Algal Scientific Completes $3 Million Raise for Biotechnology Commercialization

NORTHVILLE, MICHIGAN, April 28, 2014 – Algal Scientific Corporation, a biotech developer and manufacturer of algae-based chemicals and a supplier of related technologies for the food and beverage industries, today announced that it has completed a $3 million financing led by Evonik Ventures, Formation8 Partners, and Independence Equity. “The completion of this funding allows us to begin the commercial scale production and sale of Algamune™,... [Read More...]

Ann Arbor SPARK Incubator Clients Awarded $650,000 Business Funding

The Ann Arbor SPARK Foundation recently presented the winners of the Accelerate Michigan Innovation Competition with their cash awards.  The competition’s grand prize of $500,000 in cash was awarded to DeNovo Sciences and the competition’s $150,000 prize was awarded to Fusion Coolant Systems. DeNovo Sciences accepts their award at the Michigan Life Sciences Innovation Center. “DeNovo Sciences and Fusion Coolant Systems highlight how having... [Read More...]

Accelerate Michigan Innovation Competition Re-cap!

This past November, Ann Arbor SPARK staff participated in the Accelerate Michigan Innovation Competition (AMIC). AMIC is a 3-day business plan competition highlighting Michigan’s most innovative companies, most of whom are poised to create an immediate economic impact within our state. With this year being the second year of the competition, it was exciting to see how the competition has grown and the statewide attention it has gained.  We met... [Read More...]

MLSIC Incubator Company Profile: Milad Pharmaceutical Consulting, LLC

Michigan Life Science and Innovation Center (MLSIC) — southeastern Michigan’s newest home for innovation-based business — welcomes Milad Pharmaceutical Consulting, LLC to its life science incubator. Milad offers clients pharmacokinetic and pharmacodynamic analysis. Pharmacodynamics explores what a drug does to the body, whereas pharmacokinetics explores what the body does to the drug. The company also offers clinical pharmacology expertise and... [Read More...]