Invest Michigan
Venture capitalNorthville · Pre-Seed–Series A · 3 people tracked
Investment thesis
Invest Michigan, a Detroit-based Michigan nonprofit, manages the Michigan Pre-Seed Fund 2.0, a $6.8 million fund capitalized through a contract with the Michigan Strategic Fund.
Source: firm website, verified Jul 31, 2026.
Team · 3 people
from the firm's website & public directories
What they invest in
from 33 of 40 portfolio companiesHealthtech ×10Biotech ×9Hardware ×8Consumer ×6Deep Tech ×6SaaS ×6Advanced Manufacturing ×5AI & Machine Learning ×5
HQs:United States×22
Who they back
founder profiles across 17 portfolio companiesFounding team size:solo founder×112 founders×43 founders×2
Accelerator rootsportfolio companies that came through a program
Investments · 40 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 12020 · 12019 · 12015 · 16 dated
Shoulder Innovations develops InSet® glenoid technology for shoulder joint implants that reduce the rocking horse effect and provide mechanical stability, serving patients with severe shoulder arthritis.
HardwareHealthtechMedical DevicesNorthern California, US
Robert Ball(CEO & Executive Chairman)Matthew Ahearn(Chief Operating Officer)Jeff Points(Executive Officer)David Blue(Executive Officer)Don Running(Manager and Chief Executive Officer)Jeff Ondrla(Chief Technology Officer)
Co-investorsAPERTURE Venture PartnersArboretum VenturesGenesis Innovation GroupGlobal BrainLightstone VenturesUS Venture Partners+2 more
ONL Therapeutics is a clinical-stage biopharmaceutical company developing therapies to preserve sight by preventing Fas-mediated death of retinal cells, a cause of vision loss and blindness.
BiotechHealthtechMedical DevicesAnn Arbor, US
David Zacks(Co-Founder & Chief Scientific Officer)David Esposito(Executive Officer, Director)Constance Chang(Executive Officer)John K Freshley(Executive Officer, Director)Jeffrey A Jamison(Executive Officer)David N Zacks(Executive Officer, Director)
Co-investorsExSight VenturesNovartis Venture FundVisionary VenturesBios PartnersInFocus Capital Partners, LLCJohnson & Johnson Innovation – JJDC+3 more
AdAdapted is a commerce media platform for CPG brands and agencies that targets high-intent shoppers and converts digital discovery into retail purchases through its patented one-click "Add-It" technology, including one-click carting, recipes, and retailer integrations.
AdTechConsumerMarketing TechRetail TechAnn Arbor, US
Molly McFarland(Executive Officer)inMichael Pedersen(Executive Officer, Director)Terese Hunwick(Director)
BoardRobert Cell(Director, Promoter)
Co-investorsCapital Midwest FundID VenturesTappan Hill VenturesWakestream Ventures
Akadeum manufactures GMP-compliant ancillary materials for cell and gene therapy applications, specializing in microbubble-based negative selection products.
Advanced ManufacturingBiotechDeep TechHealthtechMedical DevicesAnn Arbor, US
Kalyan Handique(Executive Officer, Director)John Younger(Executive Officer, Director)James Militello(Executive Officer)
BoardJeffrey S. Williams(Director)Paul D'Amato(Director)Dan Kidle(Director)in
Co-investorsArboretum VenturesBeringeaBerkeley CatalystBlueStone Venture PartnerseLab VenturesID Ventures+5 more
Co-investorsID Ventures
Wyoming, US
Mark Groendal(Executive Officer, Director)
BoardDaniel Molhoek(Director)
Autobooks provides embedded banking technology to financial institutions to help them attract and retain small business customers by enabling business owners to manage finances and cash flow directly through their bank's digital platform.
Enterprise SoftwareFintechSaaSDetroit, US
Steven Robert(Executive Officer)John Schmid(Executive Officer)Jeff Blackman(Executive Officer)in
Co-investorsCommerce VenturesDraper TriangleMissionOGRunway Growth Capital
Banza makes chickpea-based food products, including pasta, brown rice pasta, and mac and cheese, marketed as higher in protein and fiber.
ConsumerDirect to ConsumerFoodTech
Co-investorsBeechwood CapitalID VenturesRosecliff VenturesRSE VenturesSWAT Equity Partners
Bloomscape sells expertly-grown houseplants delivered directly to consumers, along with pots, care tools, and decor.
ConsumerDirect to ConsumerE-commerce
Co-investorsGeneral CatalystGood FriendsID VenturesRevolution
HealthtechAnn Arbor, US
RONALD FRISBIE(Executive Officer)WILLIAM CLARKE(Director)HANNAH HENSEL(Executive Officer, Director)
Co-investorsCANTILEVER INVESTORS
EVOQ Therapeutics develops immunotherapies for autoimmune diseases using its proprietary NanoDisc technology, which delivers disease-specific antigens to dendritic cells via subcutaneous administration to restore native immune tolerance.
