Michigan Capital Network
Venture capitalGrand Rapids · Pre-Seed–Series A · 20 people tracked
Find your way into Michigan Capital Network
2,450 people in our graph share verified history with the Michigan Capital Network team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Michigan Capital Network invests in capital-efficient, high-potential early-stage companies, primarily those founded in Michigan and the broader Midwest region. Operating as both a venture capital fund manager and an angel investing trade association, the firm connects accredited investors with curated startup opportunities. Its objective is to help entrepreneurs transform seed ideas into world-class businesses through prompt investment and ongoing support. The firm collaborates closely with players in Michigan's entrepreneurial ecosystem, leveraging financial, intellectual, and networking resources to help portfolio companies grow. Roughly 90% of its funded companies are Midwest-founded.
Source: firm website, verified Aug 3, 2026.
Team · 20 people
from the firm's website & public directories
Founder mafia
2 people who came through Michigan Capital Network went on to found or lead other companies.
What they invest in
from 40 of 47 portfolio companiesHealthtech ×15Biotech ×11Deep Tech ×9SaaS ×9Digital Health ×8Medical Devices ×8Advanced Manufacturing ×7Hardware ×7
HQs:United States×36United Kingdom×1
Who they back
founder profiles across 25 portfolio companiesFounding team size:solo founder×152 founders×73 founders×3
Where their founders studiedfrom 25 founders with education data
Stanford University ×3Western Michigan University ×3DePaul University ×2Hope College ×2University of Michigan ×2Wayne State University Law School ×2
What their founders studiedfrom 28 founders with field-of-study data
Computer Science ×9Engineering ×7Humanities ×5Business & Management ×4Finance & Accounting ×3Life Sciences ×3Medicine ×3Design & Architecture ×2
Where their founders worked beforefrom 28 founders with career history
University of Michigan ×3Atlasspace ×2
Accelerator rootsportfolio companies that came through a program
7 founders hold a PhD · 3 hold an MBA (of 29 with degree data)
Investments · 47 tracked
founders shown can be your intro pathBy year:2026 · 42025 · 12023 · 22022 · 22018 · 110 dated
Ambiq develops ultra-low-power semiconductor solutions and edge AI platforms for IoT and healthcare applications.
AI & Machine LearningIoTSemiconductorsAustin, US
Scott Hanson(Executive Officer, Director)inDennis Sylvester(Director)inFumihide Esaka(CEO)inScott Goodwin(Executive Officer)inJoseph A. Tautges(Director)Paul Rolls(Executive Officer)
Co-investorsCisco InvestmentsConductive VenturesKleiner PerkinsMatter Venture PartnersMercury FundOUP (Osage University Partners)+5 more
Opus Genetics is a clinical-stage ophthalmic biopharmaceutical company developing therapies for inherited retinal diseases (IRDs) and other retinal and refractive disorders.
BiotechDeep TechDigital HealthHealthtechMedical DevicesRaleigh, US
Dr. Jean Bennett(Director)Bernhard Hoffmann(Executive Officer)Nirav Jhaveri(Executive Officer)inAmy Rabourn(Executive Officer)inGeorge Magrath(Chief Executive Officer)inBen Yerxa(President)in
Co-investorsOberland Capital
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)inJames Militello(Executive Officer)
BoardJeffrey S. Williams(Director)Dan Kidle(Director)in
Board seatJenni LiPaul D'Amato· per SEC Form D
Co-investorsArboretum VenturesBeringeaBerkeley CatalystBlueStone Venture PartnersCANTILEVER INVESTORSeLab Ventures+7 more
HealthtechWakefield, US
Tim A. Fischell(Executive Officer, Director)inKate Rumrill(Executive Officer, Director)Lisa Mastromattei(Executive Officer)Ronald D Bache(Executive Officer, Director)Vartan E. Ghazarossian(Executive Officer, Director)David R. Fischell(Director)
Co-investorsBioStar VenturesGilde HealthcareMAF
Acelfil develops industrial filtration systems designed to handle variable and spiking suspended-solids loads without manual operator intervention, aiming to reduce equipment shutdowns and downstream membrane damage.
