TROY - AvidCor, a Michigan startup that had been incubated at the Conquer Accelerator in East Lansing, won the $50,000 pitch contest at IoT TechConnect. AvidCor is a health technology company that will enable inexpensive and disposable, remote cardiac monitoring via a Bluetooth-connected smart device. The data the device collects can then be analyzed, an
BLOOMFIELD HILLS - Connected vehicle security startup Karamba Security Ltd. announced it has raised $10 million in another venture round that will be used to fund the acquisition of companies and technology to beef up its Autonomous Security portfolio. The money in this round came from Silicon Valley-based venture debt firm Western Technology Investment. Last May, Karamba, an Israeli
ROYAL OAK - Emily Auten, Lawrence Tech University’s Anime Club President, discusses the game art and programming events coming at up at LTU on Saturday April 21. LTU Anime Con is a FREE, local convention for cosplayers, anime fans, gamers, and fandoms! This con is a one day event, running from 10am — 7pm, where
SOUTHFIELD – Lawrence Technological University has hit triple digits in its annual Research Day. More than 100 research projects by undergraduate and graduate students and faculty were presented, according to Research Day chairman Matthew Cole, associate professor in LTU’s College of Management. The total included 86 poster presentations and 16 oral presentations – a record.
PLYMOUTH — The Michigan Manufacturing Technology Center will unveil a lightweight replica car, military and specialty vehicle frame this week at the World Congress Experience event, hosted by SAE International. The frame is comprised of aluminum, magnesium, carbon fiber and advanced high strength steel to provide the best combination of light weight, high strength and
SOUTHFIELD – More than 100 Lawrence Technological University students, along with dozens of faculty members and sponsors, gathered in an LTU rite of spring Tuesday – the Blue Devil Motorsports team unveiling. The event featured presentations from the leaders of five teams building vehicles for competitions sponsored by SAE International, formerly the Society of Automotive
SEATTLE, WA – Investment into venture-backed companies is already on pace to experience another record-breaking year in 2018. Investors deployed the highest amount of capital in 1Q 2018 than any single quarter since 2006 ($28.2 billion), with unicorns attracting over 18 percent of total VC capital. Coming off multiple years of record fundraising, more than
DETROIT - The DTE Energy Foundation announced the continuation of its successful Community Giving grant program, aimed at supporting community events throughout Michigan. The Community Giving initiative was introduced in 2017 as a pilot program and distributed hundreds of grants ranging from $500 to $5,000 to community organizations in Michigan. Moving forward, the program will
NEW YORK – While funding to Venture-Capital backed companies in the United States during the first quarter increased 4 percent from a year ago, deal activity declined 2 percent due to 30 rounds of $100 million or more. US-based Artificial Intelligence companies had a record quarter as funding leapt 29 percent in Q1’18. Representing an
ROYAL OAK - Cybersecurity has become one of the biggest concerns for businesses. In 2015, the Michigan Small Business Development Center launched its Small Business, Big Threat program to addresses these concerns. Zara Smith, SBDC Strategic Programs Manager, and Scott Taber, a Cyber Security Awareness Specialist, talk about some exciting updates in the Small Business,
