Arboretum Ventures Closes Fully Subscribed Fifth Fund at $250 million

Ann Arbor, MI (June 17, 2019) – Arboretum Ventures, a leading healthcare venture capital firm, today announced the closing of its fifth fund with capital commitments of $250 million, increasing the firm’s capital under management to more than $700 million. Arboretum V is believed to be the largest venture capital fund ever raised in Michigan,… read more

Intermitten 2019: Building meaningful, effective connections

Building a strong entrepreneurial and investment community in Michigan hasn’t happened by accident; it’s taken the deliberate creation of meaningful, effective connection points between entrepreneurs, investors and entrepreneurial support organizations.  One of the best opportunities for MVCA members to connect to the vibrant community we’ve all built is on June 4, as Intermitten arrives for… read more

MGCS Features Inaugural VC University LIVE Program!

The Center for Venture Capital and Private Equity Finance (CVP) at the Ross School of Business will co-host the inaugural VC University LIVE program in conjunction with this year’s Midwest Growth Capital Symposium in Ann Arbor! The CVP is partnering with the National Venture Capital Association (NVCA) and the University of California, Berkeley, School of… read more

Bank of Ann Arbor Shares Benefits of a Capital Call Line of Credit for VCs

Michael Cole is part of Bank of Ann Arbor’s Technology Industry Group. In this guest blog post, he shares why a capital call line of credit can give venture firms predictable cash flow and investing agility featuring commentary from MVCA members Renaissance Venture Capital Fund, Arboretum Ventures and Augment Ventures. Bank of Ann Arbor is a… read more

Ara Topouzian

Michigan Venture Capital Association Announces Ara Topouzian as New Executive Director

Michigan Venture Capital Association (MVCA), the nonprofit trade association founded in 2002 to increase the amount of capital and talent for Michigan’s entrepreneurial and investment community, announced today that it has hired former Troy Chamber of Commerce President & CEO, Ara Topouzian as its new executive director. In this position, Topouzian will work collaboratively with… read more

Beringea Leads Regulatory Compliance Software Platform Complion Series B Round

Complion is the leading eRegulatory compliance solution for high-performing clinical research sites Beringea, a global private equity firm providing growth capital to high potential businesses, has led a $7 million Series B investment in Cleveland-based Complion, an electronic regulatory compliance (“eRegulatory”) solution for high-performing clinical research sites. The additional capital investment will help Complion extend… read more

Velesco Pharma Finds Room to Grow with Bank of Ann Arbor Technology Industry Group

More than jobs were at stake for pharmaceutical scientists facing the closure of Pfizer Michigan Research & Development in Ann Arbor. The 2007 closure also created the potential to lose decades of drug development experience, including critical specialties that were in high demand from small and mid-size bio-tech and pharmaceutical clients. Former co-workers Gerry Cox… read more

Save the Date for the Midwest Growth Capital Symposium!

2019 Event to Focus on the Tech Transfer Successes out of the Region’s Big 10 Research Universities The Midwest Growth Capital Symposium (MGCS), the premier platform for Midwest emerging growth companies seeking funding to connect with investors, announced that its 2019 event will take place May 14-15 at the Marriott Resort in Ypsilanti, Mich. More… read more

MVCA Annual Awards Dinner Nominee Cirius Therapeutics Plans IPO

Cirius Therapeutics seeks $86 million IPO. The company was nominated for Capital Event of the Year at the 2017 MVCA Annual Awards Dinner. Founded in 2015, Cirius Therapeutics is a life science startup with research and development operations in Kalamazoo, MI. Formerly known as Octeta, the company is a spin-out of Metabolic Solutions Development Company’s clinical assets…. read more

Meet LSG Insurance Partners

2019 Bronze Service Provider Member Headquartered in Bloomfield Hills, Michigan, LSG Insurance Partners is Michigan’s largest, independent insurance, benefit administration and consulting services agency. The company offers in-depth expertise and exceptional service across all lines of risk management, including commercial property and casualty, employee benefit programs, mergers and acquisitions, and private client services. Its experiences… read more