Somewhere lost in the Groupon/tech IPO bubble, er…I mean, resurgence, was Delphi Automotive Systems’ recent announcement that it is seeking to raise $100 million through its own IPO.
A successful... Read more »
Lycera is coming home.
The company recently said it will move from Plymouth, MI to the University of Michigan’s North Campus Research Complex (NCRC) in Ann Arbor.
But this move is... Read more »
On the fourth floor of the TechTown science and research park in Detroit, the words “Great Lakes Stem Cell Commercialization Center” practically startle a vistor with their large, dark green lettering... Read more »
There’s luck. And then there’s pure serendipity.
About a year ago, Baird Venture Partners (BVP) in Chicago had an idea. With Big Pharma increasingly parceling out drug development work to outside... Read more »
Sakti3 is one of Michigan’s most high-profile startups, whose solid state, lithium ion batteries have won funding from General Motors and Khosla Ventures and plaudits by MIT’s Technology Review.
Such... Read more »
Accelerate Michigan Innovation, the state’s top competition for high tech entrepreneurs, is now accepting applications. The contest will award $1 million in cash prizes plus business services to winners in November.... Read more »
Beringea, a venture capital/private equity firm in Farmington Hills, said it has sold Steak Group to Dentsu for an undisclosed amount. Steak, a digital medial firm, employs 94 people in New... Read more »
Word of advice to anyone who dines with Eric Lefkofsky: make sure he picks up the bill. Trust me folks, he can afford it.
We always assumed the Groupon co-founder and... Read more »
Is NanoBio heading towards an IPO?
Probably way too early to make that call. But the Ann Arbor, MI-based drug startup and its investors are not exactly discouraging such talk.
“I... Read more »
Relume Technologies founder Peter Hochstein, a pioneer in LED outdoor lighting and multi-player video game technology, unexpectedly died of natural causes over Memorial Day weekend. He was 65 years old.
Hochstein,... Read more »
Vestaron has raised about $445,000 from the sale of equity, according to SEC documents.
Overall, the startup, based in Kalamazoo, MI, is seeking $8 million, the filing says. So far, Vestaron... Read more »
When a car today can parallel park on its own, find the best Mexican restaurant in a 10-block radius, and access e-mail on voice command, I suppose checking your blood sugar... Read more »
Ann Arbor SPARK says it has attracted 13 new companies to the region and helped 29 businesses to expand in the region last year. The business accelerator also said it helped... Read more »
Wayne State University named Ned Staebler as its vice president of economic development. Staebler, a former official with the Michigan Economic Development Corp., will oversee the TechTown research park in Detroit.... Read more »
Simon Boag sounds downright sheepish.
“We’re spoiled,” Boag, the new CEO of the $100 million Stage 2 Innovations Fund, told Xconomy. “We realize that. We’re extremely lucky to be in... Read more »
A few years ago, I went to see my doctor for a routine check-up. Blood tests showed I had a high count of low density lipoids (LDL), the so-called “bad cholesterol”... Read more »
Wow. Now that’s what I’m talking about.
Automation Alley, a business accelerator based in Troy, MI that helps nurture local startups, today announced the creation of a $100 million fund... Read more »
Ann Arbor SPARK named the following community leaders to its board: Ric DeVore, regional president of PNC;Marty Kahn,CEO of ProQuest; Mike Miller, head of Google’s local office;Conan Smith, Washtenaw County commissioner... Read more »
A few weeks ago, I asked tech entrepreneur Dug Song, co-founder of Arbor Networks, what Michigan needs in order to build its own Silicon Valley. He did not hesitate.
“Hackers,” Song... Read more »
Ostial Solutions has raised $137,530 from the sale of equity, according to SEC documents.
The medical device startup, based in Kalamazoo, MI, is seeking about $350,000, the filing says.
Founded in... Read more »