Capital Midwest Fund

Capital Midwest Fund is a Wisconsin-based venture capital and private equity firm that focuses on early-stage investments in life sciences, information technology, advanced manufacturing, healthcare, consumer goods, and business services. The firm primarily targets opportunities within the Midwest region of the United States, with a particular emphasis on Wisconsin. Its investment strategy is designed to support innovative companies that demonstrate growth potential in these sectors.

Katy Almond

Associate

Eli Blee-Goldman

General Partner

Jacob DeZarn

Partner

Jacob DeZarn

Junior Partner

Daniel Einhorn

General Partner

Stephen Einhorn

General Partner

Michael Harper

Partner

Alvin Vitangcol

General Partner

Past deals in Michigan

LightGuide

Series B in 2021
LightGuide Inc., uses proprietary software and high-powered projector systems to guide and confirm the completion of complex tasks. From assembly to quality control to training, LightGuide Inc. technology provides the visualization, traceability, and flexibility demanded by leading companies worldwide. Key industries include aerospace, agriculture, automotive, energy, heavy equipment, and medical.

LightGuide

Series B in 2021
LightGuide Inc., uses proprietary software and high-powered projector systems to guide and confirm the completion of complex tasks. From assembly to quality control to training, LightGuide Inc. technology provides the visualization, traceability, and flexibility demanded by leading companies worldwide. Key industries include aerospace, agriculture, automotive, energy, heavy equipment, and medical.

AdAdapted

Series A in 2020
AdAdapted, Inc. is a mobile advertising platform designed for consumer packaged goods (CPG) brands and agencies. Founded in 2012 and based in Ann Arbor, Michigan, the company provides a solution that allows CPG brands to directly engage with their target consumers through native, non-disruptive ads in shopping and planning apps. This approach enables brands to reach consumers at critical decision-making moments, helping to integrate products into digital shopping lists. The AdAdapted platform also tracks consumer behavior, revealing preferences, shopping tendencies, and planning habits, thus offering valuable insights to CPG brands and retailers.

SkySpecs

Series C in 2019
SkySpecs automates the inspection, diagnostics, and maintenance of utility scale wind turbines with custom autonomous drones. The company develops an affordable form of energy, through the use of an automated drone inspection service and analytics platform that allows for repeatability, high-quality data, and safer inspections. SkySpecs was founded on 2012 and is based in Ann Arbor, Michigan.

SkySpecs

Series B in 2018
SkySpecs automates the inspection, diagnostics, and maintenance of utility scale wind turbines with custom autonomous drones. The company develops an affordable form of energy, through the use of an automated drone inspection service and analytics platform that allows for repeatability, high-quality data, and safer inspections. SkySpecs was founded on 2012 and is based in Ann Arbor, Michigan.

CytoPherx

Series C in 2012
CytoPherx (formerly Nephrion) clinical stage medical device company addressing inflammation-based diseases and conditions. The company’s products are custom configurations of a proprietary selective cytopheresis-based inflammation modulating system.