BiotechHealthtech
Co-investorsID VenturesMichigan Rise
Software that detects subtle vital-sign changes to warn medical professionals of post-operative patient deterioration risk.
Co-investorsWMU Biosciences Research & Commercialization Center
Fusion Coolant Systems makes Pure-Cut, a machine-tool cooling and lubrication system that uses supercritical carbon dioxide instead of traditional cutting fluids to extend tool life, improve surface finish, and reduce health and environmental risks in CNC machining.
Advanced ManufacturingCleantechHardware
Steve Skerlos(Founder & Chief Technology Officer)in
Co-investorsID VenturesMaterial ImpactMichigan Rise
Genomenon uses AI to read biomedical literature and expert scientists to curate variant- and patient-level genomic evidence, delivering regulatory-grade real-world evidence.
AI & Machine LearningBiotechDigital HealthAnn Arbor, US
Mark Kiel(Executive Officer, Director)Eli Salembier(Executive Officer, Director)Sam Globus(Executive Officer)inDr. Sam Globus(Chief Operating Officer)Michael Klein(Executive Officer, Director)David Gregorka(Director)
Co-investorsBeringeaGreen Park & Golf VenturesID VenturesIrishAngelsMarram VenturesMichigan Rise+1 more
BiotechEast Lansing, US
Steven Bloembergen, PhD(Executive Officer, Director)Steven Bloembergen(Executive Officer, Director)
BoardMichael Snyder(Director)Joerg Lahann, Ph.D.(Director)Kenneth Pienta(Director)Frank van Luttikhuizen(Director)
Co-investorsID VenturesMichigan Rise
High Yield Savings by Plinqit is a white-labeled, end-to-end savings product that helps banks and credit unions attract deposits, launch digital savings brands, and expand into new markets, handling KYC and compliance.
FintechSaaS
Kathleen Craig(Founder & CEO)in
Co-investorsID VenturesStout Street Capital
Mentavi Health provides clinician-reviewed online diagnostic evaluations that screen for up to 29 mental health conditions, including ADHD, anxiety, depression, and OCD, with results reviewed by licensed doctorate-level psychologists.
Digital HealthHealthtechMental HealthGrand Rapids, US
Keith Brophy(Chief Executive Officer)Dave Peralta(Chief Financial Officer)Barry Herman(Executive Officer)Randall Duthler(Director)Zachariah Booker(Director)Kristine White(Director)
Co-investorsBoomerang VenturesMichigan Capital NetworkWakestream Ventures
Micro-LAM develops laser-assisted machining systems, ultra-precision diamond turning tools, and custom optical components for precision optics manufacturing.
Advanced ManufacturingDeep TechHardwarePortage, US
Deepak Ravindra(Executive Officer, Director)
BoardJohn Balbach(Director)Tim Parker(Director)John Jackoboice(Director)
Co-investorsBeringeaID VenturesIrishAngelsMichigan Capital NetworkMichigan Rise
Movellus develops infrastructure IP for semiconductor chips, including on-die telemetry sensors, clock generation, and integrated power delivery, marketed under its Aeonic product family.
Deep TechHardwareSemiconductors
Mo Faisal(Founder)in
Co-investorsCandou VenturesMichigan Capital NetworkMichigan RiseIntel Capital
AgTechKalamazoo, US
James Friedrich(Executive Officer, Director)
BoardSteve Haakenson(Director)inLee Huey(Director)Brian Steensma(Director)Larry Mayberry(Director)
Co-investorsWMU Biosciences Research & Commercialization Center
Orbion Space Technology builds Hall-effect electric propulsion systems for small-satellite constellations, providing integrated thrusters, power processing units, and propellant management for in-space maneuvers.
Deep TechHardwareSpace Tech
Lyon (Brad) King(CEO)inJason D. Sommerville(CTO)inRob Washeleski(CDO)inJorge Ramos(CFO)inLarry Bates(VP, Manufacturing)
Co-investorsBeringeaID VenturesInventus Capital PartnersMaterial ImpactMichigan RiseWakestream Ventures
Orthoforge develops ultrasonic medical devices that quantify the stage of bone fracture and soft tissue healing without radiation, providing objective feedback to healthcare professionals.
Digital HealthHardwareMedical Devices
AI & Machine LearningBiotechHealthtech
Co-investorsID Ventures
Passage is an all-in-one event ticketing platform that lets organizers sell tickets, season passes, merchandise, and concessions both on-site and online, with reserved seating, mobile check-in, and box office management.
