Detroit – Page 64

Virtual Agora Receives $200,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15dc7f42-e1e8-4305-bd69-c6eae104008b Date 11/26/2013 Company Name Virtual Agora Mailing Address Undisclosed Bolingbrook, IL 60440 Company Description An attentive observer of political debates can arrive with a frustrating conclusion that for many debaters 2+2=4 is just an opinion, as good as 2+2=5. In social science facts are often not as clearly identifiable and measurable … Continue reading “Virtual Agora Receives $200,000 New Funding Round”

Virtual Agora Garners $200,000 New Financing

Hatfield Biodiesel Lands $612,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e50463f-887b-4798-9306-fb5a54b2d548 Date 11/26/2013 Company Name Hatfield Biodiesel Mailing Address Undisclosed Creston, IA 50801 Company Description We will produce high quality ASTM grade biodiesel through new technology that will not only cut down operating costs, but increase profits while ensuring our commitment to a product where quality is means everything. Website http://www.hatfieldbiodiesel.com Transaction … Continue reading “Hatfield Biodiesel Lands $612,000 New Financing”

Tweddle: Managing Auto Industry Info Since the Days of Movable Type

When I first met the guys from Tweddle, it was at a global telematics conference in June. Perhaps I had been spending too much time with tech startups, because I assumed Tweddle was one of those cutesy software startup names. Andrew Tweddle, president and CEO of Tweddle Group, quickly pointed out that it was actually … Continue reading “Tweddle: Managing Auto Industry Info Since the Days of Movable Type”

Gates Foundation Health Chief on Coaxing Pharma to Do Good

Bill Gates can summon the CEOs of every major global pharmaceutical company, and get them thinking and talking about things that won’t help them make more money. Pharma and biotech companies, cast as the villain pretty much everywhere, certainly like the PR boost they get from working with Gates and putting their immense resources to … Continue reading “Gates Foundation Health Chief on Coaxing Pharma to Do Good”

Vital Therapies Postpones IPO as Biotech Sector Chills

Life sciences IPOs ran into market resistance for the second consecutive week. San Diego-based Vital Therapies and Malvern, PA’s TetraLogic Pharmaceuticals both postponed their IPOs yesterday, according to the IPO research firm Renaissance Capital. Travena, another Pennsylvania biotech, scrapped its IPO earlier in the week, and two other life science companies, Oxford Immunotec and Evogene, … Continue reading “Vital Therapies Postpones IPO as Biotech Sector Chills”

Bogobrush: A Biodegradable Toothbrush for the Socially Minded

Heather and John McDougall, two kids from North Dakota, grew up watching their dentist father throw himself wholeheartedly into his profession, serving on the boards of state and national dental associations. So perhaps it’s no surprise that when the McDougall kids decided to launch a company, it ended up being a toothbrush startup. But Bogobrush … Continue reading “Bogobrush: A Biodegradable Toothbrush for the Socially Minded”

A 21st-Century Bill of Consumer Product Rights

Among the great innovations of the 21st century are products that are cloud-connected and update and improve automatically. For software, gone are the days of having to buy a new version of physical media (disks or CDs). For hardware it’s the magical ability to have a product get better over time as new features are … Continue reading “A 21st-Century Bill of Consumer Product Rights”

Reverb.com Receives $2,300,000 Series A Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3283a15c-3893-4ffa-bffb-a8f38aeedfb5 Date 11/21/2013 Company Name Reverb.com Mailing Address 3323 1/2 North Paulina Chicago, IL 60657 Company Description Our mission is to make the buying and selling of vintage and used instruments fun, affordable, easy, and reliable. We strive to build a marketplace that empowers musicians to maximize the value of their gear. … Continue reading “Reverb.com Receives $2,300,000 Series A Financing”

Juventas Therapeutics Garners $5,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=265c44d9-512a-4b7b-ba95-de255b8c7bce Date 11/21/2013 Company Name Juventas Therapeutics Mailing Address 3615 Superior Avenue Cleveland, OH 44114 Company Description Juventas Therapeutics is a privately held biotechnology company developing a pipeline of regenerative therapies to treat life–threatening diseases. The company’s lead product, Stromal–cell Derived Factor 1 (SDF–1), has been shown to protect and repair tissue … Continue reading “Juventas Therapeutics Garners $5,000,000 New Funding”