Advanced ManufacturingCleantechHardware
Co-investorsID VenturesMichigan RiseAnthropocene Ventures
ADHD Online provides virtual ADHD assessment, diagnosis, and treatment for adults, offering clinically validated diagnostic evaluations reviewed by licensed clinical psychologists and follow-up telehealth appointments with board-certified clinicians for prescriptions and treatment plans.
Digital HealthHealthtechMental HealthGrand Rapids, US
Randall Duthler(Executive Officer, Director)Christopher Barber(Executive Officer)Zachariah Booker(Executive Officer, Director)
BoardDale Grogan(Director)in
Co-investorsMichigan RiseBoomerang VenturesWakestream Ventures
ATLAS Space Operations offers Ground Software as a Service through a federated global network of satellite ground stations, letting spacecraft operators communicate with single satellites or full constellations via a single API powered by its Freedom platform on AWS Cloud.
Defense TechSaaSSpace TechTraverse City, US
Kristin Rice(Chief Executive Officer)inBrad Bode(Chief Technology Officer & Co-Founder)in
Co-investorsBeringeaWakestream Ventures
Authentic4D provides diagnostic imaging services and solutions for the medical and legal fields, combining teleradiology expertise with 3D imaging technology for medical records analysis and claims evaluation.
Data & InfrastructureDigital HealthHealthtechInsurTechLegalTechMedical DevicesBingham Farms, US
Jorey Chernett(CEO and founder)
BlastPoint provides software that transforms data into actionable intelligence for organizations, helping them drive growth while considering long-term impacts and protecting against unintended harms from data-driven decisions.
AI & Machine LearningData & InfrastructureEnterprise SoftwarePittsburgh, US
Tomer Borenstein(Director, Executive Officer)inAlison Alvarez(Founder)inTony Cebzanovin
BoardDoug Neal(Director)inMichael Perrin(Director)inEthan Linkner(Director)in
Co-investorsAllos VenturesBTECH CONSORTIUMChloe CapitalCurql Collective, LLCeLab VenturesIrishAngels+5 more
BlueWillow Biologics develops an intranasal vaccine delivery platform using novel oil-in-water emulsion technology to address pandemic preparedness, infectious diseases, and food allergies.
BiotechHealthtechMedical DevicesAnn Arbor, US
Chad Costley(President and Chief Executive Officer)inGeorge Arida(Chief Financial and Operating Officer)inJakub Simon(Chief Medical Officer)
CertifID provides a secure platform for real estate closings, protecting the movement of funds like earnest money deposits and cash to close for buyers, sellers, and title agents.
CybersecurityFintechPropTechGrand Rapids, US
Lawrence Duthler(Co-founder)inTyler Adams(Co-founder & CEO)inTom Cronkright(Co-founder & Executive Chairman)in
BoardMike DeVries(Director)
Co-investorsArthur VenturesCentana Growth PartnersID VenturesWakestream Ventures
Grand Rapids, US
Christian K. Fernando(Founder)inHans M. Nelson(Founder)
BoardPaul D'Amato(Director)inJoe Lampen(Director)
Co-investorsID VenturesSaaS CapitalWakestream Ventures
FluxWorks develops magnetic gearing technology for motion systems, replacing traditional mechanical gears with contactless magnetic solutions.
Advanced ManufacturingDeep TechHardwareRoboticsTexas, US
Bryton Praslicka(Chief Executive Officer)
BoardBradley Harrison(Director)in
Co-investorsACADEMY INVESTORAggie Angel NetworkAIN VenturesHouston Angel NetworkScout VenturesScout Ventures
Grand River Aseptic Manufacturing (GRAM) is a contract development and manufacturing organization (CDMO) specializing in sterile fill-finish and aseptic manufacturing of injectable pharmaceutical and biologic products.
