Ann Arbor SPARK Entrepreneurial Boot Camp

A seasoned entrepreneur will lead participants in two intensive days of learning how to identify critical issues for their business plans, including developing an elevator pitch, executive summary and ending with a pitch to a panel of venture investors.

Midwest Technology Leaders 2010

Automation Alley is presenting its sixth annual Midwest Technology Leaders conference, featuring peer-to-peer idea-sharing, motivational keynote presentations and networking opportunities. This year’s focus will be on creativity and innovation.

Automation Alley Defense Office Grand Opening

Automation Alley officially launches its defense office to help companies find new opportunities in the region’s growing defense sector. Companies can gain access to information and opportunities through the Diminishing Manufacturing Sources and Material Shortages (DMSMS) program, which identifies manufacturers capable of producing replacement parts for the Army that are no longer in production. These … Continue reading “Automation Alley Defense Office Grand Opening”

Courting an Investor: Designing a Seductive Business Narrative

This awfully sexy title for a workshop comes from Automation Alley, which is holding the event for entrepreneurs who want to understand the mindset of investors, learn the components of a successful investment pitch and hone their own approach to funding. Attendees will walk away with 2- and 10-minute pitch templates, information on the investor … Continue reading “Courting an Investor: Designing a Seductive Business Narrative”

Online Notebook Smackdown: Evernote Vs. Springpad

I’m a digital pack rat, which means I tend to get unreasonably excited about online notekeeping systems. I’m driven by the conviction that there’s got to be one best way to use the Internet to save and retrieve every bit of information I might want to look at later, whether that means Web clippings, important … Continue reading “Online Notebook Smackdown: Evernote Vs. Springpad”

Aptera Rolls Out Newest Model, Says It’s On the Road to Financial Stability

After lying low for much of the past year, startup automaker Aptera Motors of Vista, CA, said it has secured at least $10 million in VC funding and unveiled the latest version of its three-wheel vehicle—powered entirely by a battery from A123 Systems of Watertown, MA. At a media briefing staged yesterday in the hangar … Continue reading “Aptera Rolls Out Newest Model, Says It’s On the Road to Financial Stability”

For A123, Government Funding Brings Both Job Creation and Innovation, CEO Says

A123Systems president and CEO David Vieau says some investors have questioned whether the company’s aggressive pursuit of federal funding for lithium-ion battery production is a sign that the company doesn’t have a sustainble business without government support. But for A123 (NASDAQ: [[ticker:AONE]]), “it really is about jobs,” Vieau said yesterday at a fireside chat-style discussion … Continue reading “For A123, Government Funding Brings Both Job Creation and Innovation, CEO Says”

Where I’ve Been Lands $750,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7a2a64c9-56ea-41e3-b72e-83bb5f81a3c8&Preview=1 Date 4/14/2010 Company Name Where I’ve Been Mailing Address 1927 Milwaukee Ave Chicago, IL 60647 Company Description Whether you are filling out your map from your life-changing trip to Cambodia to making dinner reservations on a Friday night, Where I’ve Been now allows its users to find locally, travel globally and … Continue reading “Where I’ve Been Lands $750,000 New Funding Round”

The Real Truth About the iPad: A Non-Early Adopter Tests It Out, Pronounces It Lckig=ng (Typed on an iPad)

If you’re a fan of the TV show Supernatural, as the writer of this essay is, then at this point you might think a demon has taken possession of my colleague Wade Roush, who of course writes his World Wide Wade column every (or almost every) Friday. That would not be correct. But a demon … Continue reading “The Real Truth About the iPad: A Non-Early Adopter Tests It Out, Pronounces It Lckig=ng (Typed on an iPad)”

Sagent Pharmaceuticals Lands $40,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=489abbae-9276-4166-b63b-68eddfdc8033&Preview=1 Date 4/9/2010 Company Name Sagent Pharmaceuticals Mailing Address 1901 N. Roselle Road Schaumburg, IL 60195 Company Description SAGENT is a forward-thinking specialty injectables company that goes beyond just listening to what our customers have to say. We’re committed to responding to what we hear. With speed, with flexibility, and with efficiency. … Continue reading “Sagent Pharmaceuticals Lands $40,000,000 Series B Round”

