Topic Archive: Funding

The Midwest is a cybersecurity powerhouse. From ForAllSecure in Pittsburg to Duo and Blumira in Ann Arbor, the Midwest is showing its cybersecurity strength—and investors are taking notice.  In Columbus, Finite State, supply chain security and risk management experts, just announced they raised $12.5 million in a Series A funding round. The round w[...]

Starting the year off on the right foot is always a good thing—and for startups, that can mean funding.  Three Columbus startups crushed Q1 with some pretty big funding rounds. Check out who came out on top and how much they earned. Top 3 Columbus Startups for Q1 Funding in 2020 1. Olive As a healthcare startup, Olive and their services are more im[...]

Ann Arbor is usually known for the University of Michigan, but it’s now becoming known for so much more.  It’s my hometown, and I loved growing up there. It’s a smart city with a ton of things to do, and I was never too far away from anything I needed. In the past couple years, Downtown Ann Arbor has changed a bit in some really good ways. I feel l[...]

Want to know where the money's at? It's right here in the midwest. More specifically, the Great Lakes region. Venture capitalists are looking outside Silicon Valley and New York to diversify across new hubs.  At the top of their list is the Great Lakes region. VCs are flooding the area, pouring money into unicorn companies, like Detroit's StockX, C[...]

Detroit-based luxury cannabis startup, Pleasantrees, announced a successful Series A funding round, raising $6.4 million in preparation for the launch of their retail arm.  The design-driven brand's newfound financial backing came from a group of 64 local and international investors.  With plans to open 12 medical marijuana provisioning centers acr[...]

The midwest is packed with entrepreneurial talent, and the world is taking notice. From Motown to the Motor City, Detroit has a rich history of business and entertainment successes. We were curious to see which high profile celebrities straddled both worlds. That's why we curated a list of 6 celebrity investors from the midwest. Interested to see w[...]

Plymouth-based electric truck manufacture, Rivian, secured $350 million in investments this week, making it the company's third public investment of 2019. Cox Automotive is behind the company's most recent fiscal stimulus, joining Amazon and Ford Motor Company as recent investors. While it was not disclosed how much equity Cox would receive, the Ri[...]

In the race for accessible and modern mobility, a local startup is on a mission to improve the way the world moves. Meet Argo AI. With a self-proclaimed focus to provide affordable transportation to underserved urban communities, Argo AI has attracted the attention and support of some of the auto industry's biggest players.  In 2017, Argo AI receiv[...]

The final days of summer are here. As we take in the season's remaining moments, our team has reflected on August's biggest startup news. Missed the unfolding of the month's most buzz-worthy events? Get all caught up with our August recap.   Fundraising  Detroit Startup, Bloomscape, Raises $7.5M in Series A As a growing leader in the $50B category,[...]

Detroit-based eCommerce startup, Bloomscape, announced $7.5 million in Series A funding today. The direct-to-consumer plant company has disrupted the plant industry, bringing a millennial sense of cool to the way consumers purchase and care for their plants.  As a growing leader in the $50B category, Bloomscape founder Justin Mast has created his o[...]