives NYC connected vehicle project

NOVI—Novi-based Danlaw Inc. says its AutoLink aftermarket safety devices are being used by the New York City Department of Transportation’s Connected Vehicle Project. Danlaw develops connected city hardware and software …

Acquisitions / Genomics / Media

Crain Communications acquires online genomics news firm

DETROIT—Crain Communications Inc., the Detroit-based business and industry media company, has acquired GenomeWeb LLC, a New York City-based online news organization serving the global community of scientists, technology professionals and …

Acquisitions / Health Information Technology / Software

OptimizeRx buying health care software firm with operations in New York, Israel

ROCHESTER–OptimizeRx Corp. (NASDAQ: OPRX), the provider of digital customer communication services to the pharmaceutical industry, announced plans to require RMDY Health, a New York City-based digital therapeutics software-as-a-service platform, for $16 million in cash …

Agricultural Industry / E-Commerce / Venture Capital

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 …

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