Beringea Invests $6M For Michigan R&D Center

Beringea, a Farmington Hills, MI, venture capital firm, has invested $6 million in InTouch Health, a telemedicine company based in Santa Barbara, CA, which plans to use the Series D financing round to open an engineering research and development center in Michigan, according to an announcement today. The investment was made through Beringea’s InvestMichigan! Growth Capital Fund. InTouch plans to hire a team of advanced robotics engineers for the new Michigan center, according to Beringea.

Author: Howard Lovy

Howard Lovy is a veteran journalist who has focused primarily on technology, science and innovation during the past decade. In 2001, he helped launch Small Times Magazine, a nanotech publication based in Ann Arbor, MI, where he built the freelance team and worked closely with writers to set the tone and style for an emerging sector that had never before been covered from a business perspective. Lovy's work at Small Times, and on one of the first nanotechnology-themed blogs, helped him earn a reputation for making complex subjects understandable, interesting, and even entertaining for a broad audience. It also earned him the 2004 Prize in Communication from the Foresight Institute, a nanotech think tank. In his freelance work, Lovy covers nanotechnology in addition to technological innovation in Michigan with an emphasis on efforts to survive and retool in the state's post-automotive age. Lovy's work has appeared in many publications, including Wired News, Salon.com, the Wall Street Journal, The Detroit News, The Scientist, the Forbes/Wolfe Nanotech Report, Michigan Messenger, and the Ann Arbor Chronicle.