Beringea

Beringea is an international venture capital and private equity firm founded in 1988, with headquarters in Farmington Hills, Michigan, and additional offices in London and Manchester. The firm specializes in equity and debt investments in expansion or small buy-out stage companies across various sectors, including media, healthcare, life sciences, internet technologies, advanced manufacturing, clean tech, and specialized consumer goods. Beringea currently manages over 60 portfolio companies and is recognized for its role as co-manager of the Michigan Growth Capital Partners Funds in the U.S. and the ProVen VCT family of funds in the UK. With a combination of capital, experience, and a transatlantic presence, Beringea provides entrepreneurs with the resources needed to develop strategies, evaluate growth opportunities, and enhance company value.

Ben Bernstein

Principal

Benjamin Bernstein

Principal

Emma Biasiolo

Investment Manager

William Blake III

Partner

Shane Elliott

Partner - UK

Michael Gross

Managing Director

Gareth Hewins

CFO

Karen McCormick

Chief Investment Officer and Partner

Malcolm K.H. Moss

Founding Partner

Charles P. Rothstein

Founder and Senior Managing Director

Mark Shepherd

Investor

Mark Taylor

Partner and Head of Growth Finance

Steven Tuckley

Partner

Stuart Veale

Managing Partner - UK

Maria Wagner

Partner

Past deals in Michigan

Akadeum

Series B in 2021
Akadeum Life Sciences, Inc. is a life sciences company headquartered in Ann Arbor, Michigan, that specializes in manufacturing microbubble cell separation products. Founded in 2014, the company focuses on isolating mammalian and bacterial cells from complex mixtures, offering a range of products including T cell and B cell isolation kits for human and mouse cells. Additionally, Akadeum provides depletion microbubbles for red blood cell removal and streptavidin microbubbles for targeting and capturing various biological entities. Its innovative approach utilizes buoyancy-activated cell sorting, which employs microscopic microbubbles to effectively isolate target cells by floating them to the surface of liquid samples. These advancements enable medical practitioners to perform downstream testing and analysis with enhanced efficiency. The company sells its products online and has established a strategic partnership with Agilent Technologies.

Orbion Space Technology

Series B in 2021
Orbion Space Technology, Inc. specializes in the development and manufacturing of plasma propulsion systems designed for small satellites. Founded in 2016 and headquartered in Houghton, Michigan, the company provides electric propulsion technology that enables the last-mile delivery of spacecraft from launch vehicles to their designated orbits. This technology assists clients in maneuvering satellites in space, avoiding potential collisions, and ensuring safe de-orbiting at the conclusion of their mission lifetimes. Through its innovative propulsion systems, Orbion enhances the operational capabilities and longevity of small satellite missions.

Floyd

Series B in 2021
Floyd, Inc. is a furniture company based in Detroit, Michigan, that designs, manufactures, and retails a range of minimal home decor products, including beds, tables, shelves, and lamps. Founded in 2013, the company emphasizes durability and ease of assembly in its offerings, using materials such as cold-rolled steel finished with a protective powder coat. Floyd also operates an online marketplace, providing consumers with the convenience of ordering furniture tailored to their preferences, along with efficient shipping and transport options. The company aims to create furniture that not only meets aesthetic needs but also lasts a lifetime.

ATLAS Space Operations

Funding Round in 2020
ATLAS Space Operations, Inc. develops a software platform for users to gather information from space for use on the ground. The company offers ATLAS Freedom Software Platform, a cloud-based, software-only space management and control system that allows users to gather information from space for use on the ground. It offers features, such as software centric, cloud processing, flex scheduling, data movers, co-opt antennas, AWS services, and operates a cloud data center. It also provides communications services for space. The company was founded in 2015 and is headquartered in Traverse City, Michigan.

