Michigan Capital Network
Venture capitalGrand Rapids · Pre-Seed–Series A · 19 people tracked
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 · 19 people
from the firm's website
What they invest in
from 15 of 45 portfolio companiesHealthtech ×7Biotech ×5Medical Devices ×5Deep Tech ×4SaaS ×3Advanced Manufacturing ×2Cleantech ×2Digital Health ×2
HQs:United States×20United Kingdom×1
Investments · 45 tracked
founders shown can be your intro pathOpus Genetics is a clinical-stage ophthalmic biopharmaceutical company developing AAV-based gene therapies and a small-molecule therapy to treat inherited retinal diseases and other vision disorders.
BiotechHealthtechMedical DevicesRaleigh, US
BENJAMIN R. YERXA(Executive Officer, Director)JEAN BENNETT(Director)RUSSELL KELLEY(Executive Officer, Director)George Magrath(Chief Executive Officer)Ben Yerxa(President)Robert Gagnon(Chief Financial Officer)
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
Jeffrey S. Williams(Director)Brandon McNaughton(Executive Officer, Director)James Militello(Executive Officer)Kalyan Handique(Executive Officer, Director)Douglas Neal(Director)John Younger(Executive Officer, Director)
Board seatJenni LiPaul D'Amato· per SEC Form D
Farmington Hills, US
Kent Helfrich(Executive Officer)Ebru Van Steenburg(Executive Officer)Michael Van Steenburg(Executive Officer, Director)James Burton(Executive Officer)Fatih Arslan(Executive Officer)
Board seatPaul D'Amato· per SEC Form D · $2.1M raise · filed Jan 2026
Petoskey, US
Randell G. Price(Director)Jody Vanderwel(Director)Donald Goeman(Executive Officer, Director)Jim Krol(Executive Officer, Director)Greg Wrona(Executive Officer)
Board seatJody Vanderwel· per SEC Form D · $3.1M raise · filed Jul 2022
Charlottesville, US
Cameron Hardesty(Executive Officer)Michael Babyak(Executive Officer, Director)Christopher Langford(Director)Gabriel Becerra(Director)Meagan Malm(Director)
Board seatMeagan Malm· per SEC Form D · $3M raise · filed Jun 2025
HealthtechWakefield, US
David R. Fischell(Director)Kate Rumrill(Executive Officer, Director)Lisa Mastromattei(Executive Officer)Ronald D Bache(Executive Officer, Director)Dale Grogan(Director)Steven L. Almany(Director)
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)Alison Alvarez(Founder)Tony CebzanovKelsey Hall(Director of Operations)
BoardDoug Neal(Director)Michael Perrin(Director)
CertifID provides software, insurance, and recovery services to prevent and respond to real estate wire fraud, serving the title industry and parties in property transactions.
CybersecurityFintechPropTechGrand Rapids, US
Mike DeVries(Director)Lawrence Duthler(Executive Officer)Thomas W. Cronkright(Executive Officer, Director)Tyler Adams(Executive Officer, Director)Tom Cronkright
Grand Rapids, US
Christian K. Fernando(Founder)Hans M. Nelson(Founder)Paul D'Amato(Director)Joe Lampen(Director)
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.
IoTLogistics & Supply ChainMobility & TransportationSaaSChicago, US
Cory Hohs(Co-founder & CEO)Noah Levens(Co-founder)Jigar Patel(Co-founder)
Histosonics develops histotripsy technology, a non-invasive ultrasound-based treatment modality for physicians to use in clinical procedures.
Deep TechHealthtechMedical DevicesAnn Arbor, GB
Wen Chen(Director)Tom Tefft(Director)Michael Blue(Executive Officer, Director)Gerry Brunk(Director)Jim Adox(Director)Kadir Kadhiresan(Director)
Immusoft develops novel therapeutic treatments by programming B cells to produce therapeutic proteins for patients with rare and other diseases with significant unmet medical need.
BiotechSeattle, US
Matthew Scholz(Founder)Mark Ahn, Ph.D.(Director)Sean Ainsworth(Chief Executive Officer)
Portage, US
John Balbach(Director)Tim Parker(Director)Deepak Ravindra(Executive Officer, Director)John Jackoboice(Director)
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)Laurence Hayward(Director)Kevin Keith(Director)Steve Hulme(Director)
BoardMahdi Ghazizadeh(Director)Richard J. Diemer, Jr.(Director)
ONL Therapeutics is a clinical-stage biopharmaceutical company developing neuroprotective treatments for retinal diseases including retinal detachment, geographic atrophy, and glaucoma.
BiotechHealthtechMedical DevicesAnn Arbor, US
David Zacks(Executive Officer)David Esposito(Executive Officer, Director)Constance Chang(Executive Officer)Loic Couraud(Director)William Brinkerhoff(Director)Mark Hooper(Director)
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)Cary Vance(Executive Officer, Director)Gary Durack(Member of the Board of Directors)Stephen Boppart(CMO)
BoardPatrick Zeller(Director)Dale Grogan(Director)
Provides case management software, participant app, and hardware-free monitoring for justice and behavioral health programs to support recovery and reentry.
Cumberland, US
Eric Chapman(Director)Peter Andrews(Director, President & CEO)Samuel Hotchkiss(Executive Officer, Director, Promoter)Jennifer Jacobs(Executive Officer)Ed Larson(Executive Officer, Director)
Ripple Science offers EnrollNow, a HIPAA-compliant and SOC 2-certified platform for managing research participant prescreening, enrollment, scheduling, engagement, and study tracking.
Digital HealthHealthtechSaaS
SupportPay builds a product for co-parents, caregivers, and families affected by divorce to manage support-related matters.
FintechSaaS
Sheri Atwood(Founder & CEO)in
Grand Rapids, US
Matthew Anderson(Director)Ryan H. Vaughn(Executive Officer, Director)Hugo Braun(Director)Ryan Waddington(Director)
Vestaron Corporation makes peptide-based biological crop protection products, including its SPEAR family of bioinsecticides, for use in agriculture.
AgTechBiotechCleantechNew MaterialsKalamazoo, US
Juan Estupinan(Executive Officer, Director)Dawn de los Santos(Executive Officer)Robert Kennedy(Executive Officer)Elin D. Miller(Director)Philip Austin(Director)Ron Meeusen(Director)
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.
Frequently asked questions
- 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.
Media · Podcasts & interviews
featuring the teamDale Grogan - Managing Partner at Michigan Capital Network
Connect with KB · Dale Grogan
Images
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