Tetra Inks Deal with Shionogi to Support Fragile X, Alzheimer’s R&D

The lead drug of Tetra Discovery Partners is already in mid-stage clinical studies as a treatment for the rare Fragile X Syndrome. But the Grand Rapids, MI, biotech says its drug could also treat a disorder affecting far more people: Alzheimer’s disease. The startup has reached across the Pacific Ocean to land the cash for … Continue reading “Tetra Inks Deal with Shionogi to Support Fragile X, Alzheimer’s R&D”

Roundup: Accelerate Michigan, U-M, Tetra Discovery Partners & More

The grind never stops in Michigan’s innovation community, even when the weather is perfect for playing hooky. Here’s a look at recent tech news from around the state: —The Accelerate Michigan Innovation Competition, the state’s largest startup pitch contest with up to $1 million in cash and prizes at stake, is now accepting applications for … Continue reading “Roundup: Accelerate Michigan, U-M, Tetra Discovery Partners & More”

Connected Cars, Cheap Rides, Deadlines to Apply & More MI Tech News

Here’s a look at tech and innovation news from around Michigan: —A University of Michigan startup called Cart is piloting a new service that offers low-cost rides to Detroit residents who want to go grocery shopping. Shoppers that live within five miles of one of Meijer’s two Detroit locations can pay $10 for a round-trip ride … Continue reading “Connected Cars, Cheap Rides, Deadlines to Apply & More MI Tech News”

Tetra Discovery Raises $10M Series A, Advances Alzheimer’s Drug

Alzheimer’s drug research has been a fraught area of medicine lately. With last week’s failure of Eli Lilly’s high-profile Phase 3 study of solanezumab, an experimental Alzheimer’s drug, arguably the most promising treatment in development for the memory loss disease is no longer headed to market. The trial’s failure also “puts a dent” in the … Continue reading “Tetra Discovery Raises $10M Series A, Advances Alzheimer’s Drug”

Tetra Discovery Partners Secures $5,000,000 Series A Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6edca247-7e61-4b81-93d4-175e0124b334 Date 11/30/2016 Company Name Tetra Discovery Partners Mailing Address 910 Rosewood Avenue SE Grand Rapids, MI 49506 USA Company Description Our research focuses on developing new treatments for depression based on subtype-selective modulation of phosphodiesterase 4B (PDE4B). PDE4 in neurons is responsible for the hydrolysis of cAMP. We and our colleagues … Continue reading “Tetra Discovery Partners Secures $5,000,000 Series A Funding Round”

Roundup: Duo Insight, Digital Undivided, Bug Bounty & More

Here’s a look at innovation news from around Michigan: —Duo Security, the Ann Arbor-based cybersecurity startup that is also one of the state’s fastest growing companies, has released a free tool that lets IT teams run internal phishing simulations within five minutes. Duo Insight allows administrators to identify potential security weaknesses and share them with … Continue reading “Roundup: Duo Insight, Digital Undivided, Bug Bounty & More”

Grand Angels Report Highlights Record-Breaking Year

According to an annual report highlighting key milestones, Grand Angels, one of Michigan’s busiest angel-investing collectives, had a record-breaking year in 2015. Last year, Grand Angels invested $3.5 million in 12 deals, bringing the total amount of capital deployed since it launched in 2004 to $19.6 million. Compared to 2014, Grand Angels increased its total … Continue reading “Grand Angels Report Highlights Record-Breaking Year”

Roundup: MCWT, Tetra Discovery, Entrepreneurs of Color Fund & More

Here’s a look at tech, startup, and innovation news from around Michigan: —The Michigan Council of Women in Technology (MCWT) held its 10th annual website design competition for girls in high school earlier this month. Twelve student finalists presented their sites to a panel of IT executives serving as judges. A record number of competitors … Continue reading “Roundup: MCWT, Tetra Discovery, Entrepreneurs of Color Fund & More”

Invest Michigan Awards $275K to Four Early-Stage Tech Startups

Invest Michigan announced this week that it has invested $275,000 in four early-stage tech startups through the Michigan Pre-Seed Fund 2.0. The four startups also secured co-investments worth $3.4 million from private investors, far exceeding the minimum 1:1 matching funds required by Invest Michigan. “All of the startups we funded look like very promising companies … Continue reading “Invest Michigan Awards $275K to Four Early-Stage Tech Startups”

Tetra Discovery Partners Lands New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=701c1345-9d10-4714-a71c-85b64d84d582 Date 10/16/2014 Company Name Tetra Discovery Partners Mailing Address 301 Michigan Street NE Grand Rapids, MI 49503 USA Company Description Our research focuses on developing new treatments for depression based on subtype-selective modulation of phosphodiesterase 4B (PDE4B). PDE4 in neurons is responsible for the hydrolysis of cAMP. We and our colleagues … Continue reading “Tetra Discovery Partners Lands New Funding Round”

Tetra Discovery Partners Lands $1,041,000 Seed Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=dc9f789b-d33f-437e-af62-c833d1860b8d Date 10/2/2013 Company Name Tetra Discovery Partners Mailing Address 301 Michigan Street NE Grand Rapids, MI 49503 Company Description Our research focuses on developing new treatments for depression based on subtype-selective modulation of phosphodiesterase 4B (PDE4B). PDE4 in neurons is responsible for the hydrolysis of cAMP. We and our colleagues recently … Continue reading “Tetra Discovery Partners Lands $1,041,000 Seed Financing Round”