Capital Midwest Fund

Capital Midwest Fund is a venture capital firm headquartered in Mequon, Wisconsin, established in 2006. The firm focuses on early-stage investments across various sectors, including life sciences, information technology, advanced manufacturing, healthcare, and business services. Its investment strategy emphasizes opportunities within the Central United States, particularly in the Midwest and Wisconsin. Capital Midwest Fund actively seeks to support seed-stage, early-stage, and later-stage companies that demonstrate potential for growth and innovation in their respective fields.

Jacob DeZarn

Partner

Daniel Einhorn

General Partner

Stephen Einhorn

General Partner

Karen Hacker

Project Associate

Michael Harper

Partner

Alvin Vitangcol

General Partner

Past deals in Michigan

LightGuide

Series B in 2021
LightGuide Inc. is a developer of a patented industrial augmented reality platform that enhances manual assembly and manufacturing processes across various industries, including aerospace, agriculture, automotive, energy, heavy equipment, and medical. The company's proprietary software integrates seamlessly with existing production equipment and business information systems, allowing for easy modifications tailored to specific procedures. LightGuide's technology provides visualization, traceability, and flexibility, enabling organizations to standardize and improve efficiency while minimizing errors in complex tasks. By facilitating digital traceability in real-time, LightGuide supports companies in achieving more streamlined and effective production processes.

LightGuide

Series B in 2021
LightGuide Inc. is a developer of a patented industrial augmented reality platform that enhances manual assembly and manufacturing processes across various industries, including aerospace, agriculture, automotive, energy, heavy equipment, and medical. The company's proprietary software integrates seamlessly with existing production equipment and business information systems, allowing for easy modifications tailored to specific procedures. LightGuide's technology provides visualization, traceability, and flexibility, enabling organizations to standardize and improve efficiency while minimizing errors in complex tasks. By facilitating digital traceability in real-time, LightGuide supports companies in achieving more streamlined and effective production processes.

AdAdapted

Series A in 2020
AdAdapted, Inc. is a mobile advertising platform based in Ann Arbor, Michigan, that focuses on consumer packaged goods (CPG) brands. Founded in 2012, the company enables these brands to effectively target their primary consumers through native, non-disruptive advertisements in popular shopping list apps. By placing ads at critical decision-making moments, AdAdapted helps CPG brands enhance their visibility and influence purchasing behavior. The platform tracks consumer behavior, revealing insights into category preferences, shopping tendencies, and planning habits. AdAdapted serves a diverse clientele that includes CPG brands, agencies, and retailers, facilitating meaningful connections between brands and consumers in the digital shopping environment.

SkySpecs

Series C in 2019
SkySpecs, Inc. specializes in developing unmanned aerial vehicles designed to automate operations and maintenance for the wind energy sector. Based in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, wind turbine blade maintenance, and engineering projects. Its solutions feature Horizon, a software tool that facilitates collaboration and data management for blade operations and maintenance, enabling streamlined communication and efficient repair project execution. Founded in 2012, SkySpecs employs custom autonomous drones to perform inspections, diagnostics, and maintenance of utility-scale wind turbines, providing high-quality data and enhancing safety during inspections. The company aims to improve productivity and efficiency in the renewable energy industry through its innovative technologies and services.

SkySpecs

Series B in 2018
SkySpecs, Inc. specializes in developing unmanned aerial vehicles designed to automate operations and maintenance for the wind energy sector. Based in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, wind turbine blade maintenance, and engineering projects. Its solutions feature Horizon, a software tool that facilitates collaboration and data management for blade operations and maintenance, enabling streamlined communication and efficient repair project execution. Founded in 2012, SkySpecs employs custom autonomous drones to perform inspections, diagnostics, and maintenance of utility-scale wind turbines, providing high-quality data and enhancing safety during inspections. The company aims to improve productivity and efficiency in the renewable energy industry through its innovative technologies and services.

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.
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