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Jump Capital, GE Ventures and Two Roads Join $13.5 Million Series B Investment in Sight Machine

SAN FRANCISCO, March 22, 2016– Sight Machine Inc., leading the digital transformation of manufacturing, today announced it has raised $13.5 million in Series B venture capital. The round is led by Chicago-based Jump Capital and includes GE Ventures, Two Roads Group and Pritzker Group Venture Capital. “Sight Machine is developing the technology that will bring [...]

By |2017-07-03T08:21:07-05:00March 22nd, 2016|

Best Tech Gifts 2015: Our Favorite Gadgets

After the holiday tinsel goes away, you're left with two piles of gifts: the ones that seemed cool, and the ones that are actually great. After reviewing hundreds of gadgets this year, we've made a list of stuff we'd actually buy for our loved ones- or even ourselves. Automatic... Read full article here...    

By |2021-02-06T14:48:57-05:00December 15th, 2015|

23 Impossibly Cool Gadgets For The Person Who Has Everything

12. The Automatic ($80) saves you money on gas by teaching you how to be a better driver. The Automatic adapter plugs into a vehicle’s standard diagnostics port (lol, did you even know that existed?) and pairs with a smartphone app that shows information like why the check engine light is on, feedback on how you can drive [...]

By |2015-12-15T20:41:22-05:00December 15th, 2015|

Partner Doug Neal Announced On Board Of MVCA

At the 2015 MVCA Annual Awards Dinner, the Michigan Venture Capital Association announced its 2016 executive committee and board of directors!  MVCA executive director, Maureen Miller Brosnan, commented, “MVCA is fortunate to have always had the right chairman at the helm of the organization at the right time.  MVCA Chairman Tony Grover, Managing Director with RPM Ventures, [...]

By |2017-07-10T09:55:48-05:00December 10th, 2015|

Rachio Collects $7.1 Million for Smart Sprinkler Controller

As the Western U.S. continues to face a drought, the startup Rachio Inc. has raised $7.1 million in Series A funding that aims to help people save water, Lora Kolodny reports for Dow Jones VentureWire. The company’s sprinkler controllers are Wi-Fi connected and can be controlled through iOS and Android smartphones or a Web app.   Read more here...

By |2021-02-06T14:48:57-05:00November 28th, 2015|

Akadeum Gets $1 Million Seed; Co-founder Joins Full Time

"Cell isolation technologies are becoming more and more important. Everyone is looking for easy, simple, low cost, and this promises to take care of all three. As far as early-stage technologies go, this is as promising as I've ever seen" -Bill Hyun (Director of the Laboratory for Advanced Cytometry at the University of California, San [...]

By |2017-07-03T08:21:30-05:00November 3rd, 2015|

Akadeum Aims to Disrupt Cell-Sorting Technology with Microbubbles

Akadeum Life Sciences is doing something that most biotechs don’t, says CEO Brandon McNaugton: practicing the lean startup method, which puts a heavy focus on customer discovery and feedback. It was this process of talking to customers that inspired Ann Arbor, MI-based Akadeum to develop the Application Discovery Program, a tool it uses to help customers with [...]

By |2021-02-06T14:48:57-05:00October 31st, 2015|

Why Passion and Preparedness Matter to Urban-Focused Investors

Detroit is considered by many to be the ultimate proving ground for social entrepreneurs, a place where they can test solutions to homelessness, lack of functioning public transit, and other major problems. Capitalizing on that reputation, the Urban Entrepreneurship Symposium—held Friday at Detroit’s College for Creative Studies and co-hosted by Michigan State University, Wayne State University, and the [...]

By |2021-02-06T14:48:58-05:00October 29th, 2015|

Lean Biotech Startup Akadeum Life Sciences Closes $1 Million in Financing

From blood to food to medicine, cells are all around us. However, the current methods of separating those cells from their surroundings for research, diagnostics, and cell therapy--also known as cell sorting--can be time-consuming, costly, and damaging to the cells. To address this, Ann Arbor-based startup Akadeum Life Sciences is developing a radically new product that uses [...]

