ANN ARBOR -Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital. Since it opened in 2008, Renaissance has raised over $280 million, making it the largest “fund of funds” of its kind in the United States. Renaissance has become a role model for similar funds that have emerged in Cincinnati,
ANN ARBOR - Ann Arbor - where nearly 60 percent of residents 25 and older hold a least a bachelor's degree - is the most educated city in the U.S., a new study released by WalletHub says. Released July 19, the study compares the country’s 150 largest U.S. metropolitan statistical areas across 11 metrics. Data
ANN ARBOR - The summer Olympics in Tokyo, Japan, start Friday and Comcast's Xfinity will be offering 7000 hours of coverage for all the sports, awards, and record breaking performances. Comcast Heartland Senior Public Relations pro, Rob Ponto, joins Mike Brennan and Matt Roush to provide all the details. https://youtu.be/1ak_HABmj7Y
FLINT—Officials at the Louisville, Ky.-based healthcare business accelerator XLerateHealth announced the selection of six startup companies to participate in the 2021 cohort of startups at its Flint office. This year’s program will be fully virtual following last year’s success in light of COVID adaptations. XLH Flint is funded by the Charles Stewart Mott Foundation and the
TROY—Officials at electric vehicle maker Electric Last Mile Solutions Inc. announced that the company has signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry Co. Ltd., a Chinese manufacturer of electric cargo vans and light duty specialty vehicles. Under the agreement, ELMS will have long-term access to EV component systems and parts from
SOUTHFIELD—After several years of effort, officials at the Detroit Internet Exchange (DET-iX) said the organization has been granted tax-exempt status, establishing itself as a long-term, standalone entity and furthering its commitment to improve Michigan internet connectivity. Since its founding in 2014, the DET-iX has grown to become the largest fee-free exchange in the world and
SOUTHFIELD—The members of the Michigan Council of Women in Technology Foundation want to increase the number of women occupying senior leadership roles inclusive of the so-called C-suite—chief executive officers, chief information officers, and more. So, the organization’s most recent program—an immersive Leadership Clinic now open for applications—turns the region’s chief information officers as coaches and mentors for
LANSING - Global leaders want to carve out specific areas of critical infrastructure to be protected under international agreements from cyber attacks. But where does that leave others? "There are ‘four or five steps you could take that could significantly mitigate this risk,’ Falk said. These are patching, multifactor authentication and all the stuff in
ANN ARBOR - Gary Erickson, the Managing Partner of Executive Search Partners, said he has 20 jobs openings now for Chief Information Officers and other top tech executive positions, including one in Michigan that pays upwards of $1 million a year. Those jobs are listed at the ESP LinkedIn page. Executive Search Partners was formed
OTTAWA, Canada - Fully vaccinated Americans and permanent residents will be allowed to enter Canada for non-essential travel beginning Aug. 9, Canadian government ministers announced Monday. The announcement marked the first step toward opening the country's border for all international tourists. Non-essential travel to Canada has been banned since March 2020, and Canada's public safety