Ycharts Garners Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54897d60-9922-477c-9bbc-af1afc5b6a88&Preview=1 Date 4/7/2010 Company Name Ycharts Mailing Address 333 W. Wacker Drive Chicago, IL 60606-1288 Company Description YCharts is growing rapidly… We are contributors to SeekingAlpha and syndicated to many of the top financial publications. Website http://www.ycharts.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Series A Proceeds Purposes The investment … Continue reading “Ycharts Garners Series A Funding”

DeVos Startup Explores Waste-To-Energy

A new company launched in March in the Southwest Michigan community of Portage, MI, promises to take waste heat from factories and turn them into electricity. Pro Renewables was created by Windquest Group, a Grand Rapids, MI-based investment firm, and Pro Services, a Portage-based mechanical contractor. Windquest Group is owned by former Michigan gubernatorial candidate … Continue reading “DeVos Startup Explores Waste-To-Energy”

The Apple iPad: Lightning Strikes Cupertino Again

How do you sell 300,000 of anything on the first day it’s in stores? By convincing people that it’s going to be even cooler than the last incredible thing you built. Steve Jobs and his crew pulled that off with the iPad, which has been breaking the sales records set by the iPhone in 2007. … Continue reading “The Apple iPad: Lightning Strikes Cupertino Again”

DIYSEO Lands $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=78c6264f-1342-4d93-aaeb-88afc7ec4def&Preview=1 Date 4/6/2010 Company Name DIYSEO Mailing Address 1333 N. Kingsbury St Chicago, IL 60642 Company Description We believe that every business can tell a great story, no matter how large or small the business size. DIYSEO was not thought of out of the blue. For many years, Patrick Gavin, a respected … Continue reading “DIYSEO Lands $1,000,000 New Funding Round”

Revolutionary or Evolutionary? The Results from Xconomy’s iPad Survey

More newsprint and pixels have been sacrificed to iPad punditry than to any other tech subject in recent memory. I’m responsible for a good deal of the carnage myself (here, here, here, and here). With the device finally hitting stores tomorrow, though, there was no way my column today would be about anything else. The … Continue reading “Revolutionary or Evolutionary? The Results from Xconomy’s iPad Survey”

NextCAT Testing Biodiesel

NextCAT, a Detroit-based developer of catalysts for biodiesel production, announced today that it has signed an option agreement to produce technology developed at the National Biofuels Energy Laboratory at Wayne State University. NextCat says its catalyst technology can take biomass not currently in the food stream, such as algae and recycled cooking oil, and convert … Continue reading “NextCAT Testing Biodiesel”

The Next Policy Battle For Biotech After Healthcare Reform

With a new healthcare bill (and its “fixes”) signed into law, one might think that the biotech industry could shift its attention away from Washington DC and get back to work in the labs. That would be wrong. Starting this month, we begin a two-year project that will culminate, if things go according to plan, … Continue reading “The Next Policy Battle For Biotech After Healthcare Reform”

Sakti3 Obtains $7,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b4b4886f-1bed-4334-a47b-94657561121c&Preview=1 Date 4/1/2010 Company Name Sakti3 Mailing Address 1000 Victors Way Ann Arbor, MI 48108 Company Description Sakti3 is a Michigan-based company that is developing an advanced solid-state rechargeable lithium-ion battery technology. We aim to further enable electric drivetrain vehicles that are capable of getting over 100 miles per gallon. Website http://www.sakti3.com … Continue reading “Sakti3 Obtains $7,000,000 Series B Round”

HighTower Advisors Receives $99,999,900 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9441ae43-7b24-4162-991c-05d1332281a7&Preview=1 Date 3/31/2010 Company Name HighTower Advisors Mailing Address 525 West Monroe Chicago, IL 60661 Company Description HighTower is a leading advisor-owned financial services company. HighTower Advisors are free of those conflicts typically found in traditional brokerage firms. We are totally independent, yet fully supported in both viewing the financial lives of … Continue reading “HighTower Advisors Receives $99,999,900 New Funding”