By |2017-07-03T08:21:44-05:00October 9th, 2015|

Congratulations To Our Friend Alex Halderman Being Named One of Popular Science’s Brilliant Ten

Associate Professor J. Alex Halderman has been named one of Popular Science's 2015 Brilliant 10 for his work in computer security and privacy. From exposing the vulnerabilities in e-voting systems to making voting more secure, he is the epitome of a “bright young mind” that Popular Science selects for their annual list. Prof. Halderman has made many contributions in the area [...]

By |2015-09-26T22:43:17-05:00September 26th, 2015|

How Visionary Companies Are Solving Their Sales Challenges

As the mobile-enabled enterprise moves from being a tactical benefit to a strategic imperative, business leaders are able to quickly recognize the benefits. Seemingly on a daily basis, analysts are generating reports touting mobile-enablement’s effect on productivity and financial payback. Especially in areas such as revenue growth, sales effectiveness, and improved customer experience. Read more [...]

By |2015-09-23T21:36:16-05:00September 23rd, 2015|

Automating Industrial Intelligence

While the manufacturing industry focuses on connecting the Industrial Internet of Things, Sight Machine is extracting and analyzing existing data locked away on the factory floor. Read more here...    

By |2015-09-09T17:44:33-05:00September 9th, 2015|

Blue Medora Adds VMware As Investor In Series A Round

GRAND RAPIDS, Mich., Aug. 17, 2015 /PRNewswire/ -- Blue Medora, an innovator in the cloud systems management space, today announced VMware (NYSE:  VMW) as an investor in the recently announced Series A round of funding. The investment will help accelerate the development of Blue Medora's software solutions, which extend the functionality of VMware's cloud management Suite, VMware vRealize™. [...]

By |2021-02-06T14:48:58-05:00August 20th, 2015|

Blue Medora expands to Asia-Pacific market with new partnership

Enterprise software provider Blue Medora LLC has partnered with a Japanese I.T. firm in a move that will expand the Grand Rapids-based company’s reach into the Asia-Pacific market. The agreement involves Tokyo-based Computec Engineering Ltd., a provider of I.T., servers, applications and other services for more than a 1,000 clients. “(The partnership) gives us access to that market [...]

By |2021-02-06T14:48:58-05:00August 6th, 2015|

Blue Medora Closes $4.6 Million in Series A Funding

GRAND RAPIDS, Mich., June 29, 2015 /PRNewswire/ -- Blue Medora, an innovator in the cloud systems management space, today announced a $4.6 million Series A round of venture capital funding. The round was led by Ann Arbor-based Michigan eLab, with participation from current investors Start Garden, Grand Angels and other equity holders. The investment brings Blue Medora's total funding to $6 million and will be used to [...]

By |2021-02-06T14:48:58-05:00June 29th, 2015|

Inteva Products Selects Sight Machine for Manufacturing Analytics

SAN FRANCISCO--Sight Machine Inc., developer of the leading manufacturing analytics platform, today announced that Inteva Products LLC, a global automotive supplier of engineered components and systems, has selected Sight Machine’s manufacturing analytics solution for deployment in Inteva factories.

By |2015-05-20T16:38:37-05:00May 20th, 2015|

Akadeum Life Sciences spins out of local entrepreneurial ecosystem

Akadeum Life Sciences just landed a six-figure seed capital round. The $150,000 raise was led by Ann Abror-based venture capital firm Michigan eLab. "They are wicked smart entrepreneurs doing something really hard that will have a big impact on the world," says Doug Neal, managing director of Michigan eLab. "Those three criteria are really important to [...]

By |2017-08-25T09:21:49-05:00January 14th, 2015|

San Francisco Examiner

Parallels between entrepreneurism in Michigan and Silicon Valley where the region that launched the automobile industry reinvents itself. Is Detroit the new San Francisco?

