New Innovation Alliance hopes to turn more Michigan inventions into Michigan companies—and keep billions of dollars in future value from leaving the state. LANSING - For decades, Michigan has been one of America's great innovation engines. The state is home to world-class research universities, global automotive and manufacturing companies, a growing artificial intelligence sector, and
ANN ARBOR - Renaissance Venture Capital has helped attract $2.3 billion in investments for 78 Michigan companies through its portfolio and capital attraction activities. Renaissance also announced that the 55 Michigan companies in its portfolio have raised $2.17 billion to date, or more than $13 for every dollar invested by Renaissance. This is more than
ANN ARBOR -Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital. Since it opened in 2008, Renaissance has raised over $280 million, making it the largest “fund of funds” of its kind in the United States. Renaissance has become a role model for similar funds that have emerged in Cincinnati,
DETROIT – The Michigan entrepreneurial ecosystem has come a long ways in the past couple of decades, but it was still missing a key piece, a platform to showcase startups, connections to funders and tech hubs. On May 20, the Michigan Israel Business Accelerator will takes the wraps off StartupMichigan.Tech, what Chris Rizik CEO and
