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For the U.S. to stay on top, we can’t just keep funding innovation in Silicon Valley and New York

The digital boom has helped the United States maintain its status — for now — as the world’s political and economic leader. But it has also increasingly created a divide within the U.S. — one of the themes that led to Donald Trump’s election as president. “This issue of people feeling left behind — it’s [...]

By | March 13th, 2017|

Message to self-driving auto makers: You can’t do it alone, says VC

Some self-driving car makers are incorporating more and more extras like face-recognition and augmented reality displays. Bob Stefanski, managing director of eLab Ventures, said that this may be a winning approach for manufactures looking for an edge in the market. But, Stefanski told John Furrier (@furrier), host of theCUBE, SiliconANGLE Media’s mobile live streaming studio, that one lone company [...]

By | March 13th, 2017|

Another approach to autonomous vehicles – slow and steady

MOUNTAIN VIEW — The Audi SUV crept through city streets, obeying speed limits, stopping short at signals and keeping neatly between lane markers during morning rush hour. The driver’s hands hovered above the steering wheel. The real driver was a system of sensors, processors and software made by auto supplier Delphi and tech company Mobileye. [...]

By | January 31st, 2017|

Driverless shuttle introduced at Mcity

This is the first of NAVYA's ARMA vehicles to operate in North America. The shuttles are already on the road in countries all over the world. They're designed for use at a broad range of sites that need efficient, convenient and safe first and last mile transportation—places such as theme parks and large campus-like environments. [...]

By | December 10th, 2016|

Snyder signs laws aimed at self-driving car leadership

Michigan Gov. Rick Snyder picked the Automotive Hall of Fame in Dearborn as the backdrop to sign a group of bills today designed to position Michigan as a future leader in development and testing of self-driving cars. The location was picked to reinforce the state's historic role in the emergence of the global automotive industry as [...]

By | December 10th, 2016|

Blue Medora Secures $8.6 Million in Series B Funding to Accelerate Adoption of Cloud Performance Monitoring

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Blue Medora, a leading innovator in software for enterprise cloud and data center management, today announced the close of an $8.6 million Series B round led by St. Louis-based Lewis & Clark Ventures. Blue Medora’s existing investors VMware, Inc., eLab Ventures, Start Garden and Grand Angels also supported the round, bringing Blue [...]

By | November 21st, 2016|

Aperia Technologies Accelerates Growth with $16 Million Capital Raise

BURLINGAME, Calif.--(BUSINESS WIRE)--Aperia Technologies, a clean technology company focused on innovation to increase transportation efficiency, today announced the company has raised $16 million to fund expansion. This funding, along with the company’s dedicated U.S. production facility and the U.S. Environmental Protection Agency (EPA) rule requiring fuel use reduction, provides significant traction for Aperia Technologies. “The [...]

By | November 16th, 2016|

How U.S. Manufacturing Is About to Get Smarter

Here’s a paradox of America’s highly automated, increasingly labor-independent manufacturing: While sophisticated, for the most part, it isn’t all that high-tech. Picture metal-stamping machines in an auto-parts factory that can easily have a long useful life of up to 40 years. Now picture the assembly line just outside Austin, Texas, where Samsung Electronics Co. makes [...]

By | November 16th, 2016|

State-backed program aims to grow Michigan’s VC talent pool

Reda Jaber could have gone in a few directions after graduating in 2014 from the University of Michigan with a trio of graduate degrees. But rather than go into medicine or clinical research, Jaber opted instead to pursue a career in the venture capital industry. Jaber, who has an MBA, connected with Birmingham-based IncWell LLC, a [...]

By | September 19th, 2016|

State of Michigan Awards $17 Million to American Center for Mobility’s Driverless Car Project

LANSING — Developers of a planned test bed for driverless cars at Willow Run in Washtenaw County won up to $17 million in state funding to build and operate the project, the state said Tuesday. The Michigan Strategic Fund, an arm of the Michigan Economic Development Corp., approved the funding for Willow Run Arsenal of Democracy Landholdings LLP, [...]

By | July 27th, 2016|