Michigan Technology News and Entrepreneurs
DETROIT – TechTown will once again host its annual Toast of the Town virtually on Sept. 30, like it did a year ago due to the COVID-19 pandemic threatening to infect live events again. This year, Toast of the Town presented by Bank of America will broadcast live from two locations to showcase TechTown's impact
ANN ARBOR—Channels Inc., developers of online event planning software, announced it landed a $520,000 seed round, led by Sahra Growth Capital, bringing its total funding so far to $571,800. Founded by a youthful trio—Siddharth Kaul (18), Elan Rosen (20), and Ibrahim Mohammed (20)—Channels helps organizations navigate through physical work, starting in the event industry. Jamal Al-Barrak, the managing
SEATTLE - A survey of 1,000 remote workers asked the real reasons workers wanted to stay at home beyond the usual answer of enjoying a flexible schedule, the survey also asked about factors like caring for pets and children, the ability to nap, work out, or watch TV during the workday, concerns about appearance, and
ANN ARBOR - The 2021 Ann Arbor Entrepreneurial Ecosystem Report is a comprehensive analysis of the startup community in Washtenaw County. The region, which is consistently ranked among the best places in which to live and work in the country, has built a strong foundation of talent, research, and capital that supports nearly half of
NEW YORK - As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing or looking for new options
ANN ARBOR - Dan Sparrow, co-founder of Sparrow Consulting, explains how his company can help businesses, including cannabis startups, grow and prosper. Sparrow and his wife, Connie, also created the Cannabis Social Equity Fund to support those people most impacted by the war on drugs. Plus the Sparrows also serve as fiduciaries for HeroProjectUSA.Org that
TROY - Algo announced it has received a multi-million dollar investment from Plymouth Growth, an Ann Arbor private equity finance company. This new capital and strategic partnership will allow Algo to deepen its market penetration and increase sales and marketing capabilities. Details were not announced. Algo is a SaaS solution provider used by enterprise businesses,
JACKSON—The Michigan Credit Union Foundation, True Community Credit Union, and Henry Ford Allegiance Health have jointly donated $100,000 to The Launch Pad, a mixed-use business incubator program in Jackson. The Launch Pad encourages the formation of local, neighborhood, and service-based businesses, and provides resources, education, and space to serve underserved and underrepresented communities in business.
MUSKEGON — The creator of an online network for women veterans to connect and lower the rate of military suicide won the 2021 Lakeshore Innovator of the Year Award, presented by Grand Valley State University's Muskegon Innovation Hub. Zaneta Adams, president and founder for WINC: For All Women Veterans, was named the winner from five
GRAND RAPIDS—MaxOne, a Grand Rapids-based online youth coaching startup, announced it had raised $3.5 million in Series A financing. The round was led by Stadia Ventures, a St. Louis-based sports and eSports venture firm, and also included NBA star Chris Paul, the Piquet Family Office, a minority owner of the Texas Rangers, and the Grand
