Grand Ventures Closes Fund II, at $50M
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Source: finsmes.com
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Grand Ventures Raises $50 Million Fund to Invest in
The venture capital firm has raised over $80 million targeting Fintech, Supply Chain and DevOps companies...
Source: globenewswire.com
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.
Source: yahoo.com
Companies Sam Altman Invested in: Reddit, Neuralink, More
Sam Altman, who was president of Y Combinator until 2019, invested in several tech and energy companies, like OpenAI cofounder Elon Musk's Neuralink.
Source: businessinsider.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 quarterly…
Source: crainsdetroit.com