ConsumerSaaS
Co-investorsConnetic VenturesID VenturesTelescope Partners
Advanced ManufacturingAnn Arbor, US
Lihang Nong(Executive Officer, Director)
Co-investorsID Ventures
Ripple Science offers EnrollNow, a HIPAA-compliant, SOC 2-certified platform for managing research participant prescreening, enrollment, scheduling, and communication.
Digital HealthHealthtechSaaS
Co-investorsDundee Venture CapitalID VenturesMercury FundMichigan Capital NetworkMichigan RiseNarrow Gauge Ventures+1 more
SafeSense Technologies designs and manufactures flexible hybrid electronics, working with customers to develop, design, test, and produce custom electronics solutions.
Advanced ManufacturingDeep TechHardware
Ann Arbor, US
Laura Khoury(CEO and President)Robert Cell(Director)Nancy Gilby(Director)
Co-investorsCapital Midwest FundID VenturesMichigan Rise
SkySpecs provides data management and analytics software for renewable energy asset operators, helping them optimize maintenance and operational decisions for wind and solar installations.
AI & Machine LearningCleantechClimate TechEnergySaaSAnn Arbor, US
Daniel Ellis(President and CEO)David Roberts(CEO)Thomas Brady(CFO)Ryan Morton(Chief Technology Officer)Samuel DeBruin(Chief Operational Officer)Patrick Senatore(Director of Engineering)
Co-investorsCapital Midwest FundDakota Venture GroupEvergy VenturesHuron River VenturesID VenturesMcRock Capital+4 more
SpellBound builds mobile augmented reality games and educational tools to engage and distract patients across stages of the care journey, including waiting rooms, clinical point of care, and at-home settings.
AI & Machine LearningDigital HealthHealthtech
Christina York(Founder & CEO)
Co-investorsLighthouse Network Ventures Llc
A casino review and comparison platform that provides independent evaluations of online casinos for US players, with a focus on payment methods, security, user experience, and crypto gambling platforms.
CleantechConsumerMarketplacesDetroit, US
Co-investorsFontinalis PartnersTechstarsInMotion VenturesVerizon VenturesWells Fargo Advisors
BiotechAnn Arbor, US
JONATHAN LEINONEN(Executive Officer, Director)YOKE KHIN YAP(Executive Officer, Director)MICHAEL MORTLOCK(Executive Officer)MARK EHLERT(Director)STEVE TOKARZ(Executive Officer, Director)JOHN RANSOM(Director)
Co-investorsID Ventures
Tetra Therapeutics (Tetra Discovery Partners) was a discovery-based pharmaceutical company developing clinical programs including treatments for Fragile X Syndrome.
BiotechHealthtechFlorham Park, US
webAI provides the Intelligence Delivery Network (IDN), a platform that runs AI models locally on hardware controlled by the organization rather than sending data to centralized cloud environments.
AI & Machine LearningDeep TechEnterprise SoftwareSaaSAustin, US
David Stout(Cofounder & CEO)inEthan Baird(Cofounder, Chief Research Officer)Tyler Mauer(Cofounder, Chief Product Officer)Dr. Paul J. Maykish(Chief Intelligence Officer)Andrew Zilli(Chief Financial Officer)Anuneet Kumar(Chief Marketing Officer)
Co-investorsForerunner VenturesWakestream Ventures
Co-investorsHuron River VenturesMichigan Capital NetworkWakestream Ventures
Exits · 2
IPOs and acquisitions across the tracked portfolioShoulder InnovationsNYSE: SIParabricksacq. by NVIDIA
Portfolio news
latest coverage across their companiesGreenMark Biomedical · einpresswire.com · Aug 25, 2026
Shoulder Innovations · investing.com · Jun 29, 2026
Passage · downing.house.gov · Jun 5, 2026
Banza · trysignalbase.com · May 19, 2026
Genomenon · investmichigan.org · Nov 20, 2025
Akadeum Life Sciences · finsmes.com · Jun 4, 2025
Autobooks · saastake.com · May 13, 2025
SkySpecs · annarborusa.org · Mar 20, 2025
Frequently asked questions
- How many investments has Invest Michigan made?
- Invest Michigan has 40 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Invest Michigan invest at?
- Invest Michigan invests at the Pre-Seed, Seed, Series A stages.
- What is Invest Michigan's typical check size?
- Invest Michigan typically writes checks of $100K – $250K.
- What sectors does Invest Michigan focus on?
- Invest Michigan focuses on Advanced Manufacturing, Biotech, Defense Tech, Energy, Enterprise Software, Healthtech, Medical Devices, New Materials, SaaS.
- Where is Invest Michigan located?
- Invest Michigan is headquartered in Northville, US.
- Who does Invest Michigan co-invest with?
- Invest Michigan most often shares deals with ID Ventures, Michigan Rise, Michigan Capital Network, among 54 tracked co-investors.
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