SpringCM Garners $6,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60ce9e40-e067-4366-a0cf-172000ffb46a&Preview=1 Date 3/31/2010 Company Name SpringCM Mailing Address 350 North Orleans Street Chicago, IL 60654 Company Description Our integrated subscription solution incorporates enterprise search, remote storage, collaboration and content distribution technologies completely on demand. SpringCM combines mature technologies with innovations from our R&D lab to offer applications designed to serve people, so … Continue reading “SpringCM Garners $6,000,000 New Financing Round”

ClearSaleing Lands $3,750,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dcc1f446-9ab1-4548-a47c-4b397f467fda&Preview=1 Date 3/31/2010 Company Name ClearSaleing Mailing Address 1177 Olentangy River Road Columbus, OH 43212 Company Description ClearSaleing, Inc. provides advertising portfolio management technology that helps marketers identify ways to more effectively and profitably allocate ad spend across a complex mix of online advertising investments. Website http://www.clearsaleing.com Transaction Type Venture Equity Transaction … Continue reading “ClearSaleing Lands $3,750,000 New Financing”

Radar Medical Systems Secures $400,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=378e1032-80f5-46d2-8dce-57b62e105544&Preview=1 Date 3/31/2010 Company Name Radar Medical Systems Mailing Address 5192 Chillicothe Road Chagrin Falls, OH 44022 Company Description Critical Test Results Management (CTRM) has garnered much attention in recent years as a significant opportunity to improve patient safety and outcomes. The Joint Commission’s #2 National Patient Safety Goal for 2007 is … Continue reading “Radar Medical Systems Secures $400,000 New Funding”

Activeion Cleaning Solutions Secures $2,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=425d36a1-b8b1-4931-9756-636a1ca5d163&Preview=1 Date 3/31/2010 Company Name Activeion Cleaning Solutions Mailing Address 21308 John Milless Drive Rogers, MN 55374 Company Description Our products are versatile, on-demand cleaning and sanitizing tools that activate and convert tap water into ionized water, a dirt-removing, bacteria-killing cleaner. Website http://www.activeion.com Transaction Type Venture Equity Transaction Amount $2,000,000 Transaction Round … Continue reading “Activeion Cleaning Solutions Secures $2,000,000 New Financing Round”

Liquid Glass Technologies Receives $25,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b0517e7-3ff3-4273-abef-6e83983a03f9&Preview=1 Date 3/31/2010 Company Name Liquid Glass Technologies Mailing Address 17938 N 680 E RD Fithian, IL 61844 Company Description The company provides other products and services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $25,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor IllinoisVentures

Horizon Therapeutics Receives $7,294,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ea6e458f-e4e3-4604-81c6-a17296122279&Preview=1 Date 3/31/2010 Company Name Horizon Therapeutics Mailing Address 1033 Skokie Boulevard Northbrook, IL 60062 Company Description Horizon Therapeutics, Inc. is a late stage biopharmaceutical company focused on the rapid development and commercialization of therapeutic treatments for mild-to-moderate pain management. The Company is building a novel portfolio of therapies through innovative combinations … Continue reading “Horizon Therapeutics Receives $7,294,000 New Financing”

Song Alive Garners $25,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=005c3fa8-dd82-45ef-b098-c3f83d795898&Preview=1 Date 3/31/2010 Company Name Song Alive Mailing Address Undisclosed Richmond, IL 60071 Company Description The company provides other products and services. Website Undisclosed Transaction Type Venture Equity Transaction Amount $25,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor IllinoisVentures

Melody Management Receives $250,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=906e44d6-9e0b-4a96-8463-c8fa178e6c43&Preview=1 Date 3/31/2010 Company Name Melody Management Mailing Address 118 Graceland Blvd. Columbus, OH 43214 Company Description The company develops an online software which provides digital music services. Website http://www.melodymanagement.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture Investor Jumpstart, … Continue reading “Melody Management Receives $250,000 New Financing”

Intervention Insights Lands New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a33fca11-6075-4bcf-afe4-dccb51f58150&Preview=1 Date 3/31/2010 Company Name Intervention Insights Mailing Address 710 Kenmoor Grand Rapids, MI 49546 Company Description OncInsights™ is Intervention Insights’ medical information service that combines cutting edge bioinformatics tools with disease insight to specify molecularly targeted drugs to help community oncologists develop informed treatment plans for their patients. Website http://www.interventioninsights.com Transaction … Continue reading “Intervention Insights Lands New Funding”

