Press

This is an article about portfolio company, Ripple Science.

ANN ARBOR, Mich., March 30, 2021 /PRNewswire-PRWeb/ -- Ripple Science, an emerging eClinical company servicing the clinical research site, life sciences and pharmaceutical services markets, announced today the appointment of Jeanne Hecht as a Non-Executive Director to the company effective immediately.

As CEO of JTH Consulting, LLC., Jeanne commands broad knowledge and deep expertise in the Life Sciences arena. She has dedicated much of her career to guiding international companies through healthy growth – thoughtfully, strategically, and with unyielding integrity. In addition to running her consulting practice, she serves as NED for a publicly-traded company out of the UK, Vectura Group

This is an article about portfolio company, Genomenon.

ANN-ARBOR—Genomenon, the genetics informatics company, has completed a $5.3 million financing round, company officials announced.  The financing will enable the company to expand its commercial operations, which serve genetic testing labs, hospitals, pharmaceutical and biopharma companies.

New investors in this round of financing included BroadOak Capital Partners LLC of Bethesda, Md., Green Park & Golf Ventures of Dallas, Red Cedar Ventures of East Lansing, and the East Lansing pre-seed firm Michigan Rise, with continued support from existing investors Invest Detroit Ventures, IrishAngels of South Bend, Ind., Michigan Angel Fund, Invest Michigan, and Atain Specialty Insurance Co. of Farmington Hills.

This is an article about portfolio company, Mi Padrino.

This story is part of a series about Washtenaw County businesses' response to the COVID-19 pandemic. Support for this series is provided by Ann Arbor SPARK.

What's a girl to do when she has the dress, but no party to wear it to? This was the question facing Kim Gamez, CEO and founder of Mi Padrino, an online party planning platform for quinceañeras and other traditional Hispanic celebrations. Days into the COVID-19 lockdown in March 2020, one of the wholesalers who sells products on Mi Padrino let Gamez know it had ceased making dresses and switched to masks instead. 

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Small businesses can no longer cling to paper billing ou of inertia, opening a route for financial technology to each a new audience of proprietors.

View source version on paymentssource.com: https://www.paymentssource.com/news/vcs-fuel-payment-innovations-at-small-businesses

This is an article about portfolio company, Bloomscape.

2020 was the year of the great indoors. And, since we couldn’t recreate misty ocean breezes or the Santa Ana winds inside our apartments, many of us relied on houseplants to refresh the air inside our spaces. Now, we’re back in the swing of spring and it’s time to give that air-purifying 

SAN JOSE, Calif., March 23, 2021 /PRNewswire/ -- Movellus, Inc. today announced that Achronix, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, has adopted Movellus' Maestro intelligent clocking solution for its Speedster®7t FPGAs. Speedster®7t FPGAs are used in high-performance communications, artificial intelligence, machine learning, automotive driver assistance, compute acceleration, industrial and military applications.

"We were impressed by the increased performance and power-efficiency our system design team was able to achieve using the TrueDigital™ Module within the Movellus Maestro int

This is an article about portfolio company, Fifth Eye Inc.

A medical device that works to detect if a patient will become unstable earlier than traditional vital signs received the green light to be marketed to U.S. hospitals.

Fifth Eye Inc., a Michigan Medicine spinoff medical device software company founded in 2017, was recently granted FDA De Novo classification for its Analytic for Hemodynamic Instability (AHI). The noninvasive device continuously monitors electrocardiogram (ECG) signals to identify signs of hemodynamic decline.

View source version on uofmhealth.org: https://www.uofmhealth.org/news/archive/202103/innovative-

I met Cheryl and Wayne Baker in 2005 when I was President of the Ann Arbor IT Zone. We set up a Reciprocity Ring to spur collaboration among our tech ventures. I was amazed at how well it worked.
 
The Reciprocity Ring is a great exercise that teaches everyone why it’s important to ask for help and how to do it effectively. The exercise then gives everyone the chance to practice. After everyone makes a request, people in the same group meet those requests for help. I saw first-hand how powerful it was for founders and leaders to connect in this way.

