Blumira has just announced a Free security monitoring service edition of the company’s business threat monitoring and response security services. This creates a starter option for businesses wanting to add security monitoring and explore having a threat response team on call for cybersecurity threats.
Did you know that Michigan business incubator and support organization SPARK helps with guiding regional entrepreneurs through the startup process as well as helping them secure funding? Ann Arbor SPARK focuses mostly on tech businesses, but even if you’re not in the tech space (and even if you’re not in Michigan), you can find information about how to navigate the startup funding process on their website where they lay out the process of finding funding by growth stage. This handy and short guide can help you find local programs where you might find funding to tide you over until your business reaches growth stage.
The Clean Energy Business Network has created a database of funding opportunities for cleantech businesses. This helps pair eligible businesses with funding for climate technologies based on stage of the company or technology and by industry. As businesses become more aware of their climate impact and look for ways to green their business processes or technology, we wanted to highlight some ways to connect with people who can provide technology or help cleantech entrepreneurs grow their business anywhere in the U.S.
LG Energy Solution announced this week that they will invest $1.7 billion and create 1,200 jobs at the company’s current location in Holland to expand investment in EV battery production. LGES’s expansion quintuples the plant’s capacity to produce battery components as Michigan’s stake in the future of electric vehicles grows.
The University of Michigan’s enormous research enterprise contributed $97 million to Michigan’s economy over the past fiscal year, according to University of Michigan News sources. This supported employment and business development statewide. The report comes from the Institute for Research on Innovation and Science, which explored how university research spending impacts the economy.
Genomenon, Ann Arbor’s AI-driven genomics company, recently announced closing a $20 million Series B financing round. The funds will help expand the company’s commercial operations and the development of its genomic data hub. The Genomenon data hub works with genetic testing labs, hospitals, and biopharma companies by using artificial intelligence to organize genomic data and make it available to clinicians to diagnose patients with rare genetic diseases and cancer. The goal is to use genomics data to create precision medicine that target molecular drivers of disease.
MediView XR, a Midwest-based medtech startup out of Cleveland, just announced they have raised a $9.9 million round of funding. This round of SAFE financing was syndicated by Inside View Investments, LLC, a private investment firm.
Cleveland’s North Coast Ventures has raised another $38 million to invest in Midwest startup companies, after investing $60 million in 57 regional companies in the last few years. This VC fund focuses on scalable SaaS companies, so we thought we would profile a few of them for you to show you what firms like NCV are looking for in a software startup.
TC NewTech and other tech organizations including 20 Fathoms, Northern Michigan Angels, and Newton’s Road are about to host the Northern Michigan Startup Week from May 9-15, 2022.
New Enterprise Forum (NEF) recently announced the winners of its annual Entrepreneurship Awards. These awards are given in recognition of entrepreneurs’ achievements during the past year.