Synapse Biomedical Obtains $433,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a5598a4e-bd16-4b3f-a5ef-f7f8acb1dbff&Preview=1 Date 3/31/2010 Company Name Synapse Biomedical Mailing Address 300 Artino St. Oberlin, OH 44074 Company Description Synapse Biomedical Inc (SBI) was founded in September 2002 to commercialize the Diaphragm Pacing System that has been developed over a twenty-year period at Case Western Reserve University and the University Hospitals of Cleveland. The … Continue reading “Synapse Biomedical Obtains $433,000 New Funding”

No Time for the Academic Entrepreneur

The recurring question I hear from so many people in business is: “Why aren’t more startups generated by the university system?” It’s not an easy question, certainly not one to be solved in a single blog post. As I considered the many facets of academia that influence the actions of its researchers such as government … Continue reading “No Time for the Academic Entrepreneur”

Thermalin Diabetes Obtains $250,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2aa0e51a-eae9-4a3a-a311-1480c25a8d33&Preview=1 Date 3/29/2010 Company Name Thermalin Diabetes Mailing Address Undisclosed Cleveland , OH 44101 Company Description Thermalin Diabetes Inc. is developing a portfolio of insulin analogs to address both the fast-acting and long-acting insulin markets. Website http://www.thermalin.com Transaction Type Venture Equity Transaction Amount $250,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes were … Continue reading “Thermalin Diabetes Obtains $250,000 New Funding Round”

Hostway Lands $110,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6cd2b701-1f07-42a7-a2f1-80f495b92bd6&Preview=1 Date 3/29/2010 Company Name Hostway Mailing Address 100 N Riverside Chicago, IL 60606 Company Description Since opening our doors in 1998, Hostway has been committed to bringing the power of the Internet to our customers across the globe with innovative and easy-to-use products that are supported by unmatched customer service. One … Continue reading “Hostway Lands $110,000,000 New Financing Round”

Hemosphere Garners $9,350,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1bbc2045-7846-42b1-9787-ed1106f9e0b5&Preview=1 Date 3/29/2010 Company Name Hemosphere Mailing Address Undisclosed Eden Prairie, MN 55343 Company Description Hemosphere Inc., an Eden Prairie, Minn.-based maker of vascular access devices for dialysis patients. Website http://www.hemosphere.com Transaction Type Venture Equity Transaction Amount $9,350,000 Transaction Round Series A Proceeds Purposes Proceeds purposes were not disclosed. M&A Terms Venture … Continue reading “Hemosphere Garners $9,350,000 Series A Financing”

Nokia Acquires Novarra for Undisclosed Sum

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d40d96ae-7dcd-48d0-bba9-8d002e973e56&Preview=1 Date 3/29/2010 Company Name Novarra Mailing Address One Pierce Place Itasca, IL 60143 Company Description Novarra is the leader in Internet content transformation. Our solutions include rich operator portals, full Web and mobile search for mass-market phones to high-tier wireless devices. Website http://www.novarra.com Transaction Type M&A Transaction Amount Undisclosed Transaction Round … Continue reading “Nokia Acquires Novarra for Undisclosed Sum”

Heavy-Duty Hybrid-Electric Drive Maker Discloses its IPO—In Canada

Oops. In a debut that was largely overlooked by market watchers in San Diego and elsewhere, heavy-duty hybrid-electric drive systems maker ISE Corp. has announced its successful IPO last month on the Toronto Stock Exchange (TSX) under the ticker symbol ISE. The company, based in suburban Poway, CA, says its initial public offering of 3.45 … Continue reading “Heavy-Duty Hybrid-Electric Drive Maker Discloses its IPO—In Canada”

When Good Doctors Make Bad Decisions—The View from the Jury Box

On March 2, I reported to Suffolk County Superior Court for jury duty, certain that I’d be let go after my day of service or excused, just like every other time. So it was a bit of a shock to find myself seated, by the end of the day, as Juror No. 14 on a … Continue reading “When Good Doctors Make Bad Decisions—The View from the Jury Box”

