Renaissance Venture Capital Fund Closes Third Fund with $81M of New Capital

Renaissance Venture Capital Fund (Renaissance), Michigan’s ground-breaking venture capital fund-of-funds, announced the closing of its third fund, with $81 million of new capital. The innovative network fund is the largest of its kind in the United States, now with a total of $205 million raised since its inception in 2008. Renaissance Fund III leverages the… read more

Renaissance Venture Capital Fund

Intel Capital to Headline 37th Annual Michigan Growth Capital Symposium

Top industry speakers and entrepreneurs are scheduled to host Michigan Growth Capital Symposium on May 15-16, including Jim Adox of Venture Investors, Jonathan Murray of Draper Triangle, Tim Peterson of Arboretum Ventures, Kelly Sexton of University of Michigan – Technology Transfer and Innovation Partnerships, Michael Psarouthakis of University of Michigan – Tech Transfer Venture Center,… read more

Renaissance Venture Capital Fund Attracts More than $1.3 Billion Dollars of Investment to Michigan Startups

Renaissance Venture Capital Fund, Michigan’s innovative venture capital fund-of-funds, announced the fund’s economic and social impact on the state of Michigan. Highlighting these metrics is the fund’s successful attraction of more than $1.3 billion into Michigan’s startup ecosystem. Since Renaissance launched in 2008, it has invested in 30 venture capital funds around the United States,… read more

Chris Rizik_Renaissance Venture Fund

Guest Post from Plante Moran: Combat Disruption with a Flexible Operations Model

2018 Silver Service Provider Member Plante Moran shares six ways organizations can drive more flexible operations to stay competitive and profitable. Summary of the article by Dave Plomin for the Plante Moran blog.   Tried-and-true business models are facing obsolescence, and organizations are being pressured to make often significant changes to stay competitive and profitable. Why?… read more

Boston Scientific Acquires Arboretum Ventures’ Portfolio Company, NxThera

Exciting news! Arboretum Ventures’ portfolio company, NxThera, was acquired by Boston Scientific in a $400 million deal for its treatment of benign prostatic hyperplasia (BPH). According to the 2017 MVCA Research Report, while Michigan venture funds are investing in a variety of sectors, the life science sector continues to be a focus of capital deployment with 42 percent… read more

Guest Post: Sale Readiness & the Value of Seller’s Due Diligence

2018 Silver Service Provider Member, Plante Moran, shares three key steps to unlocking the value of your business. Summary of the article by Eric Wozniak and John Samulak for the Plante Moran blog. For most business owners, the sale of their company will be the single largest liquidity event that they will experience. The thought… read more

Guest Post: Must-Consider Technologies to Disrupt the Status Quo

2018 Silver Service Provider Member, Plante Moran, shares the three powerhouse technologies – advanced data analytics, machine learning, and robotic process automation – that can help organizations of all sizes derive greater value from their IT investments. Summary of the article by Dennis Bagley and Dave Plomin for the Plante Moran blog.  As an organization, you’ve… read more

Entrepreneur Spotlight: Autobooks CEO & Co-Founder, Steve Robert Discusses Company Growth

In February, Detroit-based fintech startup Autobooks announced it raised $10 million in a Series A1 funding round! Investors included Draper Triangle, Baird Capital, Detroit Venture Partners, Invest Detroit and Invest Michigan. Autobooks provides online invoicing, payment and accounting software for the business customers of banks and credit unions. We spoke with Autobooks CEO and Founder, Steve… read more

Jeff Wesley, Executive Director of Red Cedar Ventures

Exclusive Q&A: Red Cedar Ventures Executive Director, Jeff Wesley

In January, Jeff Wesley was named executive director of Red Cedar Ventures! Prior to joining Red Cedar Ventures, he was the CEO of Two Men and Truck International. He also served as the President of Accu-Bite Dental Supply, after beginning his career at Deloitte. Wesley has significant experience in leading and scaling private companies to record success. In… read more

Grand Angels President Joins ACRE AgTech Board of Directors!

Grand Angels President Tim Parker has joined ACRE AgTech as the newest member of their board of directors! ACRE AgTech is a Michigan-based entrepreneurial support organization that specializes in helping farmers and ag-related entrepreneurs commercialize, license, or sell their ag-technology inventions. Read why Parker chose to join the organization’s board and what excites him about… read more