Michigan Technology News and Entrepreneurs
DETROIT - On Nov. 15, Wayne State University will launch the Wayne Innovation Hub to coordinate and enhance its program for entrepreneurship education, technology commercialization, and community partnerships, and to enhance the university’s overall culture of innovation. The Wayne Innovation Hub is an element of the university’s five-year strategic plan, Distinctively Wayne State, which identified
ANN ARBOR - Aquaro Histology announced Thursday it has completed a $9.8 million Series A round led by Telegraph Hills Partners. Aquaro, formerly known as Aquaro Biosystems, will use the money to launch its first product, an Automated Section Mounting used in medical research and development. Concurrent with the financing, Tom Raffin, M.D.; Deval Lashkari,
ANN ARBOR - A software company that wants to use artificial intelligence to take workplace wellness has closed on a $4.5 million capital round that the company said will accelerate product upgrades and support sales and marketing. The capital round for Jool Health Inc. was led by CVC Jool Investors LLC, a corporate entity based in
DETROIT- The Michigan Council of Women in Technology Foundation named Alison Gleeson its “Woman of the Year in Technology.” Gleeson is the senior vice president of the Americas for Cisco. The second annual MCWT award recognizes women in Michigan leading or driving change for other women in information technology careers or fields of study. MCWT Foundation President Carey Pachla presented Gleeson with the honor at the nonprofit’s annual gala on Oct. 28 in Dearborn. Hosted by Ford Motor Co.,
ANN ARBOR - A five-year, $30 million investment into bold research and scholarship from the University of Michigan and its faculty members has tripled into a return of nearly $100 million in follow-on funding. The one-of-a-kind Mcubed program is designed to spark innovative projects without traditional review. It rapidly gives seed funding—either at a $60,000
ANN ARBOR - On November 29th at SPARK Ann Arbor Pitch Club will include three startup presentations, a pool of judges, and a special guest Founder & CEO keynote speaker. The application deadline for startups is November 12. Pitch Club is a mentoring and funding program aimed at connecting the various ecosystems and smart zones throughout Michigan.
DETROIT - Earlier this month, the PlanetM Landing Zone was launched at the WeWork center in downtown Detroit. In this video, Trevor Pawl, Group VP, Pure Michigan Connect, Sandy Baruah, Detroit Regional Chamber President, and Megan Dodds, WeWork Midwest Community Director, explain the Landing Zone's mission - to provide a home for Autonomous Vehicle startups
ANN ARBOR - It's a question every startup struggles with—how to divide the equity before a product, an app or service is developed? Startup founders are often compensated initially with equity shares until the business starts making money, and equally splitting shares seems like the default. Equally splitting these shares can create problems such as
ANN ARBOR - University of Michigan researchers reported 444 new inventions, up from last year's 428, and the fifth straight year of more than 400 inventions from U-M faculty. U-M Tech Transfer also had a record 172 U.S. patents issued in fiscal year 2017, up from 135 in fiscal year 2016. It also signed 173
ANN ARBOR - Surveys and self-reports are a time-honored way of trying to predict consumer behavior, but they have limitations. People often give socially desirable answers or they simply don't know or remember things clearly. A new study by Carolyn Yoon, University of Michigan professor of marketing, and colleagues Alexander Genevsky of Rotterdam School of
