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Displaying items tagged: Northern Michigan Angels

Sunday, 21 June 2020 17:44

VNN Inc. co-founder steps down from VC-backed startup after ‘passions changed’

Ryan Vaughn can count many accomplishments over the last decade after co-founding and scaling VNN Inc., originally known as Varsity News Network. 

Published in Economic Development
Sunday, 07 June 2020 17:00

‘TREMENDOUS WIN:’ Tetra Therapeutics’ sale offers healthy returns for investors, validation for local ecosystem

GRAND RAPIDS — Tetra Therapeutics Inc.’s sale to a Japanese pharmaceutical company provides a final pathway toward bringing to market potential new drugs to treat Alzheimer’s disease and a form of autism, as well as generates a handsome return for financial backers.

Published in Finance
Sunday, 17 May 2020 14:10

Native Traits raises $1.5M to move seed technology into field trials

KALAMAZOO — Southwest Michigan biosciences company Native Traits Corp. plans to use a recent investment to move its high-yield and weather-resistant seed technology into field testing and production.

Published in Food/Agribusiness

Sunday, 01 May 2016 09:36

MiBiz Growth Report: May 2, 2016

Here is the MiBiz Growth Report for May 2, 2016.

  • M&A: Brad Davis and Lynne Bosgraaf, both formerly executive team members at Grand Haven-based Light Corp., have acquired Ram Electronics Inc., a manufacturer in Fruitport of printed circuit boards, custom wire harnesses and other components. The deal came about as Ram’s previous owner, Don Neidlinger, looked to retire. Zeeland-based Rua Associates LLC advised Davis and Bosgraaf on the deal, the terms of which were not disclosed. The executives partnered with Mercantile Bank Corp. to structure a loan through the Michigan Economic Development Corp.’s collateral support program. The program provides collateral to fund down payments on expansions or mergers and acquisitions.
  • M&A: Lansing-based Neogen Corp., a manufacturer of food and animal safety products, acquired Brazil-based Deoxi Biotecnologia Ltda, an operator of an animal genomics laboratory, according to a statement. Terms of the deal were not disclosed. Deoxi’s management and staff will remain with the company.
Published in Breaking News