Zipscene Garners $3,750,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=42007199-cea0-4a86-a1d0-f05f0a28e04e Date 11/21/2013 Company Name Zipscene Mailing Address 2712 Vine St Cincinnati, OH 45219 Company Description Zipscene is a complete, digital marketing solution for restaurants designed with two simple goals: keeping their very important guests coming back and bringing in new guests. We do this by carefully analyzing the restaurant’s data to … Continue reading “Zipscene Garners $3,750,000 New Financing Round”

Everpurse Receives $25,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d6837183-7c0c-4de2-9b6e-75c2df27ec01 Date 11/21/2013 Company Name Everpurse Mailing Address 212 W. Superior St. Chicago, IL 60654 Company Description Everpurse has a special charging pocket into which you place your smartphone. Our patent-pending docking system guides your phone smoothly onto a dock connector at the bottom—so you don’t have to fish for a cord! … Continue reading “Everpurse Receives $25,000 Seed Financing Round”

Varsity News Network Aims to be “ESPN.com for High School Sports”

After Varsity News Network (VNN) was announced last week as the grand prize winner of the Accelerate Michigan Innovation Competition, it may have been a surprise to those of us who aren’t familiar with the entrepreneurial scene on the West side of the state. But it turns out VNN, the Web-based platform promoting high school sports, … Continue reading “Varsity News Network Aims to be “ESPN.com for High School Sports””

To Tell the Story of Innovation in Detroit, Xconomy Needs Your Help

Whenever I’m describing Xconomy to someone who hasn’t come across our website before, I rattle off the names of the eight high-tech hubs where we have bureaus, in the order we opened them: Boston, Seattle, San Diego, Detroit, San Francisco, New York, Boulder/Denver, and Texas. At that point, the listener usually exclaims “Detroit! Why Detroit?” … Continue reading “To Tell the Story of Innovation in Detroit, Xconomy Needs Your Help”

A Few Good Mentors: A DIY Mentor Program for Startup Communities

I’m going to go out on a limb here. I guarantee that good startup mentors exist everywhere, even in your neck of the woods. Without any more evidence than my personal experience—working alongside hundreds of mentors and entrepreneurs around the globe, including such far-off places as Brussels, Moscow, and Kuala Lumpur—I’m willing to bet there … Continue reading “A Few Good Mentors: A DIY Mentor Program for Startup Communities”

Catalyze.io Garners Series A Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a665b25b-a5bd-459a-9c1f-10c591bb9710 Date 11/20/2013 Company Name Catalyze.io Mailing Address 309 North Water St. Milwaukee, WI 53202 Company Description Catalyze makes it faster and cheaper to find your product market fit, and you won’t pay a thing until you do. We scale to keep up with your breakout success! We’re bringing the best of … Continue reading “Catalyze.io Garners Series A Financing Round”

Quietyme Obtains $50,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3f22c949-297c-4b98-8e3f-73675e038c5c Date 11/20/2013 Company Name Quietyme Mailing Address Undisclosed Neshkoro, WI 54960 Company Description Hotel noise is eliminated with the noise level monitoring service Quietyme provides. Quietyme enables property managers and hotel managers to give their residents a better night’s sleep by quieting noisy neighbors. Website http://www.quietyme.com Transaction Type Accelerator Transaction Amount … Continue reading “Quietyme Obtains $50,000 Seed Financing”

Ceuticare Garners $50,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df988035-1e78-4d44-83bd-7c00ec2e1041 Date 11/20/2013 Company Name Ceuticare Mailing Address Undisclosed Toledo, OH 00011 Company Description In 2012, US healthcare costs hit $2.6-trillion and 75% of that went to treating chronic disease. Chronically ill patients experience costly complications when, over time, their medication regimen becomes less effective in treating their disease. CeutiCare improves patient … Continue reading “Ceuticare Garners $50,000 Seed Round”

Purple Binder Garners $50,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=089945e5-96f9-4b32-b17e-830084ec9f02 Date 11/20/2013 Company Name Purple Binder Mailing Address 222 W. Merchandise Mart Plaza Chicago, IL 60654 Company Description Purple Binder connects community services with the people who need them. For our team of problem-solvers, Purple Binder is about contributing to communities through innovative, rewarding work. Website http://www.purplebinder.com Transaction Type Accelerator Transaction … Continue reading “Purple Binder Garners $50,000 Seed Round”

