NEW YORK (GenomeWeb) â Strata Oncology said today that it has raised $12 million in a Series A financing to fuel its tumor sequencing operations. The financing was co-led by Arboretum Ventures and Baird Capital, and included existing investor Michigan eLab. Ann Arbor, Michigan-based Strata said it will use the funds to implement the Strata [...]
Ann Arbor, MI-based precision medicine startup Strata Oncology announced last week that it has raised a $12 million Series A round. Arboretum Ventures and Baird Capital led the financing, with participation from Michigan eLab, a returning investor. Strata is on a mission to make tumor sequencing for cancer patients more accessible. As personalized genetic therapies to treat cancer advance and increasingly make [...]
Dan Rhodes said he got good advice in August on launching his new company, Strata Oncology Inc., at a conference put on by eLab Ventures, an Ann Arbor-based venture capital firm and one of his eventual investors. Called Michigan eLab Insights and held over three days at the Hotel Walloon on Walloon Lake near Petoskey, eLab's partners gathered [...]
A startup called Strata Oncology says it plans to give away advanced genetic tests to 100,000 patients struggling with cancer. But there's a profit motive: it hopes to identify patients with specific rare DNA errors and steer them to drug companies. Strata, which was founded last year and has raised $12 million from investors, says it [...]
SAN FRANCISCO, March 22, 2016â 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. âSight Machine is developing the technology that will bring [...]
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... Â Â
12. The Automatic ($80) saves you money on gas by teaching you how to be a better driver. The Automatic adapter plugs into a vehicleâs 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 [...]
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, âMVCA 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, [...]
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 companyâs sprinkler controllers are Wi-Fi connected and can be controlled through iOS and Android smartphones or a Web app.  Read more here...
"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 [...]
Akadeum Life Sciences is doing something that most biotechs donât, 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 [...]
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 Symposiumâheld Friday at Detroitâs College for Creative Studies and co-hosted by Michigan State University, Wayne State University, and the [...]
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 [...]
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 âbright young mindâ that Popular Science selects for their annual list. Prof. Halderman has made many contributions in the area [...]
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-enablementâs effect on productivity and financial payback. Especially in areas such as revenue growth, sales effectiveness, and improved customer experience. Read more [...]
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... Â Â
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 vRealizeâą. [...]
Enterprise software provider Blue Medora LLC has partnered with a Japanese I.T. firm in a move that will expand the Grand Rapids-based companyâs 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. â(The partnership) gives us access to that market [...]
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 [...]
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 Machineâs manufacturing analytics solution for deployment in Inteva factories.
SAN FRANCISCO--Sight Machine, developer of the leading manufacturing analytics platform, today announced it has been named to Gartner Inc.âs list of âCool Vendors in Manufacturing Operationsâ for 2015. Sight Machine is one of four companies profiled in the report.
Sight Machine Inc., a San Francisco-based company that uses cloud-based technology to monitor quality control on the factory floor, has closed on a venture-capital round of $5 million to ramp up its operations in Michigan. Â
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 [...]
Michigan eLab is an investment firm launched a little more than two years ago with the idea of bridging the entrepreneurial ecosystems of Michigan and Silicon Valley. Itâs well on its way to do that with its first two investments...
Michigan eLab has made its first local investment in Akadeum Life Sciences LLC, a startup that hopes to make it easier, cheaper and faster to prepare tissue, water or food samples for testing
Michigan eLab coach David Segura is appointed to President Obama's Committee for Trade and Policy Negotiations Â
Parallels between entrepreneurism in Michigan and Silicon Valley where the region that launched the automobile industry reinvents itself. Is Detroit the new San Francisco?
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.
Michigan eLab invests in Michigan Startups. MVCA
Sandra Ali and Karen Drew of WDIV Detroit interview Michigan eLab coach David Tarver. 30 Years Ago Today
Michigan eLab portfolio company Fonemine to partner with Detroit-based VisionIT to open Ann Arbor design center. Innovation & Job News
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, [...]
Michigan eLab Partner Doug Neal shares his insights on entrepreneurship, venture capital, and Michigan. Doug's blog http://dougneal.me/
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'
Tom Henderson interviews the eLab team: Silicon ... Michigan? Founders of VC fund whose hearts are here hope to build bridge to the Valley.
2 Ann Arbor VCs score Pure Michigan Venture Devevlopment Fund Investment. Article by Jon Zemke.
Michigan eLab Partners Dougl Neal, Scott Chou, Rick Bolander and Bob Stefanski are part of the teaching staff of this revolutionary NSF program addressing entrepreneurship and scientific innovation.
Michigan eLab Seeks to Pump $40 Million into Promising U-M Startups. In the Breaking News section of Michigan Tech News by Mike Brennan.
Venture firm taps into Ann Arbor's ideas and talent. Tom Walsh interviews Michigan eLab partners Scott Chou and Doug Neal.
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.
MEDC selects the Michigan eLab for investment. CBS Detroit Article.
eLab Partner Scott Chou makes the VC top 100 list.
eLab Partner Scott Chou speaks at AlwaysOn Venture Summit Silicon Valley 2012.
Michigan eLab Partner Rick Bolander opens the commentary on I-Corps, a revolutionary NSF program addressing entrepeneurship and scientific innovation.
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.
eLab Partner Scott Chou moderates panel on Mobile Social Media at CINA.
ABC News 7 reports that 27 teams from universities around the country participate in the I-Corps program led by Doug Neal.
Get Outta the Lab! eLab investor and entrepreneurial guru Steve Blank discusses the National Science Foundation I-Corps program.
Michigan eLab Connects Silicon Valley VC to U-M Entrepreneurs
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.