By |2014-08-31T21:00:37-05:00August 31st, 2014|

The Detroit News

Michigan eLab Founder Rick Bolander is venture capital investor and director of Kajeet, a wireless service provider focused on education and child-friendly products. Detroit Public Schools use Kajeet to connect students who don't have Internet access from home.

By |2014-03-09T21:03:24-05:00March 9th, 2014|

Live in the D

Sandra Ali and Karen Drew of WDIV Detroit interview Michigan eLab coach David Tarver. 30 Years Ago Today

By |2014-02-13T21:10:16-05:00February 13th, 2014|

Concentrate Media

Michigan eLab portfolio company Fonemine to partner with Detroit-based VisionIT to open Ann Arbor design center. Innovation & Job News

By |2014-02-12T21:10:59-05:00February 12th, 2014|

Always On Top 100 VC List

Michigan eLab Partner Rick Bolander was honored on the 2013 Venture Capital 100 list. Rick's notable successes for the year included the IPO of Chegg where he led the Series A financing. The company went on to raise $200 million of venture capital from notable investors such as Foundation Capital, Insight Venture Partners, Kleiner Perkins, [...]

By |2021-02-06T14:48:58-05:00February 3rd, 2014|

Doug Neal’s Blog

Michigan eLab Partner Doug Neal shares his insights on entrepreneurship, venture capital, and Michigan. Doug's blog http://dougneal.me/

By |2021-02-06T14:48:58-05:00November 24th, 2013|

MLive – All Michigan

Ben Freed interviews Silicon Valley serial entrepreneur and Michigan eLab coach BV Jagadeesh:Silicon Valley entrepreneurs tell U-M students: 'Build something that will make a difference'

By |2013-09-13T21:15:13-05:00September 13th, 2013|

Crain’s Detroit

Tom Henderson interviews the eLab team: Silicon ... Michigan? Founders of VC fund whose hearts are here hope to build bridge to the Valley.

By |2013-07-21T12:30:54-05:00July 21st, 2013|

MITechNews.Com

Michigan eLab Seeks to Pump $40 Million into Promising U-M Startups. In the Breaking News section of Michigan Tech News by Mike Brennan.

By |2013-03-29T12:59:46-05:00March 29th, 2013|

Detroit Free Press

Venture firm taps into Ann Arbor's ideas and talent. Tom Walsh interviews Michigan eLab partners Scott Chou and Doug Neal.

By |2013-03-17T13:02:26-05:00March 17th, 2013|

Concentrate Media

Pure Michigan Venture Dev Fund invests $4.5M in Ann Arbor VCs. Michigan eLab receives $2.25 million from the Pure Michigan Venture Development Fund.

By |2013-02-06T13:02:57-05:00February 6th, 2013|

Michigan eLab Panel

What's next for entrepreneurship in Michigan? Doug Neal, Steve Blank, Rick Bolander, Paul Brown, Rich Sheridan, and Josh Linkner share why they are so excited about Michigan.

By |2012-11-14T13:05:48-05:00November 14th, 2012|

Forbes

Get Outta the Lab! eLab investor and entrepreneurial guru Steve Blank discusses the National Science Foundation I-Corps program.

By |2012-08-20T13:08:45-05:00August 20th, 2012|

San Francisco Chronicle

Patents a Priority for Startups SF Chronicle profiles eLab coach Jeffrey Schox who specializes in intellectual property strategy and patent filing for a startup-friendly fixed price.

By |2012-08-10T13:09:17-05:00August 10th, 2012|

Introducing Seelio

Michigan eLab congratulates Seelio on their launch. Resumes are so last century! Selio is a platform for students to distinguish themselves and connect with companies by posting their portfolios online.

By |2012-08-08T13:09:47-05:00August 8th, 2012|

Detroit Free Press

Michigan eLab: New Ann Arbor Venture Capital Firm Michigan eLab founder Doug Neal is interviewed by Nathan Bomey of the Detroit Free Press.

By |2012-08-05T13:11:31-05:00August 5th, 2012|
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