Opternative Receives $50,000 Seed Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f18921e5-0c22-46ee-96dc-997674748f07 Date 11/20/2013 Company Name Opternative Mailing Address 321 N. Clark St. Chicago, IL 60654 Company Description In an era where time, money and convenience are more important than ever, Opternative seeks to improve the process by which consumers receive eye examinations by launching the world’s first online eye examination. Website http://www.opternative.com … Continue reading “Opternative Receives $50,000 Seed Funding”

PatientConnecter Garners $50,000 Seed Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e831a78b-a77b-4765-81d5-cb5d5db90bb0 Date 11/20/2013 Company Name PatientConnecter Mailing Address Undisclosed Chicago, IL 60601 Company Description PatientConnecter’s Mobile-as-a-Service Platform is a patient-centered delivery system utilizing the Triple Aim approach. Website http://www.patientconnecter.com Transaction Type Accelerator Transaction Amount $50,000 Transaction Round Seed Proceeds Purposes The company will use the proceeds to accelerate its initial development. M&A … Continue reading “PatientConnecter Garners $50,000 Seed Round”

Ludi Secures $50,000 Seed Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=256e2add-193b-4dea-864a-f4cd8c2f0b86 Date 11/20/2013 Company Name Ludi Mailing Address 4312 N Francisco Ave Chicago, IL 60618 Company Description Ludi enables hospitals and health systems to align, creatively design and actively manage the return on investment in physician-hospital agreements. Every day the Department of Justice, the Office of Inspector General, and the Centers for … Continue reading “Ludi Secures $50,000 Seed Financing”

My Adventures with Aereo and Cutting the Cable Cord

A few weeks ago, Xconomy’s Wade Roush wrote a blistering piece suggesting that all of us old-school suckers still paying $80-plus per month for cable were making it possible for him to live the dream. “After all, your money goes straight to the studios and networks that produce and distribute all the expensive first-run programming … Continue reading “My Adventures with Aereo and Cutting the Cable Cord”

As Total U.S. IPOs Mount, Several Biotech Deals Stumble

With less than six weeks remaining in 2013, the number of U.S. IPOs continues to mount at a rate unseen since the financial meltdown of 2008. Ten companies are set to go public on U.S. markets this week, according to Renaissance Capital, the IPO investment firm based in Greenwich, CT. That includes Vital Therapies, a … Continue reading “As Total U.S. IPOs Mount, Several Biotech Deals Stumble”

Futuristic “Human-on-Chip” Models Will Help Drug Development

The pharmaceutical industry needs better scientific models for testing drugs before they get to the proving ground of human clinical trials. Current lab dish models and animal testing models are time-consuming, expensive and chronically unable to predict which drugs are going to work in clinical trials. The industry is crying out for new modes of … Continue reading “Futuristic “Human-on-Chip” Models Will Help Drug Development”

AgeneBio Secures $1,000,113 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b39532e6-75a0-40ae-a5d9-45a231879354 Date 11/19/2013 Company Name AgeneBio Mailing Address 11711 North Meridian Street Carmel, IN 46032 Company Description AgeneBio is a neuroscience pharmaceutical company founded by Dr Michela Gallagher in 2008 that is focused on developing treatments for diseases that impact memory. The initial therapeutic targets are Amnestic Mild Cognitive Impairment (aMCI) and … Continue reading “AgeneBio Secures $1,000,113 New Funding Round”

U-M Opens MCubed Portal to the Public to Fund Fast Innovation

The University of Michigan said on Friday it will open its online MCubed seed-funding portal to the public. Any person or organization can nominate a problem or research project for $75,000 in funding. If at least three faculty members agree that it’s a good potential study topic and “cube” around the project, the $75,000 funds … Continue reading “U-M Opens MCubed Portal to the Public to Fund Fast Innovation”

The Biotech Startup Class of 2013: Don’t Worry, It’s a Short List

[Updated: 12:45 pm PT 12/13/13] We’ve heard a lot this year about the IPO boom for biotech companies. Even after a few high-profile blowups (Ariad, Sarepta), the public biotech stock indexes are still outperforming the Nasdaq Composite Index and S&P 500. Some biotechs have been acquired for megabucks (Onyx, ViroPharma). We’ve heard about another biotech … Continue reading “The Biotech Startup Class of 2013: Don’t Worry, It’s a Short List”

BidPal Receives $975,800 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a8df4286-6d74-488f-8507-1f9533617588 Date 11/18/2013 Company Name BidPal Mailing Address 8440 Woodfield Crossing Blvd Indianapolis, IL 46240 Company Description BidPal Network has developed an innovative solution that wirelessly automates and accelerates the auction process. BidPal’s system enables guests to place bids on silent auction items at any time and from anywhere during the event. … Continue reading “BidPal Receives $975,800 New Financing Round”

