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Michigan's Grand Ventures announces $50m early stage fund

Grand Ventures today announced its second fund to invest in early-stage companies. The Grand Rapids, MI firm tells TechCrunch that it aims to lead seed stage investments in startups solving problems facing the fintech, DevOps, and supply chain sectors. The $50m Fund II is managed by General Partners Tim Streit, Camila Noordeloos, and Nathan Owen.
United States Grand Rapids Nathan Owen Tim Streit Camila Noordeloos Grand Ventures
Source: yahoo.com

VC investments up 9% for Michigan companies, deals fall | Crain's Detroit Business

Venture capital investors put more money into Michigan-based companies last year, even as deal volume declined.In 2022, the VC sector invested $1.16 billion into companies in the state, an increase of more than 9 percent from the $1.06 billion invested in the prior year, according to a quarterlyโ€ฆ
United States Tim Streit Meagan Malm National Venture Capital Association Michigan Capital Network First Independence Bank

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Supply Chain Integration Platform Chain.io Secures $5M Funding Round

Share: Data integration provider Chain.io has raised $5 million in a funding round led by Grand Ventures and Mercury Fund.ย  Officials for the cloud-based platform said they will use the funds to fill a number of positions in sales, engineering, customer success and more. "We will be immediately deploying this capital to help expand our world-class supply chain integration network and help our customers develop their digital nervous systems throughout their extended supply chain," Brian Glick, ...
United States Tim Streit Brian Glick Mercury Fund Grand Ventures Honeywell Ventures

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