Advanced ManufacturingBiotechHealthtech
Denis Johnson(CEO)inNick Bykerk(Chief Financial Officer)inSteve Nole(Vice President of MSAT)inWendy Turner(Vice President of Project Management and Client Relations)inDavid Powell(Vice President, Business Development)in
Co-investorsArlington Capital Partners
HAAS Alert operates a vehicle-to-everything (V2X) platform that delivers real-time safety alerts to drivers about roadway hazards, emergency vehicles, and roadside workers.
AI & Machine LearningIoTLogistics & Supply ChainMobility & TransportationSaaSChicago, US
Cory Hohs(Co-founder & CEO)inNoah Levens(Co-founder)inJigar Patel(Co-founder)in
Co-investorsDoon CapitalStacked CapitalTechstarsThree Tree VenturesVolition CapitalPlug and Play Ventures+3 more
HealthBridge Financial provides a SaaS platform that manages patient financial obligations and out-of-pocket payments across the U.S. healthcare system, helping providers and patients navigate payment cycles and financial arrangements.
Digital HealthFintechHealthtechSaaS
Gregory VandenBosch(Founder)in
Co-investorsManchesterStory Group, LLCMarram VenturesMichigan Rise
HistoSonics develops histotripsy technology, a non-invasive method that uses focused sound energy to destroy targeted tissue, offered as a medical device for physicians and their patients.
BiotechHardwareHealthtechMedical DevicesAnn Arbor, GB
Thomas Davison(Executive Officer, Director)inM. Christine Gibbons(Executive Officer, Director)inWen Chen(Director)Tom Tefft(Director)Michael Blue(Executive Officer, Director)Fred Lee(Director)
Co-investorsAlpha Wave GlobalAmzak HealthEarly Stage Partners, LPHealthQuest CapitalLumira VenturesBezos Expeditions+3 more
Immusoft develops a cell therapy platform called Immune System Programming (ISP) that engineers a patient's B cells into plasma cells that produce therapeutic proteins after being infused back into the patient.
BiotechDeep TechHealthtechSeattle, US
Matthew Scholz(Founder)inSean Ainsworth(Chief Executive Officer)inRobert Sikorski(Chief Medical Officer)Rob Hayes(Chief Scientific Officer)inScott McIvor(Chief Development Officer)Eric Garcia(Executive Officer)in
Co-investorsBioRock VenturesBoston Harbor AngelsBreakout VenturesEQx FundInvariantes FundNYBC Ventures+1 more
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)inDave Peralta(Chief Financial Officer)inDr. Barry K. Herman(Chief Medical Officer)Angie Lillie(Chief Compliance Officer)inSteve Goulet(VP of Technology and Product)inRandall Duthler(Director)
Co-investorsBoomerang VenturesInvest MichiganWakestream 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)in
BoardJohn Balbach(Director)Tim Parker(Director)John Jackoboice(Director)
Co-investorsBeringeaID VenturesInvest MichiganIrishAngelsMichigan Rise
KitoTech Medical develops microMend, a wound closure product combining microstaples with adhesive backing as an alternative to traditional sutures and staples.
BiotechConsumerDirect to ConsumerHealthtechMedical DevicesSeattle, US
Ronald Berenson(Founder, MD)in
BoardEdward R. Truitt, III(Chairman of the Board)
MITO Material Solutions develops patented hybrid additive technology that enhances fiber-reinforced composites and thermoplastics by functionalizing materials like graphene oxide and biomaterials, serving the manufacturing industry.
Advanced ManufacturingCleantechClimate TechDeep TechNew MaterialsStillwater, US
Haley Marie Keith(Executive Officer, Director)inKevin Keith(Director)Steve Hulme(Director)
BoardMahdi Ghazizadeh(Director)Richard J. Diemer, Jr.(Director)Joel Neale(Director)
Co-investorsCitrine AngelsCortado VenturesElevate VenturesEvergreen Climate InnovationsHG VenturesHouston Angel Network+2 more
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
Co-investorsCandou VenturesInvest MichiganMichigan RiseSand Hill AngelsIntel Capital
Bindplane (observIQ) offers an OpenTelemetry-native telemetry pipeline that lets teams collect, process, and route logs, metrics, traces, and profiles from any source to any destination while reducing log volume and masking sensitive data.
