2
May
Square 1 Bank Carves Out a Niche as a Venture Debt Lender to Startups
Square 1 Bank, a division of Pacific Western Bank, has carved out a unique niche as a venture debt lender to life sciences and technology entrepreneurs as well as a financial services partner to venture capital firms. This dual role positions the bank as a valuable sponsor of the 2018... Read More
2
May
Automation Alley Positions Michigan as a Global Leader in Industry 4.0
Ready or not, Industry 4.0 is here. This so-called Fourth Industrial Revolution is rapidly transforming manufacturing in Michigan, in the U.S. and around the world. The velocity, scope and systems impact of these transformational changes is unprecedented in modern history. “The Fourth Industrial Revolution, a.k.a. Industry 4.0, brings a fusion... Read More
2
May
OXX Looks to MGCS Investors to Keep its Rugged Appliance Products Perking
OXX is serving up a novel appliance product line that it hopes will whet the appetite of investors at the Michigan Growth Capital Symposium in May. “Our mission is to be a rugged-appliance company with products spanning six broad categories,” says Kent Brown, who is chief executive of the... Read More
2
May
Kansas-based Novadiol Builds a Promising Drug Pipeline to Combat Kidney Disease
Novadiol is on a mission to improve the lives of people with chronic kidney disease (CKD). That’s a tall order for the six-year-old startup based in suburban Kansas City, Kansas. CKD has emerged as a silent killer that is spreading as fast as diabetes across the U.S. Each year,... Read More
2
May
Collabtic Helps Service Technicians Fix Problems Faster On the Job
The service industry is mired in a crisis. Products are becoming increasingly diversified and complex. Customers’ expectations for a quick fix when problems or breakdowns occur are rising. At the same time, experienced older technicians are retiring, leaving newcomers with considerably less on-the-job knowhow to pick up the slack. Mohan... Read More
2
May
3elms Looks to Expand its Life-Science Consulting Business as a MGCS Sponsor
Dan Chagnovich, MBA ’09, has worn a number of different hats over the course of his 17-year career. His pathway progressed from academic scientist to molecular-technology researcher at a big pharmaceutical company to research and business-development manager at a therapeutics startup. From there, he became a management consultant at a... Read More
2
May
SPLT CEO Anya Babbitt Reflects on the Ride-Sharing Startup’s Recent Acquisition by Bosch
It was official in February. Detroit-based ride-sharing startup Splitting Fares Inc. (SPLT) has been acquired by Robert Bosch GmbH and is now a wholly owned but independent subsidiary of the German technology and services supplier. Since its launch in New York City and its subsequent move to Detroit, SPLT has... Read More
2
May
2018 MGCS Panel Will Examine New Offensive Technologies for Managing Cybersecurity Risks
Hackers seem to dominate the headlines these days, as major companies ranging from Yahoo and Uber to Equifax and JPMorgan Chase report data breaches resulting in the theft of millions of consumers’ information. Blame it in part on the changes in the way people access and share sensitive information. The... Read More
2
May
Parabricks Lays the Groundwork for Transforming the Genomics Market
Mehrzad Samadi, Ph.D. ’14, began working on the development of high-performance computing technology while he was pursuing his doctoral degree in Computer Science and Engineering at the University of Michigan. At the time, co-founding a startup company with a fellow student and their faculty advisor was not on his radar.... Read More
2
May
2018 Biomedical Innovation Cup Will Showcase High-Potential Research Projects
Investors signed up for this year’s Michigan Growth Capital Symposium have an opportunity to get more bang for their buck by attending the 2018 Biomedical Innovation Cup pitch competition on Wednesday, May 16, directly following the symposium’s closing luncheon. Now in its fourth year, the Biomedical Innovation Cup complements the... Read More