Floyd

Series A in 2018
Floyd, Inc. is a furniture company based in Detroit, Michigan, that designs, manufactures, and retails a range of minimal home decor products, including beds, tables, shelves, and lamps. Founded in 2013, the company emphasizes durability and ease of assembly in its offerings, using materials such as cold-rolled steel finished with a protective powder coat. Floyd also operates an online marketplace, providing consumers with the convenience of ordering furniture tailored to their preferences, along with efficient shipping and transport options. The company aims to create furniture that not only meets aesthetic needs but also lasts a lifetime.
Delphinus Medical Technologies, Inc. is a medical imaging company founded in 2009 and headquartered in Plymouth, Michigan, with a satellite office in Sunnyvale, California. The company specializes in the development and commercialization of SoftVue, a circular array transducer technology designed for ultrasound imaging of the entire breast. This innovative system allows for three-dimensional and tomographic imaging, enabling medical professionals to differentiate between benign and malignant masses, assess breast cancer risks, and diagnose breast diseases. SoftVue offers a non-invasive and comfortable screening experience for women, eliminating concerns about radiation. Delphinus Medical Technologies serves hospitals and imaging clinics both in the United States and internationally, focusing on improving early detection and monitoring of breast cancer.

Sakti3

Series C in 2015
Sakti3 is a Michigan-based company that is developing solid-state recharcheable lithium ion battery technology. The company aims to implement its battery technology in electric vehicles and portable electronics.

Dime

Series A in 2014
Detroit Institute of Music Education (DIME) is a music college like no other – custom built for serious musicians who desire a long term, professional career in modern music. The courses are designed to build strong musical foundations, that will lead to long and sustained careers in the music industry alongside gaining academic qualifications. DIME’s approach to Music Education is unique. Their measures of success are different from others. For instance, have you ever considered why highly technical music often reaches a smaller audience than ‘simple’ music? All of their high level courses are for musicians and entrepreneurs who wish to excel and maximize their musical ability, whilst learning how the industry works. At DIME, they never forget the importance of earning a living from music. Navigating your way round the music industry is a complicated business, and learning from experience is the best way. DIME’s founders and instructors have that experience. You will discover how to build your musical career from people who have enjoyed sustained success. At DIME, they allow you to specialize in songwriting, music entrepreneurship, guitar, bass, drums or vocals. They will help you direct all your energy towards the areas of your ability that will help you reach your personal goals. You will be studying classes such as Live Performance, Technical Development, Improvisation, Theory of Music and Ear Training and Music Business Studies. You will be playing in bands, meeting industry professionals, mastering technique, promoting your own shows, developing your voice, arranging your songs and many other exciting aspects of career development. Most of all, you will be part of a Musical Community of like-minded musicians and budding entrepreneurs.

MI Bioresearch

Series B in 2013
MI Bioresearch is a specialty contract research organization (CRO) providing in vivo preclinical imaging services. With a proven track record of imaging and drug discovery expertise, the company enhances preclinical and translational research through its in vivo pharmaco-IMAGING platform. This combination of traditional pharmacology and innovative imaging includes MRI, micro-CT, micro-PET, SPECT and optical (bioluminescence and fluorescence molecular tomography) tools to quantitatively measure the response to therapy at anatomical, functional and molecular levels. Molecular Imaging also provides supportive in vitro services. They have performed over 2000 cell line based traditional oncology studies and over 500 imaging enhanced studies since their founding in 2003.
Delphinus Medical Technologies, Inc. is a medical imaging company founded in 2009 and headquartered in Plymouth, Michigan, with a satellite office in Sunnyvale, California. The company specializes in the development and commercialization of SoftVue, a circular array transducer technology designed for ultrasound imaging of the entire breast. This innovative system allows for three-dimensional and tomographic imaging, enabling medical professionals to differentiate between benign and malignant masses, assess breast cancer risks, and diagnose breast diseases. SoftVue offers a non-invasive and comfortable screening experience for women, eliminating concerns about radiation. Delphinus Medical Technologies serves hospitals and imaging clinics both in the United States and internationally, focusing on improving early detection and monitoring of breast cancer.

Relume Technologies

Debt Financing in 2012
Relume Technologies is a manufacturer of highly efficient LED lighting products, utilizing its patented Silver Circuitry thermal management technology. Founded in 1994, the company has established itself as a leader in LED innovation by addressing the critical need for advanced thermal management alongside advancements in LED technology. Relume's products are designed for various outdoor applications, including commercial and traffic signage, street and area lighting, outdoor advertising, and military use. The company has also developed specialized lighting systems for safety-critical environments, such as mobile hospitals and command shelters. Additionally, Relume offers Sentinel, a networked lighting control and security system, further enhancing its portfolio in the lighting industry.