Cloud ComputingData & InfrastructureDeveloper Tools
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)inDavid Esposito(Executive Officer, Director)inConstance Chang(Executive Officer)John K Freshley(Executive Officer, Director)inJeffrey A Jamison(Executive Officer)in
BoardAaron Fletcher(Director)in
Co-investorsExSight VenturesInvest MichiganNovartis Venture FundVisionary VenturesBios PartnersInFocus Capital Partners, LLC+3 more
PhotoniCare develops OtoSight, an FDA-cleared optical coherence tomography device for non-invasive assessment and monitoring of middle ear infections in healthcare facilities.
Deep TechDigital HealthHealthtechMedical DevicesDurham, US
Ryan Shelton(CEO)inStephen Boppart(CMO)Cary Vance(Executive Officer, Director)in
BoardPatrick Zeller(Director)Dale Grogan(Director)inDr. Zishan Haroon(Director)
Co-investorsFirst Leaf CapitalHealthtech CapitalIllinois VenturesMichigan RiseOSF VenturesPlains Ventures+1 more
Poppy provides an online marketplace for wedding florals, connecting couples directly with independent floral designers and farms to reduce costs and increase design flexibility.
B2B MarketplacesConsumerDirect to ConsumerMarketplacesWashington, US
Cameron Hardesty(Founder)in
Co-investorsIrishAngelsMontage CapitalRiptide VenturesTechstarsWakestream VenturesKindred Ventures
ProvenAir provides technology services for trace quality management and documentation automation within the commercial aerospace industry, helping operators and suppliers digitize and verify material provenance records.
AI & Machine LearningEnterprise SoftwareSaaSChicago, US
Chris Kubinski(CEO)inNate Brochmann(Executive Officer)Stephanie Boccarossa(Director)James Boccarossa(Executive Officer, Director)
BoardSapna Patel(Director)Abid Ali(Director)
Co-investorsVictorum
Reconnect provides software and hardware that connect specialty courts, pretrial, and community supervision programs with their participants.
GovTechHardwareSaaSCumberland, US
Pete Andrews(CEO)inSamuel Hotchkiss(Executive Officer, Director, Promoter)Jennifer Jacobs(Executive Officer)Ed Larson(Executive Officer, Director)
BoardEric Chapman(Director)
Co-investorsBantam GroupYes VC
Reconstruct provides a reality-mapping platform that turns capture data from smartphones, 360 cameras, laser scanners, or drones into measurable 3D digital twins and 2D floor plans of buildings and structures.
AI & Machine LearningConstruction TechPropTechSaaSChampaign, US
Mani Golparvar Fard(Executive Officer, Director, Promoter)inZachary MacRunnels(Executive Officer, Director, Promoter)Derek Hoiem(Executive Officer, Director, Promoter)
BoardPaul D'Amato(Director)inRobert A. Schultz(Director)
Co-investorsCultivation CapitalSerra VenturesIllinois VenturesNTT DOCOMO VenturesService Provider CapitalSerra Capital
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 VenturesInvest MichiganMercury FundMichigan RiseNarrow Gauge Ventures+4 more
Scioto Biosciences is a life sciences company with corporate offices and research facilities in Fishers, Indiana.
BiotechDeep TechDigital HealthIndianopolis, US
Joe Trebley(Founder & Chief Executive Officer)inJim Schulz(Founder & Chief Financial Officer)inMark Heiman(Chief Science Officer)inKevin Meyer(Chief Operating Officer)in
Co-investorsElevate VenturesIU VenturesPathway Bioventures
Second Wave is a digital news publication covering entrepreneurship, creative culture, and urban development in Southwest Michigan, particularly in Kalamazoo and Battle Creek.
Media & EntertainmentKalamazoo, US
Brian J. BoylePaul Schutt
SMART CI Systems designs and manufactures GreenGirt CMH and GreenGirt Steel continuous insulation and SMARTci building enclosure systems that combine steel with fiber-reinforced polymers for thermal performance.