A123’s Maria Thompson Retires

Maria Thompson, an Ann Arbor, MI, entrepreneur who helped develop the technology used in Watertown, MA-based A123Systems‘ lithium-ion automotive batteries, has retired. Thompson founded T/J Technologies in Ann Arbor in 1991. She guided the company’s development of nanophosphate technology that eventually attracted A123Systems, which bought T/J Technologies in 2006. After the acquisition, Thompson continued as … Continue reading “A123’s Maria Thompson Retires”

Startup Automaker V-Vehicle Hits Roadblock After Government Rejects $321M Loan Request

Plans by the famed Kleiner Perkins VC firm, Google, T. Boone Pickens, and other investors to launch a new automaker are now hanging by a thread. The Department of Energy has rebuffed San Diego-based V-Vehicle’s request for more than $321 million in loans—throwing into jeopardy the automaker’s ambitious plans to build an “environmentally friendly” car. … Continue reading “Startup Automaker V-Vehicle Hits Roadblock After Government Rejects $321M Loan Request”

Dodd Bill Could Render Startups Too Small to Succeed

Senator Christopher Dodd (D-Conn) recently introduced sweeping legislation that aims to rein in the excesses that led large financial institutions to become “too big to fail.” Somewhat ironically, it also has the potential, as one commentator put it, to make startups “too small to succeed.” In the rush to prevent future problems, we risk taking … Continue reading “Dodd Bill Could Render Startups Too Small to Succeed”

Calling All Carriers: Mobile Software Startups Question Relevance of CTIA Wireless Expo

The mobile technology extravaganza known as the International CTIA Wireless Conference starts today in Las Vegas. Many thousands will attend. Keynotes will be given by such luminaries as Dan Hesse, the CEO of Sprint Nextel; John Stanton of Western Wireless and McCaw Cellular fame (also former CEO of T-Mobile USA); Randall Stephenson, the CEO of … Continue reading “Calling All Carriers: Mobile Software Startups Question Relevance of CTIA Wireless Expo”

Why I’ve Abandoned Quicken, But Not Intuit

Somebody at Intuit must have seen the writing on the wall. Last September, the Mountain View, CA, software company, which has been selling PC-based personal finance programs since 1983 via floppy discs, CD-ROMs, and downloads, paid $170 million to buy a two-year-old Web startup called Mint.com. If you believe, as I do, that almost everyone … Continue reading “Why I’ve Abandoned Quicken, But Not Intuit”

Formspring.me Obtains $2,500,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2db04034-c033-4651-871d-c3b64cab2cc7&Preview=1 Date 3/18/2010 Company Name Formspring.me Mailing Address 6525 E. 82nd St Indianapolis, IN 46250 Company Description The Formspring.me product is still quite simple, enabling users to create a page inviting people to ask them anything, even anonymously. Wechsler said the company’s first priority is keeping up with infrastructure demands; it currently … Continue reading “Formspring.me Obtains $2,500,000 New Funding Round”

iGuiders Secures $700,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=60494ed8-cedb-46c8-b8c6-51d68e70bc81&Preview=1 Date 3/17/2010 Company Name iGuiders Mailing Address 29526 Bryce Road Cleveland, OH 44124 Company Description iGuiders™ was born out of a desire to vastly improve the internet search experience. It was founded by Jodi Marchewitz, an expert in Internet research. Jodi spent years consulting with companies on implementing marketing strategy, tactics … Continue reading “iGuiders Secures $700,000 New Financing Round”

From Main Street to Wall Street—10 Things a Startup Should Do to Groom Itself for an Eventual IPO

You’ve got the vision, the core team, and even a little money. You’re prepared to devote enormous time and energy to your new startup. You’re unsure what the future will bring but you want to preserve the possibility of going public some day. Here are 10 things you can do to put your startup on … Continue reading “From Main Street to Wall Street—10 Things a Startup Should Do to Groom Itself for an Eventual IPO”

Escanaba Firm Puts Green Tech on Buses

Three Michigan cities are trying out new technology to make their buses greener thanks to $538,000 in federal stimulus funds and an Upper Peninsula company. Engineered Machined Products, based in Escanaba, MI, is installing mini-hybrid thermal conversion kits on 19 buses in Bay City, Battle Creek, and Saginaw. The technology, originally developed for the U.S. … Continue reading “Escanaba Firm Puts Green Tech on Buses”