Then the Bakers met Adam Grant, author of the bestseller Give and Take when Adam was getti

ANN ARBOR, Mich., March 18, 2021 /PRNewswire-PRWeb/

Shoptelligence announces rapid growth across the last two quarters – with five top 100 home furnishings companies, as well as leading regional independent furniture retailers, selecting the Shoptelligence solutions to improve shopper experience with digital cross-category merchandising that can lift order size by up to 49 percent.

"We want to provide all of our customers with an excellent furniture shopping experience whether they connect with us online or in-store," explained Scott Perry, EVP of Digital Marketing at Jerome's Furniture. "Shoptelligence's platform adds value to that experience above and beyond our first-class furniture assortment and provides our consumers and sales associates a rich m

ANN ARBOR, Mich., March 18, 2021 /PRNewswire-PRWeb/ -- Commodore Perry Federal Credit Union is excited to announce a partnership with HT Mobile Apps (HTMA) to offer a new digital solution, Plinqit. Plinqit is the only savings tool that pays users for learning about personal finances.

The addition of Plinqit supports the credit union's strategy of providing safe, secure, and use

This is an article about portfolio company, Tetra Therapeutics.

After years of raising millions in capital and federal grant funding for Tetra Therapeutics Inc. — which was developing a new drug that could potentially treat Alzheimer’s disease and a form of autism — Mark Gurney in 2020 finally found the big money he needed to get to the end.

The Grand Rapids-based Tetra Therapeutics last spring sold to Japanese pharmaceutical company Shionogi & Co. Ltd. in a deal that could reach $500 million. Under the agreement, Shionogi & Co. acquired Tetra and its portfolio of drug compounds for treating Alzheimer’s disease, Fragile X syndrome, and other brain disorders associated with cognitive or memory conditions

This is an article about portfolio company, Genomenon

NEW YORK – Genomenon said on Tuesday that it has raised $5.3 million in a financing round.

The Ann Arbor, Michigan-based firm will use the funding to expand its global commercial operations, which serves genetic testing labs, hospitals, pharmaceutical, and biopharma companies. 

New investors include BroadOak Capital Partners, Green Park & Golf Ventures, Red Cedar Ventures, and Michigan Rise. Current investors, including Invest Detroit Ventures, IrishAngels, Michigan Angel Fund, Invest Michigan, and Atain Specialty Insurance, also participated in the round. 

View source version on genomeweb.com:

Autobooks, the small business payment and accounting services platform, today announced that they have raised $25 million in Series B financing, led by MissionOG.  The round also includes participation from other investors including Renaissance Venture Capital, Detroit Venture Partners and Draper Triangle, along with TD Bank Group [NYSE: TD]. 

The Detroit-based fintech enables small businesses to send digital invoices and accept online payments directly from their financial institution’s existing online and mobile banking channels. The Detroit-based fintech works directly with banks and credit unions to unlock potential within small and micro-businesses, which has been historically difficult to do profitably, at scale. The co

ANN ARBOR, Mich., March 2, 2021 /PRNewswire/ -- Fifth EyeTM, a provider of intuitive real-time clinical analytics, today announced the U.S. Food and Drug Administration (FDA) has granted De Novo classification for its Analytic for Hemodynamic Instability (AHI). AHI can continuously monitor any patient with an electrocardiogram (ECG) for hemodynamic instability — a leading cause of death for critically ill or injured patients. This clinically validated technology enables hemodynamic

This is an article about portfolio company, Bloomscape.

Bloomscape Founder and CEO Justin Mast joined Yahoo Finance Live to break down how Bloomscape is upending traditional garden centers.

Video Transcript

- Demand for home plants, they certainly have exploded since the start of the pandemic. Now Bloomscape, it's one company that's benefited from this. They're expanding as a result of what we've seen over the past year. We want to bring in Justin Mast. He's Bloomscape's founder and CEO. Justin, it's great to have you on the program.

View source version on yahoo.com: https://finance.yahoo.com/video/bloomscape-upending-traditional-garden-center

This is an article about portfolio company, Bloomscape.

Bloom Kits: If you’re an avid gardener getting ready for spring, Bloomscape has just the thing. The brand has created outdoor bloom kits, complete with everything you need to grow a beautiful array of flowers outdoors. Best of all, they won’t ship to you until the last frost passes in your area. Choose between