Akadeum Life Sciences, Inc. is a life sciences company based in Ann Arbor, Michigan, founded in 2014. The company specializes in manufacturing microbubble cell separation products designed to facilitate the removal of target cells from biological samples. Its product line includes T cell and B cell isolation kits for both human and mouse cells, as well as products for red blood cell depletion. Akadeum utilizes buoyancy-activated cell sorting technology, employing microscopic microbubbles that capture target cells and float them to the surface for efficient removal. This innovative approach enhances the efficiency of downstream testing and analysis for medical practitioners. The company's products are available for purchase online, and it maintains a strategic partnership with Agilent Technologies.
ONL Therapeutics
Series B in 2020
ONL Therapeutics is a biopharmaceutical company focused on developing innovative therapeutics to protect and improve vision in patients with retinal diseases and conditions. Founded in 2006 and headquartered in Ann Arbor, Michigan, the company specializes in creating photoreceptor protective agents that target the FAS apoptotic pathway. Its drug programs aim to safeguard photoreceptors, thereby enhancing outcomes for patients undergoing surgeries related to retinal detachment and other serious vision-threatening issues. Through its research and development efforts, ONL Therapeutics seeks to provide effective solutions for preserving sight and improving the quality of life for individuals affected by these conditions.
Ripple Science
Seed Round in 2020
Ripple Science Corporation specializes in developing web-based software aimed at enhancing the recruitment and management of participants in clinical, translational, and social science studies. Founded in 2016 and headquartered in Ann Arbor, Michigan, the company offers solutions that streamline various aspects of the research process, including participant tracking, recruitment campaign management, and task management. Ripple Science's flagship product, Ripple SaaS, leverages sales and marketing automation tools to expedite participant recruitment, significantly benefiting academic researchers and clinical trial sites. Currently, its software is utilized by over 75 academic and research centers globally, including prestigious institutions such as Johns Hopkins University and the University of California, Los Angeles. By addressing the challenges of patient recruitment and engagement, Ripple Science enables researchers to enhance communication and collaboration, leading to more efficient study operations and quicker completion times.
KitoTech Medical
Convertible Note in 2020
KitoTech Medical is a medical device company based in Seattle, Washington, focused on developing and commercializing innovative products for wound closure and care. The company's flagship product, microMend, features a unique design that incorporates tiny Microstaples on an adhesive backing, resembling a butterfly bandage. This product is painless to apply and offers the holding strength of traditional sutures, making it suitable for closing surgical incisions and lacerations. Clinical studies indicate that microMend outperforms sutures in various clinical outcomes, including cosmetic results, and can be applied more quickly by a range of medical personnel, resulting in significant cost savings. microMend is marketed across numerous surgical specialties, as well as in dermatology and emergency medicine, with additional commercialization efforts targeting military applications. The potential market for microMend is substantial, estimated at over $600 million in the U.S. and around $2 billion globally. KitoTech Medical was founded in 2011.
Ocuphire Pharma
Seed Round in 2019
Ocuphire Pharma, Inc. is a clinical-stage biopharmaceutical company based in Farmington Hills, Michigan, dedicated to developing and commercializing therapies for various ophthalmic disorders. The company's primary focus is on innovative treatment options for front and back of the eye conditions, with its lead product candidate, Nyxol eye drops, currently in Phase 3 clinical development. Nyxol is a once-daily, preservative-free formulation aimed at addressing issues such as dim light or night vision disturbances, pharmacologically-induced mydriasis, and presbyopia. Additionally, Ocuphire is advancing another candidate, APX3330, a twice-daily oral tablet, which is entering Phase 2 clinical trials to target diabetic retinopathy and diabetic macular edema by inhibiting angiogenesis and inflammation. The company also seeks to explore opportunities for acquiring additional ophthalmic assets and forming strategic partnerships for global commercialization.
Ambiq Micro
Venture Round in 2018
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.
Micro-LAM
Angel Round in 2017
Micro-LAM Technologies, LLC, founded in 2012 and based in Battle Creek, Michigan, specializes in manufacturing precision laser-focused cutting tools. The company's flagship product is the Micro-LAM Optimus T+1, a hybrid laser-diamond cutting tool system designed for ultra-precision machining of advanced engineered ceramics, semiconductors, glass, metals, and other materials. In addition to its cutting tools, Micro-LAM offers feasibility analysis, process development, system customization, and installation and support services. These services include manufacturing setup evaluations, laser absorption tests, hardness reduction tests, sample machining, and value proposition analyses. The company serves a diverse range of industries, including optics, aerospace, defense and armor, semiconductor, and automotive.
