Michigan Technology News and Entrepreneurs
KALAMAZOO - Grand Rapids-based Grand Angels, one of the state's most active angel investor groups, has launched an affiliate group in Kalamazoo known as the Ka-zoo Angels. Tim Parker, Grand Angels president, said the Kalamazoo affiliate will increase deal flow and strengthen ties to Western Michigan University. "To date, we have 10 members, and membership
LANSING - Kyyba Xcelerator, Bodman PLC and TiE Detroit will launch Pitch Club, a mentoring and funding series held across Michigan, at SPARK in Ann Arbor on September 27. Aimed at connecting the various ecosystems and smart zones throughout Michigan, each event will educate, inspire and provide networking opportunities and valuable experiences for being investable.
GRAND RAPIDS - Private equity investors have more capital to deploy today than they have in years. Statistics from Seattle, Wash.-based Pitchbook show fundraising activity for private equity funds in North America and Europe reached its highest level in a decade, at $212.6 billion through Aug. 1. Meanwhile, a report from the American Investment Council,
HARBOR SPRINGS — A beautiful northern Michigan resort city like Harbor Springs is likely to attract people who can work from anywhere, so they work from their homes. Now, a new nonprofit coworking space will give them someplace else to make a living and build their businesses. Developers of The Loft, a 1,400-square-foot coworking space
DETROIT – Challenge Detroit, a yearlong leadership development program dedicated to attracting and retaining talent in Detroit, announced its 2017-2018 class of Fellows and the host companies that will employ them over the next year. Challenge Detroit invites leaders from Detroit, the Metro area, and across the country to live, work, play, give and lead
PONTIAC - Oakland County on Sept. 13 will join a program founded by the Kauffman Foundation to provide free, weekly networking that is aimed at supporting startups on a grassroots level. The 1 Million Cups program is based on the notion that entrepreneurs network and discover solutions over a million cups of coffee. Beginning September
ANN ARBOR - University of Michigan researcher Silvia Lindtner has received one of the first Convergence awards from the National Science Foundation. Lindtner, U-M assistant professor of information, will receive one of the 23 inaugural awards for work to address societal challenges pertaining to work at the human-technology frontier. The amount awarded is $99,185.
ANN ARBOR - In the last three years, there has been a 20 percent increase in the number of venture-capital-backed startups in Michigan, a new survey shows, with West Michigan companies making up a third of them. The seed, startup, early stage and growth companies represented equally with approximately a third in West Michigan at
ROYAL OAK - Bamboo Detroit, a co-working space in downtown Detroit, has outgrown its space on the third floor of the Julian C. Madison Building and has leased the fourth floor, adding another 3,000 square feet. Co-founder Mike Ferlito explains what’s happening in this segment of M2 TechCast. Ferlito said the new buildout will produce
ANN ARBOR — The cholesterol-fighting drug developer Esperion Therapeutics Tuesday announced an initial public offering of $150 million of its common stock. Esperion also expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of its common stock. The company said it would use the net proceeds of
