Former Pre-Seed Funding Company Receives Venture Capitol Investment

Tangent Medical Technologies, a recipient of Pre-Seed Capital Funding in 2010 through Ann Arbor SPARK, has recently secured 4.5 million in venture capital to bring their product to market. This funding will accelerate the commercialization of Tangent’s medical device, the NovaCath™, which is designed to replace the intravenous drug systems that are currently used in hospitals. Tangent’s history with SPARK dates back to 2009, when they participated... [Read More...]

HookLogic Awarded $9.5M in Funding

HookLogic, the leader in e-commerce media, announced this week that it has been awarded a $9.5 million round of financing from Bain Capital Ventures. HookLogic will use the funding to further develop its unique Software-as-a-Service (Saas) platform and expand its business across the retail, travel and automotive sectors in North America and Europe. HookLogic is headquartered in New York. Its office in Ann Arbor is focused on developing software... [Read More...]

Michigan Pre-Seed Capital Fund Invests $2.5 Million in 2010

Several Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, pushing the total investments made through the Fund to over $11.6 million.  To date, 52 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones. “Companies that received support from the Michigan Pre-Seed Capital Fund are currently employing 285 people throughout... [Read More...]