HistoSonics
Series B in 2017
HistoSonics, Inc. is a medical technology company based in Plymouth, Minnesota, specializing in non-invasive tumor ablation systems. The company has developed the Edison Platform, which employs advanced imaging and proprietary sensing technology to deliver precise sonic beam therapy. This innovative platform utilizes histotripsy and focused sound energy to liquefy and destroy targeted tissues at the sub-cellular level, enabling personalized treatments. HistoSonics' technology allows physicians to monitor the treatment in real time, offering a safe alternative to traditional interventional and surgical methods, minimizing undesirable side effects often associated with these approaches. Incorporated in 2009, HistoSonics aims to enhance treatment outcomes through its pioneering non-invasive solutions.
Tetra Therapeutics
Series A in 2016
Tetra Therapeutics Inc. is a clinical-stage biotechnology company focused on developing pharmaceutical drugs that target phosphodiesterase (PDE) sub-type inhibitors for various neurological and non-neurological disorders. The company is known for its lead product, BPN14770, which aims to enhance brain synaptic function through the PKA-CREB pathway, addressing significant conditions such as Alzheimer's disease, schizophrenia, and developmental disabilities. Tetra Therapeutics also works on therapeutic solutions for individuals affected by traumatic brain injury and other psychiatric and neurodevelopmental disorders. Founded in 2011 and based in Grand Rapids, Michigan, the company was previously known as Tetra Discovery Partners, changing its name in August 2019. Tetra Therapeutics has established a strategic collaboration with Shionogi & Co., Ltd., and operates as a subsidiary of the same entity.
Tetra Discovery
Series A in 2016
Tetra Discovery Partners provides consulting services in drug discovery and development. They partner with Universities to commercialize intellectual property and conduct proprietary research on diseases affecting the central nervous system. Their research focuses on developing new treatments for depression and schizophrenia. Severe forms of depression affect 2–5% of the US population, while mood disorders impact 7% of the world’s population and rank among the top ten causes of disability.
Reconstruct
Seed Round in 2016
Reconstruct, Inc. specializes in predictive computer vision data analytics software tailored for construction projects. Its visual production management platform facilitates data collection through drones, fixed cameras, or mobile devices, enabling effective progress analysis and documentation. By visualizing images and 3D points aligned with Building Information Modeling (BIM), the platform enhances coordination and transparency among project stakeholders. It identifies locations at risk of delays, allowing for proactive weekly work planning, and integrates schedules with BIM animations to illustrate any changes in plans. Founded in 2016 and headquartered in Menlo Park, California, with an additional office in Champaign, Illinois, Reconstruct aims to improve construction management by fostering better communication and visibility, thereby mitigating risks and ensuring project returns on investment.
Bindplane
Series B in 2016
Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.
Gemphire Therapeutics
Debt Financing in 2016
Gemphire Therapeutics, a clinical-stage biopharmaceutical company based in Northville, Michigan, focuses on developing and commercializing therapies for dyslipidemia and nonalcoholic fatty liver disease (NAFLD/NASH). The company's lead product, gemcabene, is an oral medication designed to lower LDL cholesterol in patients who cannot achieve lipid-lowering goals, even while on maximally tolerated statin therapy. Gemphire has completed three Phase IIb clinical trials for gemcabene, targeting conditions such as homozygous familial hypercholesterolemia, hypercholesterolemia, and severe hypertriglyceridemia. Founded in 2014, the company aims to address unmet needs in cardiometabolic disorders and improve patient outcomes. In late 2019, Gemphire Therapeutics was acquired by NeuroBo Pharmaceuticals in a reverse merger transaction.
HistoSonics
Debt Financing in 2015
HistoSonics, Inc. is a medical technology company based in Plymouth, Minnesota, specializing in non-invasive tumor ablation systems. The company has developed the Edison Platform, which employs advanced imaging and proprietary sensing technology to deliver precise sonic beam therapy. This innovative platform utilizes histotripsy and focused sound energy to liquefy and destroy targeted tissues at the sub-cellular level, enabling personalized treatments. HistoSonics' technology allows physicians to monitor the treatment in real time, offering a safe alternative to traditional interventional and surgical methods, minimizing undesirable side effects often associated with these approaches. Incorporated in 2009, HistoSonics aims to enhance treatment outcomes through its pioneering non-invasive solutions.
Tetra Discovery
Seed Round in 2015
Tetra Discovery Partners provides consulting services in drug discovery and development. They partner with Universities to commercialize intellectual property and conduct proprietary research on diseases affecting the central nervous system. Their research focuses on developing new treatments for depression and schizophrenia. Severe forms of depression affect 2–5% of the US population, while mood disorders impact 7% of the world’s population and rank among the top ten causes of disability.
