The $77 million investment in Ablative Solutions Inc. ranks as the largest known venture capital deal ever in Michigan, possibly helping draw more attention to the state’s life sciences research and development.
Ablative Solutions Inc. secured $77 million in financing that ranks as the largest known venture capital deal ever in Michigan.
Venture capital investors made fewer deals in Michigan during the third quarter than the same period a year earlier, although the amount invested more than tripled.
Venture capital firm Grand Ventures I LP was among the investors in a Charleston, S.C. software firm that uses artificial intelligence to work with clients to identify and engage with job candidates.
Enterprise software developer Blue Medora LLC has raised another $8 million in capital that will support continued growth.
Venture capital fund Grand Ventures I LP was part of a $5 million funding round for an Indiana tech firm.
Across West Michigan, Native American tribes have started to hang out their own shingle in enterprises that move them away from the familiar tribal-owned casino.
Spectrum Health has formed a new venture capital fund that could invest up to $100 million into health care-related companies over the next decade, MiBiz has learned.
Drug developer Tetra Discovery Partners LLC said it’s closed on $5 million in new venture capital funding.