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...]
U-M Tech Transfer breaks records in tech commercialization
Officials at the University of Michigan Office of Tech Transfer like to say that they are striving for more quality start-ups rather than more stats. That doesn't mean they can't do both. The university recorded 101 license and options for its technology in the fiscal year ending on June 30. That's more than any other previous year. U-M researchers also recorded 322 inventions and filed for 122 patents. U-M also helped launch 11 start-ups... [Read More...]
U-M researchers develop high-tech laser for acne treatment, body fat removal
Say there was a device that could magically melt fat and make acne disappear. Too good to be true? Not if you're a researcher at the University of Michigan. The university's School of Medicine has developed a laser that has the potential to melt fat without harming surrounding tissue and could be used to treat acne. The laser has a 1,708-nanometer, infrared beam that takes advantage of a unique wavelength that fat can absorb more efficiently... [Read More...]
Akervall Technologies Repays $15,000 Michigan Microloan Fund Program Award
Sassa Akervall, COO of Akervall Technologies, and Skip Simms, senior vice president of Ann Arbor SPARK Akervall Technologies recently repaid its Michigan Microloan Fund Program award, making it the first microloan recipient to repay funding. The company, whose work on the innovative Protech Dent™ mouth guard was also awarded phase I SBIR funding, repaid its $15,000 microloan in just 15 months, nine months before it was due. “Akervall Technologies... [Read More...]
CytoPherx raises $5 million, moves toward commercialization
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Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program
Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products. Since the Michigan Microloan Fund Program was established in July 2009, 42 companies have received over $1.6 million... [Read More...]
Three More Companies Receive Microloans
Three Michigan companies recently received a combined total of $140,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.4 million. Detroit Electric, Ergun Technologies, and Local Orbit received the funding to support commercialization of their core products. Read about the companies. Read More →
Three Companies Receive Michigan Microloan Funding
Three Michigan companies recently received a combined total of $104,000 through the Michigan Microloan Fund Program. This brings the total amount invested through the Fund to over $1.3 million. Terra-Telesis, KnowledgeWatch, and uwemp received the funding to support commercialization of their core products. Terra-Telesis is based in Okemos and received Microloan funding for the commercialization of emerging technology based on its unique low profile,... [Read More...]
4 Companies Receive Michigan Microloan Funding
The Michigan Microloan Fund Program recently awarded four Michigan Companies a combined total of $122,000. Akervall Technologies, Blaze Medical Devices, Ellison Corp. and Waste Water Heat Transfers Systems all received the funding to support commercialization of their core products. Akervall Technologies are based in Ann Arbor and have developed the Protech Dent™ mouth guard. Blaze Medical Devices is also based in Ann Arbor and is developing... [Read More...]
3 Michigan Companies Receive Michigan Microloan
Ann Arbor SPARK is excited to announce that Inventure Enterprises, LED Optical Solutions and RiserCam have all received funding that will support the commercialization of their core products. Funding came from the Michigan Microloan Fund Program which has invested in total $1.1 million and collectively contributed $121,000 to these three new Michigan companies. Inventure Enterprises is based in East Lansing and is a global provider of management... [Read More...]
