LIVONIA—Masco Corp. announced the establishment of Masco Ventures, which will invest in companies that advance Masco’s commitment to innovation. A fully owned subsidiary of Masco, Masco Ventures is a $50 million venture capital fund focused on startups that are strategically relevant to Masco’s industry-leading brands, which include Behr paint, Delta and Hansgrohe faucets, bath and
ANN ARBOR - Benjamin Rathi, a business and computer science senior at the University of Michigan, already had a successful startup under his belt when he won a spot on the Zell Early Stage Fund as a junior. The fund, which launched in fall 2015 with a dozen juniors at the Zell Lurie Institute housed
BATTLE CREEK - Kellogg Co. announced it has launched a $100 million Venture Capital fund - Eighteen94 Capital - to make minority investments in new ingredient, food, packaging and other technologies and “pursue next-generation innovation.” In a statement, Kellogg said Eighteen94 Capital plans to target early stage companies with a proven track record and established
ANN ARBOR - The Renaissance Venture Capital Fund, Michigan’s venture capital fund-of-funds, announced that CEO Chris Rizik has been named a finalist for its Entrepreneur of the Year 2016 Award in the Michigan and Northwest Ohio Region. The award, which honors leaders for their extraordinary success and commitment, will be announced at a special gala