Sittercity Secures $13,000,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=acae50ff-65cf-4415-bd0e-387dbea06d3a Date 11/18/2013 Company Name Sittercity Mailing Address 20 W. Kinzie St. Chicago , IL 60654 Company Description At Sittercity, our mission is to connect parents with caregivers in their area to give each side what they want – some time off for adults-only activities and access to a multitude of child … Continue reading “Sittercity Secures $13,000,000 New Financing”

Sittercity Receives $13,000,000 New Funding

TheraVasc Garners $172,501 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=54701070-d245-42dc-baff-47867ca7cf42 Date 11/18/2013 Company Name TheraVasc Mailing Address 10000 Cedar Ave Cleveland, OH 44106 Company Description TheraVasc, Inc. is a privately-held biotechnology company with offices in Louisiana, focused on the development of novel vascular therapies with decreased risks through the repositioning of drugs with known safety profiles. The Company’s first program is … Continue reading “TheraVasc Garners $172,501 New Funding Round”

Hamburger Heaven: Business Lessons from a Child’s Bookshelf

Perhaps because I have a sales/marketing/product background, or perhaps because sales/marketing/product development are such a focus of conversation when you hang around with entrepreneurs, I am often asked what business book I would most recommend on these topics. I am sure that most would expect me to recommend one of the “classics,” such as Clayton … Continue reading “Hamburger Heaven: Business Lessons from a Child’s Bookshelf”

Accelerate Michigan Innovation Competition Winners Announced

Yesterday, the winners of the annual Accelerate Michigan Innovation Competition were announced after a two-day competition at the Book Cadillac Hotel in downtown Detroit. At stake was more than $1 million in cash prizes, plus awards of services, staffing, and software. More than that, Accelerate Michigan winners are usually considered among Michigan’s most promising startups and … Continue reading “Accelerate Michigan Innovation Competition Winners Announced”

The Hottest High-Tech Toy of 2013: Anki’s iPhone-Driven Robot Cars

If you had wandered up to the second floor of the Apple store in San Francisco on a Thursday evening a couple of weeks ago, you would have seen an unusual spectacle. The big wooden tables were cleared of the usual iPads and MacBooks, and in their place visitors had laid out large sheets of … Continue reading “The Hottest High-Tech Toy of 2013: Anki’s iPhone-Driven Robot Cars”

TradingView Receives $500,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c590080c-ec91-4c43-9d9a-2f8c8c9ab15d Date 11/15/2013 Company Name TradingView Mailing Address 470 Olde Worthington Road Westerville, OH 43082 Company Description TradingView is an innovative venture by a group of developers and traders with experience of building trading software, who share a vision that trading technology should be easy, powerful and accessible to everyone. Website http://www.tradingview.com … Continue reading “TradingView Receives $500,000 Series A Round”

TradingView Lands $500,000 Series A Funding

BrightTag Obtains $27,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2c18cd30-f0c4-4ef9-8989-67bf7d63d7c8 Date 11/15/2013 Company Name BrightTag Mailing Address 440 N. Wells Chicago, IL 60654 Company Description BrightTag helps you manage any kind of tag (what’s a tag?) and even remove third-party tags altogether. Improve your ability to leverage data for marketing efforts by gaining transparent control over the data collection process. Website … Continue reading “BrightTag Obtains $27,000,000 New Financing Round”

WellFount Obtains $1,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d2b11c1-438d-49e8-8d7f-9f3a011ec9f3 Date 11/15/2013 Company Name WellFount Mailing Address 5751 W 73rd St Indianapolis, IN 46278 Company Description The InSite Remote Dispensing System is the first medication management system designed to meet the unique challenges of long-term care facilities like yours. It enables timely, pharmacist-approved, on-demand medication dispensing right at your facility. Website … Continue reading “WellFount Obtains $1,000,000 New Financing Round”

In Defense of Sarepta’s Chris Garabedian

Anyone who follows the biotechnology industry surely is aware of the setback Cambridge, MA-based Sarepta Therapeutics (NASDAQ: [[ticker:SRPT]]) experienced this week after FDA changed their mind about the company’s ability to request early approval for its Duchenne Muscular Dystrophy drug, eteplirsen, on the basis of an encouraging Phase IIb study of 12 patients. However, the … Continue reading “In Defense of Sarepta’s Chris Garabedian”