CleantechConstruction TechNew Materials
SupportPay builds a product for co-parents, caregivers, and families affected by divorce to manage support-related matters.
FintechSaaS
Sheri Atwood(CEO & Founder)in
Co-investorsAllied Venture PartnersConnetic VenturesHearstLabRender CapitalVictorumFenway Summer Ventures+1 more
TECAT Performance develops wireless measurement systems for industrial and automotive applications.
Advanced ManufacturingHardwareIoTSports TechAnn Arbor, US
Dr. Douglas Baker(CHIEF TECHNOLOGY OFFICER and DIRECTOR OF MANAGER)Ronald Rath(CEO and DIRECTOR OF MANAGER)
BoardJoseph Byker(DIRECTOR OF MANAGER)Erin Milligan(Director of Manager)
Tetra Discovery Partners (d/b/a Tetra Therapeutics) was a clinical-stage biopharmaceutical company whose clinical trials and research programs were acquired by Shionogi & Co., Ltd. in 2020 and are now managed by Shionogi's U.S. subsidiary.
Biotech
Co-investorsDolby Family Ventures
Grand Rapids, US
Ryan H. Vaughn(Executive Officer, Director)in
BoardMatthew Anderson(Director)Hugo Braun(Director)Ryan Waddington(Director)
Co-investorsWakestream VenturesArsenal Growth EquityHuron River Ventures
Vestaron develops peptide-based insecticides derived from naturally-occurring peptides such as those found in spider venom, produced through fermentation, offering new modes of action for crop protection.
AgTechBiotechCleantechClimate TechNew MaterialsKalamazoo, US
Glenn King(Founder)inJuan Estupinan(Executive Officer, Director)inDawn de los Santos(Executive Officer)inRobert Kennedy(Executive Officer)Nancy Newman(Executive Officer)inJohn C. Sorenson(Executive Officer, Director)
Co-investorsArgonautic VenturesCavallo VenturesCultivian Sandbox VenturesEndeavor8iSelect FundPangaea Ventures Us Inc.+3 more
WedgeHR provides a one-way video interviewing platform that enables job candidates to record responses on their own schedule, with hiring teams able to review, analyze, and collaborate on candidates through AI-powered summaries and structured feedback tools.
Future of WorkHR TechSaaS
Matt Baxter(Founder)in
Co-investorsBDev VenturesMichigan Rise
Elevate K-12 provides live teaching services to K-12 schools and districts across the United States, addressing teacher shortages by expanding access to qualified educators in classrooms.
EdTech
Ysiad Ferreiras(CEO)
Co-investorsCentral Texas Angel NetworkIrishAngels
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Modal Motors Inc.Quint Workspaces, Inc.Your PoppyRyvitZipments
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 2
2 IPOsAmbiqNYSE: AMBQOpus GeneticsNASDAQ: IRD
Portfolio news
latest coverage across their companiesOpus Genetics · investing.com · Aug 19, 2026
Ambiq · simplywall.st · Jul 17, 2026
Poppy · thesaasnews.com · Jun 3, 2026
Immusoft · immusoft.com · Mar 30, 2026
Fluxworks · greentownlabs.com · Feb 24, 2026
Reconnect · midmichigannow.com · Nov 20, 2025
Frequently asked questions
- How many investments has Michigan Capital Network made?
- Michigan Capital Network has 47 tracked investments, 2 of which have exited, including 5 dated in the last 24 months.
- What stage does Michigan Capital Network invest at?
- Michigan Capital Network invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Michigan Capital Network focus on?
- Michigan Capital Network focuses on Sector Agnostic.
- Where is Michigan Capital Network located?
- Michigan Capital Network is headquartered in Grand Rapids, US.
- Who does Michigan Capital Network co-invest with?
- Michigan Capital Network most often shares deals with Michigan Rise, Invest Michigan, Wakestream Ventures, among 95 tracked co-investors.
Media · Podcasts & interviews
featuring the teamDale Grogan - Managing Partner at Michigan Capital Network
Connect with KB · Dale Grogan
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