Displaying items by tag: Michigan Venture Capital Association

In securing a $40 million investment, Cirius Therapeutics Inc. illustrates a fundamental change that occurred in Michigan’s venture capital sector over the last decade.

Michigan’s venture capital industry maintained steady growth in the last year, although fewer out-of-state venture firms have an office in the state.

GRAND RAPIDS — By creating a $100 million venture capital arm, Spectrum Health joins the ranks of U.S. health systems that invest money in companies developing new ways to treat patients and maintain health.

GRAND RAPIDS — In seeking to raise up to $50 million for its first fund, Grand Ventures I LP could soon add to the availability and accessibility of venture capital in Michigan. 

GRAND RAPIDS — By hiring two economic development professionals who work with the minority community, Start Garden LLC looks to broaden its outreach to more entrepreneurs.

Venture capital investors say work over more than a decade to spur greater innovation and build a better entrepreneurial climate in Michigan has provided them with better investment prospects.

The restoration of an angel tax credit in Michigan looks doubtful before the present legislative term expires at the end of the year.

Reda Jaber could have gone in a few directions after graduating in 2014 from the University of Michigan with a trio of graduate degrees.

The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. 

New legislation aims to encourage more investors to get involved in supporting Michigan-based startup companies.