Livio Radio

Series C in 2012
Myine Electronics, LLC, doing business as Livio Radio, designs and manufactures electronic audio products. Its products include Bluetooth Internet radio car kits for iPhones and Android phones, and car audio players. The company also provides Livio Connect API, a middleware framework protocol that enables hardware to connect to and interact with various mobile phone applications. It offers its products through retailers, resellers, and online. Myine Electronics, LLC was formerly known as Myine Corporation. The company was founded in 2008 and is based in Ferndale, Michigan.

MI Bioresearch

Series A in 2012
MI Bioresearch is a specialty contract research organization (CRO) providing in vivo preclinical imaging services. With a proven track record of imaging and drug discovery expertise, the company enhances preclinical and translational research through its in vivo pharmaco-IMAGING platform. This combination of traditional pharmacology and innovative imaging includes MRI, micro-CT, micro-PET, SPECT and optical (bioluminescence and fluorescence molecular tomography) tools to quantitatively measure the response to therapy at anatomical, functional and molecular levels. Molecular Imaging also provides supportive in vitro services. They have performed over 2000 cell line based traditional oncology studies and over 500 imaging enhanced studies since their founding in 2003.

Relume Technologies

Series D in 2012
Relume Technologies is a manufacturer of highly efficient LED lighting products, utilizing its patented Silver Circuitry thermal management technology. Founded in 1994, the company has established itself as a leader in LED innovation by addressing the critical need for advanced thermal management alongside advancements in LED technology. Relume's products are designed for various outdoor applications, including commercial and traffic signage, street and area lighting, outdoor advertising, and military use. The company has also developed specialized lighting systems for safety-critical environments, such as mobile hospitals and command shelters. Additionally, Relume offers Sentinel, a networked lighting control and security system, further enhancing its portfolio in the lighting industry.

Sakti3

Series B in 2010
Sakti3 is a Michigan-based company that is developing solid-state recharcheable lithium ion battery technology. The company aims to implement its battery technology in electric vehicles and portable electronics.
Delphinus Medical Technologies, Inc. is a medical imaging company founded in 2009 and headquartered in Plymouth, Michigan, with a satellite office in Sunnyvale, California. The company specializes in the development and commercialization of SoftVue, a circular array transducer technology designed for ultrasound imaging of the entire breast. This innovative system allows for three-dimensional and tomographic imaging, enabling medical professionals to differentiate between benign and malignant masses, assess breast cancer risks, and diagnose breast diseases. SoftVue offers a non-invasive and comfortable screening experience for women, eliminating concerns about radiation. Delphinus Medical Technologies serves hospitals and imaging clinics both in the United States and internationally, focusing on improving early detection and monitoring of breast cancer.

Relume Technologies

Venture Round in 2009
Relume Technologies is a manufacturer of highly efficient LED lighting products, utilizing its patented Silver Circuitry thermal management technology. Founded in 1994, the company has established itself as a leader in LED innovation by addressing the critical need for advanced thermal management alongside advancements in LED technology. Relume's products are designed for various outdoor applications, including commercial and traffic signage, street and area lighting, outdoor advertising, and military use. The company has also developed specialized lighting systems for safety-critical environments, such as mobile hospitals and command shelters. Additionally, Relume offers Sentinel, a networked lighting control and security system, further enhancing its portfolio in the lighting industry.

gloStream

Series B in 2009
TRIARQ Practice Services provides electronic medical record software solutions for doctors in the United States. The company offers gloSuite, which includes gloEMR, an electronic medical record software; and gloPM, a practice management software application. Its products are sold and supported through a network of technology partners. The company has strategic partnerships with Alpha II; Apollo Health Street; CieloMed Solutions; Document Imaging Technologies; Emdeon; Gateway EDI; Kodak; LabCorp; MedFusion; Microsoft; Nuance; Quest; RealMed; SecureCare Technologies, Inc.; Surescripts; Topaz; Wacom; Wolters Kluwer Health; and Zenith Infotech. TRIARQ Practice Services was formerly known as gloStream, Inc. The company was founded in 2006 and is based in Troy, Michigan. TRIARQ Practice Services operates as a subsidiary of Triarq Health LLC.
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