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Michigan Technology News and Entrepreneurs

ITIF Report: Michigan Ranked 15th For New Economy – Globalization, Technology Innovation, Entrepreneurial Dynamism

WASHINGTON - Globalization, technological innovation, and entrepreneurial dynamism in recent decades have fundamentally transformed the U.S. economy, but states are not equally well positioned to reap the benefits of this so-called “New Economy.” In fact, according to The 2017 State New Economy Index, released Wednesday by the Information Technology and Innovation Foundation (ITIF), there is

By |2017-11-08T14:33:58-05:00November 8th, 2017|Entrepreneur, Entrepreneurs, Featured|
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Altair Closes Initial Public Offering Raising $179.4 Million – CEO Gets $21 Million

TROY - The Troy engineering technology developer Altair Engineering Inc. Monday announced the closing of its initial public offering. The company said its stock underwriters fully exercised their option to purchase an additional 1.8 million shares of Altair Class A common stock, indicating strong demand. After the underwriters’ exercise of the option to purchase additional

By |2017-11-08T11:53:20-05:00November 8th, 2017|Entrepreneurs, Featured|
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Wayne State To Debut Innovation Hub Nov. 15

DETROIT - On Nov. 15, Wayne State University will launch the Wayne Innovation Hub to coordinate and enhance its program for entrepreneurship education, technology commercialization, and community partnerships, and to enhance the university’s overall culture of innovation. The Wayne Innovation Hub is an element of the university’s five-year strategic plan, Distinctively Wayne State, which identified

By |2017-11-08T08:34:01-05:00November 8th, 2017|Entrepreneur, Entrepreneurs|
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Aquaro Histology Gets $9.8 Million Series A Round From California Venture Capital Firm

ANN ARBOR - Aquaro Histology announced Thursday it has completed a $9.8 million Series A round led by Telegraph Hills Partners. Aquaro, formerly known as Aquaro Biosystems, will use the money to launch its first product, an Automated Section Mounting used in medical research and development. Concurrent with the financing, Tom Raffin, M.D.; Deval Lashkari,

By |2017-11-02T20:11:15-04:00November 2nd, 2017|Entrepreneurs, Life Sciences|
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Jool Health Lands $4.5 Million Investment For Health Care Software Developer

ANN ARBOR - A software company that wants to use artificial intelligence to take workplace wellness has closed on a $4.5 million capital round that the company said will accelerate product upgrades and support sales and marketing. The capital round for Jool Health Inc. was led by CVC Jool Investors LLC, a corporate entity based in

By |2017-11-02T19:26:22-04:00November 2nd, 2017|Entrepreneurs|
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MCWT Names Cisco’s Alison Gleeson Woman Of Year In Technology 

DETROIT-  The Michigan Council of Women in Technology Foundation named Alison Gleeson its “Woman of the Year in Technology.” Gleeson is the senior vice president of the Americas for Cisco. The second annual MCWT award recognizes women in Michigan leading or driving change for other women in information technology careers or fields of study. MCWT Foundation President Carey Pachla presented Gleeson with the honor at the nonprofit’s annual gala on Oct. 28 in Dearborn. Hosted by Ford Motor Co.,

By |2017-11-02T18:21:22-04:00November 2nd, 2017|Entrepreneurs, Featured|
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MCubed Grows $30 Million Investment Into $100 Million Follow-On Funding

ANN ARBOR - A five-year, $30 million investment into bold research and scholarship from the University of Michigan and its faculty members has tripled into a return of nearly $100 million in follow-on funding. The one-of-a-kind Mcubed program is designed to spark innovative projects without traditional review. It rapidly gives seed funding—either at a $60,000

By |2017-11-01T19:17:21-04:00November 1st, 2017|Entrepreneurs|
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Ann Arbor SPARK Pitch Club Nov. 12

ANN ARBOR - On November 29th at SPARK Ann Arbor Pitch Club will include three startup presentations, a pool of judges, and a special guest Founder & CEO keynote speaker. The application deadline for startups is November 12. Pitch Club is a mentoring and funding program aimed at connecting the various ecosystems and smart zones throughout Michigan.

By |2017-10-25T18:03:36-04:00October 25th, 2017|Entrepreneurs|
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PlanetM Landing Zone Video: A Home For Autonomous Vehicle Startups In Detroit

DETROIT - Earlier this month, the PlanetM Landing Zone was launched at the WeWork center in downtown Detroit. In this video, Trevor Pawl, Group VP, Pure Michigan Connect, Sandy Baruah, Detroit Regional Chamber President, and Megan Dodds, WeWork Midwest Community Director, explain the Landing Zone's mission - to provide a home for Autonomous Vehicle startups

By |2017-10-25T09:58:46-04:00October 25th, 2017|Auto Tech, Autonomous Vehicles, Entrepreneurs|
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How To Split Equity Equitably For Your Startup

ANN ARBOR - It's a question every startup struggles with—how to divide the equity before a product, an app or service is developed? Startup founders are often compensated initially with equity shares until the business starts making money, and equally splitting shares seems like the default. Equally splitting these shares can create problems such as

By |2017-10-19T09:30:02-04:00October 19th, 2017|Entrepreneur, Entrepreneurs|
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