BELLE Michigan, LP

Michbelles is a Michigan-based investment firm established in 2011, specializing in seed and early-stage investments. The firm targets women-owned or managed enterprises within the manufacturing, life sciences, renewable energy, and technology sectors throughout the United States. Michbelles aims to support capital-efficient businesses that demonstrate unique products or services addressing urgent market needs. The firm not only seeks financial returns but also emphasizes the importance of human capital, investing in teams with strong domain expertise and a commitment to diversity in leadership. By focusing on high-growth, scalable companies, Michbelles provides vital resources and expertise to foster the development of women-led businesses in key industries.

Carolyn Cassin

Founder and General Partner

Nancy Philippart Ph.D

General Partner and Co-Founder

10 past transactions

Ulendo Technologies

Seed Round in 2022
Ulendo Technologies develops software solutions to enhance the speed, accuracy, and efficiency of advanced manufacturing machines. Its flagship product, Ulendo VC, doubles the speed of extrusion-based 3D printers by compensating for vibrations without compromising quality. The company also offers Ulendo Calibration-as-a-Service™, a subscription-based platform that rapidly calibrates printers, and Ulendo HC, which optimizes laser paths in metal LPBF printers to reduce deformation.

Vartega

Seed Round in 2022
Vartega Inc. is a technology development firm based in Golden, Colorado, that specializes in the recycling of carbon fiber, a strong and lightweight material used across various industries, including aerospace, automotive, wind energy, and sporting goods. Founded in 2014, Vartega employs a patented recycling process to transform carbon fiber scrap and waste into low-cost, high-quality products suitable for mass-market applications. The company’s offerings include semi-continuous, chopped, and milled carbon fiber, which can be utilized in thermoplastics, nonwoven fabrics, and molding compounds. By diverting carbon fiber waste from landfills, Vartega aims to enhance the sustainability of these industries, contributing to improved fuel economy and significant reductions in greenhouse gas emissions.

Vartega

Series A in 2021
Vartega Inc. is a technology development firm based in Golden, Colorado, that specializes in the recycling of carbon fiber, a strong and lightweight material used across various industries, including aerospace, automotive, wind energy, and sporting goods. Founded in 2014, Vartega employs a patented recycling process to transform carbon fiber scrap and waste into low-cost, high-quality products suitable for mass-market applications. The company’s offerings include semi-continuous, chopped, and milled carbon fiber, which can be utilized in thermoplastics, nonwoven fabrics, and molding compounds. By diverting carbon fiber waste from landfills, Vartega aims to enhance the sustainability of these industries, contributing to improved fuel economy and significant reductions in greenhouse gas emissions.

Sisu Global Health

Convertible Note in 2018
Sisu Global Health is a medical device manufacturer focused on developing innovative solutions for blood management in emergency situations. The company produces a handheld mechanical device designed to salvage, filter, and recycle blood from patients experiencing internal bleeding. This device is particularly useful during surgical procedures, as it allows healthcare professionals to collect blood lost from internal hemorrhages and use it to augment or replace donor blood. This technology is especially critical in cases of blunt trauma and complications during early pregnancy, thereby enhancing patient care and reducing reliance on donor blood in urgent medical scenarios.

Work Truck Solutions

Series B in 2017
Founded in 2012, Work Truck Solutions develops digital tools for marketing and lead generation in the commercial vehicle industry. The company serves original equipment manufacturers, body and equipment manufacturers, distributors, installers, and dealers across the United States. Its platform enables efficient display and management of commercial inventory online, facilitating sales and improving revenue.

Matterhorn

Series A in 2017
Matterhorn, developed by Court Innovations, is a cloud-based online platform that facilitates the resolution of legal cases, particularly for high-volume infractions and minor offenses. It allows users to select their court, search for their case, check status updates, and resolve issues online, streamlining the court process for both citizens and judicial systems. The platform empowers defendants to address minor violations informally and conveniently, without the necessity of hiring an attorney. By providing an accessible online negotiation system, Matterhorn enhances the efficiency of court operations, saving time and resources for both the courts and the individuals involved. Founded in 2014 and headquartered in Ann Arbor, Michigan, Court Innovations serves customers primarily in Michigan and Ohio.

Consortia Health

Seed Round in 2017
Consortia Health Holdings, LLC, based in Austin, Texas, specializes in rehabilitation services focused on pelvic floor health and incontinence treatment. The company offers advanced diagnostic testing and personalized therapy programs designed to address a range of pelvic floor disorders, including urinary incontinence, pelvic pain, and sexual health issues. With a team of highly trained technicians, Consortia Health aims to improve patient outcomes by providing comprehensive support that includes diagnosis, treatment, and educational resources. This approach empowers both women and men of all ages to regain control, strength, and confidence in their pelvic health.

Sisu Global Health

Seed Round in 2016
Sisu Global Health is a medical device manufacturer focused on developing innovative solutions for blood management in emergency situations. The company produces a handheld mechanical device designed to salvage, filter, and recycle blood from patients experiencing internal bleeding. This device is particularly useful during surgical procedures, as it allows healthcare professionals to collect blood lost from internal hemorrhages and use it to augment or replace donor blood. This technology is especially critical in cases of blunt trauma and complications during early pregnancy, thereby enhancing patient care and reducing reliance on donor blood in urgent medical scenarios.

Work Truck Solutions

Series A in 2014
Founded in 2012, Work Truck Solutions develops digital tools for marketing and lead generation in the commercial vehicle industry. The company serves original equipment manufacturers, body and equipment manufacturers, distributors, installers, and dealers across the United States. Its platform enables efficient display and management of commercial inventory online, facilitating sales and improving revenue.

AdAdapted

Seed Round in 2014
Founded in 2012 and headquartered in Ann Arbor, Michigan, AdAdapted provides a mobile advertising platform for consumer packaged goods (CPG) brands. Its platform enables CPG brands to directly target consumers within shopping apps at the moment of decision-making, revealing product preferences and shopping habits.
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