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 …
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 …
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 …
Cloud security provider Tenacity raises $3M
ANN ARBOR—Officials at the Ann Arbor-based cloud data security provider Tenacity announced that the company has raised $3 million in new capital. The round was led by the Chicago-based investor …
OneStream Software gets $200M investment, $6B valuation
ROCHESTER—Officials at OneStream Software LLC, developers of corporate performance management (CPM) software, announced the company had secured $200 million in series B funding and a valuation of $6 billion. New …
Genomenon completes $5.3M financing round
ANN-ARBOR—Genomenon, the Ann Arbor-based genetics informatics company, has completed a $5.3 million financing round, company officials announced. They said the financing round in the company. The financing will enable the …
Dundee industrial cleaning firm bought out
DALLAS—Officials of Cincinnati-based Superior Environmental Solutions LLC, a portfolio company of Dallas-based Rosewood Private Investments, announced the acquisition of Dundee-based Hydro Technology Inc. Hydro Technology provides industrial and environmental cleaning …
Guardhat raises equity, names investor to board
DETROIT—Guardhat, the developers of protective industrial headwear with health monitoring equipment built in, announced that it had raised a Series B venture capital round. The amount of the funding was …
Alta loss grows on acquisition expenses
LIVONIA—Alta Equipment Group Inc. (NYSE: ALTG), a provider of industrial and construction equipment and related services, posted a loss of $17 million or 91 cents a share in the first …
Alta Equipment Group reports 35% jump in revenue but posts loss
LIVONIA—Alta Equipment Group Inc. (NYSE: ALTG), a provider of industrial and construction equipment and services, reported a loss of $35.4 million in 2019, compared to net income of $1.5 million …