Bindplane
Series A in 2015
Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.
VNN, Inc. operates a prominent high school sports marketing and networking platform that serves as a digital hub for athletes, coaches, and fans. The platform enables athletes to upload videos, photos, stories, and scores, while allowing coaches to report game results to various media outlets. VNN is dedicated to enhancing the experience of high school sports by aggregating the fragmented market and providing advertising and promotional services. The company has established a significant presence, serving schools across multiple states, including Alabama, California, and Texas, and has gained a rapidly growing user base, with over 7 million fans engaging with the platform daily. Founded in 2010 and based in Grand Rapids, Michigan, VNN aims to transform the consumer experience in high school sports by leveraging technology and connectivity.
Tetra Discovery
Seed Round in 2013
Tetra Discovery Partners provides consulting services in drug discovery and development. They partner with Universities to commercialize intellectual property and conduct proprietary research on diseases affecting the central nervous system. Their research focuses on developing new treatments for depression and schizophrenia. Severe forms of depression affect 2–5% of the US population, while mood disorders impact 7% of the world’s population and rank among the top ten causes of disability.
Bindplane
Seed Round in 2013
Blue Medora Inc. is a software solutions provider based in Grand Rapids, Michigan, specializing in enhancing the visibility of cloud system management and application performance management. Founded in 2007, the company develops a range of product extensions for major platforms such as VMware vRealize Operations, Oracle Enterprise Manager, and IBM Tivoli Monitoring. Its offerings include management solutions that integrate with various databases and applications, such as Oracle, SAP HANA, Microsoft SQL Server, and NetApp Storage. Blue Medora's solutions facilitate the monitoring and troubleshooting of IT environments, providing analytics and capacity planning capabilities. The company also addresses limitations in traditional IT monitoring through its BindPlane service, which connects performance data across diverse sources. Blue Medora distributes its products through resellers and has established strategic partnerships with VMware, Oracle, and IBM to enhance its service offerings.
AzulStar
Venture Round in 2011
AzulStar, Inc. is a provider of 4G and 5G wireless broadband Internet and communications services, catering to commercial, government, and multi-tenant unit clients. Established in 2003 and based in Ada, Michigan, the company operates carrier-class networks in key markets in Michigan and New Mexico. AzulStar offers a range of services, including high-speed Internet access, managed wireless networking, and intelligent transportation solutions. The company utilizes open standards wireless technology and an all-IP wireless architecture to ensure high performance and reliability in its broadband offerings. AzulStar has received recognition for its innovative approaches and commitment to service quality in the wireless broadband access sector.
Tetra Discovery
Seed Round in 2011
Tetra Discovery Partners provides consulting services in drug discovery and development. They partner with Universities to commercialize intellectual property and conduct proprietary research on diseases affecting the central nervous system. Their research focuses on developing new treatments for depression and schizophrenia. Severe forms of depression affect 2–5% of the US population, while mood disorders impact 7% of the world’s population and rank among the top ten causes of disability.
TransCorp Spine
Series A in 2011
TransCorp Spine manufactures medical devices and procedures to restore spinal function and preserve healthy tissue. Its product includes SpinePort, a MIS access system. David Lowry, Des O'Farrell, and Scott Tuinstra founded TransCorp Spine in 2008. It has its headquarters in Byron Center in Michigan.
Janeeva
Venture Round in 2007
Janeeva is a provider of outsourcing relationship management software designed to enhance the governance of outsourced operations. Its flagship product, Janeeva Assurance, offers a comprehensive platform for governance groups, service providers, and internal customers to effectively manage their outsourcing relationships. Users can easily arrange additional resources, address issues, track service level agreements (SLAs), and compare performance across multiple providers. By fostering transparency and creating an institutional memory, Janeeva Assurance improves the efficiency of interactions, builds trust, and reduces missed opportunities. Additionally, the extensive data collected through the platform can be analyzed to uncover trends, identify process bottlenecks, and establish best practices, ultimately streamlining outsourcing management.
Accuri Cytometers
Series A in 2005
Accuri Cytometers was founded to address a compelling need: life scientists love the rapid cell-by-cell analysis capability of flow cytometers, but too few have a flow cytometer in their lab. The barriers for most researchers include cost of the instrument, complexity of the software, effort required for maintenance, and the large amount of bench space required for the instrument. As a result, the company is looking to develop affordable and robust cytometers.