The Future of Microsoft Research: One on One With New Boss Peter Lee

How do you help invigorate the Microsoft machine? Well, for Peter Lee, the answer lies in the frontiers of computer science. Lee is the new managing director of Microsoft Research, the company’s global research arm. His job is to help his parent company, not always quick on the uptake with emerging technology, understand the latest … Continue reading “The Future of Microsoft Research: One on One With New Boss Peter Lee”

A Year After TechStars, Fetchnotes Focuses on Stickier Sharing

When we last caught up with the University of Michigan student startup Fetchnotes, the team was preparing for a stint in the elite TechStars Boston accelerator, the first U-M student startup to do so. Now, a year later, the digital note-capturing/life organizing service is relaunching today with a majorly overhauled iPhone app that includes a … Continue reading “A Year After TechStars, Fetchnotes Focuses on Stickier Sharing”

Coskata Lands $2,855,374 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a7b9764-8842-464f-94ff-2f4fc06b4144 Date 11/13/2013 Company Name Coskata Mailing Address 4575 Weaver Parkway Warrenville, IL 60555 Company Description Coskata is a biology-based renewable energy company that is commercializing technology to produce biofuels from a wide variety of feedstocks. Using proprietary microorganisms and transformative bioreactor designs, the company projects that it will be able to … Continue reading “Coskata Lands $2,855,374 New Financing Round”

ReconRobotics Secures $100,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4dd3c849-de90-4f30-a94e-562193b1ffeb Date 11/13/2013 Company Name ReconRobotics Mailing Address 7620 West 78th Street Edina, MN 55439 Company Description The company designs, manufactures, deploys and supports miniature robotic systems and distributed robotic teams. These robots are specifically designed to provide real time information in hazardous or restricted space areas, for military, police and commercial … Continue reading “ReconRobotics Secures $100,000 New Round”

Reconsider and Revalue: Fostering Community Impact Through “Locavesting”

The biggest news in the investment world right now is perhaps Twitter’s stunningly successful initial public stock offering last Thursday, which left the company valued at approximately $24 billion. Some pundits, however, see Twitter’s IPO as another indication that we’re poised at the edge of a tech bubble similar to the one that decimated Silicon … Continue reading “Reconsider and Revalue: Fostering Community Impact Through “Locavesting””

BizGrid Live

In August, the Detroit Business Support Network released BizGrid, a physical infographic designed to help Detroit entrepreneurs navigate the landscape of organizations providing business assistance within the city. This event will have representatives from all 54 organizations on the BizGrid map and will offer seminars detailing entrepreneurial resources in metro Detroit. For details and registration, click … Continue reading “BizGrid Live”

Google Glass Road Show

The public is invited to come try Google Glass, a hands-free computer device encased in a titanium eyeglass frame that is not yet widely available for sale. Attendees are asked to RSVP here.

Time to Come Clean: Why A High-Tech Guy Envies the Low-Tech World

I’m ready to confess that I’ve been basking in a particular drug-induced fantasy for a number of years. It’s a different type than we usual read about, and I suspect it’s shared by a fair number of other folks who work in biopharma. We dream of the day when a medicine we created begins to … Continue reading “Time to Come Clean: Why A High-Tech Guy Envies the Low-Tech World”

CardioInsight Technologies Garners $15,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4131e60b-b06e-4d68-a99f-83206998b0b9 Date 11/12/2013 Company Name CardioInsight Technologies Mailing Address 11000 Cedar Avenue Cleveland, OH 44106 Company Description We are a medical device company in Cleveland, Ohio commercializing patented electrocardiographic imaging technology developed at Case Western Reserve University. Our technology noninvasively images electrical activity on the surface of the heart. Website http://www.cardioinsight.com Transaction … Continue reading “CardioInsight Technologies Garners $15,000,000 New Funding”

uBid Holdings Garners $500,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fd96ca97-8144-4948-acd4-908880ace641 Date 11/12/2013 Company Name uBid Holdings Mailing Address 566 W. Adams Street Chicago, IL 60661 Company Description Since launching in 1997, uBid.com has been recognized as the go-to online marketplace for new, overstock, closeout and recertified products in more than 25 categories, including Fine Art, Collectibles, Jewelry, Travel and Electronics. Website … Continue reading “uBid Holdings Garners $500,000 New Financing Round”