Michigan Technology News and Entrepreneurs
CANTON - Fusion Coolant Systems, a University of Michigan spin off, has raised an $8 million Series C financing round led by Boston-based Material Impact and Michigan Capital Advisors, two venture capital firms. The money will be used to grow the company’s staff, operations, equipment and personnel. The round was also strongly supported by existing
ANN ARBOR - The big winners Tuesday night at the Michigan Venture Capital Association awards dinner were Duo Security, Accelerate Michigan Innovation Competition, Jody Vanderwel and Strata Oncology. MVCA members voted to select the awardees for the Community Impact Award, the Exit of the Year Award, and the Up-and-Coming Company of the Year Award. Awardees
DETROIT - Twenty-four semi-finalists were named Wednesday to compete in the $1 million Accelerate Michigan Innovation Competition that will take place Nov. 13 at the Lexus Velodrome. The program, hosted by Detroit’s ID Ventures, culled through nearly 300 applicants. The semi-finalists were chosen based on innovation, business development and customer traction by a judging panel
DETROIT — Guardhat, developer of a smart hard hat that monitors worker safety and health in industrial settings, announced it had closed a $20 million Series A funding round. The round was led by RTP Ventures, a New York City-based subsidiary of a Moscow, Russia-based venture capital firm, RuNet Holdings Ltd.. The round was joined
LANSING - More than 800 businesses, educators and community organizations have committed to pursuing Marshall Plan for Talent grants, Gov. Rick Snyder announced Thursday. These entities have applied to be considered for the first round of Innovation Grants under the $100 million Marshall Plan for Talent investment. The first step in the Marshall Plan for
WARREN - Winning Futures announced a two-year $150,000 grant award from the Vera and Joseph Dresner Foundation to support implementing Workforce Prep - an in-school mentoring and leadership skills program for challenged high school students. This program addresses the critical need to better prepare students for life after high school and empower them with the
ROYAL OAK - Lisa Vallee-Smith, the co-founder of Airfoil Communications, has reorganized her 18-year old PR agency under a holding company that she will lead. Vallee-Smith will now serve as CEO of Airfoil Group, overseeing the business strategy for both Airfoil Communications and Airfoil Digital. Twelve-year Airfoil veteran Keith Donovan, former senior vice president, steps
ROYAL OAK - Tember Shea, Director of Inforum’s InGAGE program, interviews Christina York from Spellbound who announced a new patent for her Augmented Reality patient care product. SpellBound uses the mobile devices (iOS and Android tablets and smartphones) hospitals already own to create therapeutic 3D experiences. Hospital staff and patients use SpellBound's tools with a
SOUTHFIELD - DENSO Corporation subsidiary NSITEXE, a developer of key semiconductor components enabling automated driving, announced it has invested $65 million in ThinCI Inc., an Artificial Intelligence hardware startup developing computing platforms. ThinCI’s programmable computing architecture can accelerate deep learning, AI and other algorithms relevant to the automotive industry and will provide somewhere around 5
ROYAL OAK - Kathleen Norton-Schock joins M2 TechCast co-hosts Mike Brennan and Matt Roush to update the latest interviews done by her podcast, Diva Tech Talk, and also what’s happening with the Michigan Council of Women in Technology. Diva Tech Talk's Nicole Scheffler (Left) Kathleen Norton Schock To listen, click on https://soundcloud.com/internet-advisor-755109612/m2-techtalk-episode-139-kathleen-norton-shock-on-mcwt
