This is an article about portfolio company, Autobooks.
DETROIT: TCF Bank today announced it has teamed with Detroit fintech company Autobooks to provide an integrated banking experience to its small business customers.
Small business customers of Chemical Bank, a division of TCF National Bank, can enroll in Autobooks at www.ChemicalBank.com/autobooks and within a few moments begin accepting online payments via ACH and Credit Card — with funds deposited directly into their Chemical Bank checking account. In order to help customers in this time of caution and uncertainty — Chemical Bank is waiving the monthly software fee for the first 90 days.
View source version on newkerala.com: https://w
DETROIT: Autobooks, a small business payment and accounting platform built on Microsoft Azure, today announced the launch of a new initiative to encourage small businesses to Get Paid with Autobooks.
This initiative will enable small businesses and nonprofits to enroll directly with Autobooks to receive card and ACH payments online and have those payments deposited directly into their existing account at their financial institution. Additionally, Autobooks is waiving monthly fees for customers using Get Paid through 2020 in light of the unique financial strain COVID-19 has placed on small businesses.
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ANN ARBOR, Mich., June 10, 2020 /PRNewswire/ -- Akadeum Life Sciences, Inc., creators of a next generation floatation-based isolation platform, and NanoCellect Biomedical, Inc., a leader in the development and manufacturing of innovative and simple solutions for cell sorting, today jointly announced a new collaboration to improve rare-cell workflows. From single cell genomics to antibody discovery, researchers increasingly require more efficient, rapid, and gentle workflows to advance cellular research applications. Use of the two gentle and high purity processes of floatation-based cell isolation ahead of sing
ANN ARBOR, Mich.--(BUSINESS WIRE)--First Bank announced today that it has partnered with HT Mobile Apps (HTMA) to offer Kids Cash, a free mobile application designed to educa
This is an article about portfolio company, Shoptelligence.
It’s no secret the novel coronavirus pandemic has changed how we shop, but at first there was only anecdotal evidence of that. In the Home Furnishings Association’s live COVID-19 Webinar June 4, Shoptelligence CEO Laura Khoury offered real data to to show just how dramatic that change is in the retail furniture industry.
According to a white paper released by retail software company Shoptelligence exclusively for the HFA webinar, there’s been a 200 percent increase in online browsing for furniture since the pandemic started. And most of those shoppers aren’t just browsing. “Our research is showing that up to 90 percent of those browsi
This is an article about portfolio company, Tetra Therapeutics
GRAND RAPIDS — Tetra Therapeutics Inc.’s sale to a Japanese pharmaceutical company provides a final pathway toward bringing to market potential new drugs to treat Alzheimer’s disease and a form of autism, as well as generates a handsome return for financial backers.
Investors in a $7.2 million Series A capital round Tetra raised in 2016 got a return of five times their original investment, founder and CEO Mark Gurney said. Participants in an earlier July 2013 debt offering got an ROI that’s close to 13 times their investment, he said.
View source version on mibiz.com:
ANN ARBOR, Mich. – Retail software company Shoptelligence has welcomed three new members to its team including Frank DeFalco as business development director as well as Julie Kennedy and Doug Collier as new members on its board of advisors.
“We are delighted to extend the Shoptelligence team with such talent and industry expertise”, said Laura Khoury, Shoptelligence CEO.
View source version on furnituretoday.com: https://www.furnituretoday.com/furniture-people/shoptelligence-adds-industry-v
This is an article about portfolio company, Ankervall Technologies.
As the economic uncertainty from the coronavirus pandemic lingers, founders of Southeast Michigan startup companies are, like everyone else, wondering what's next.
Late May data from research firm Global Data shows that venture capital funding, the lifeblood of most any growing startup, has slowed down significantly in recent weeks, dropping 5.5 percent in March from the previous month. Higher-value deals of $10 million and above have taken the biggest hit, according to the report.
View source version on crainsdetroit.com: https://www.crainsdetroit.com/entrepreneurship/b
Grand Rapids biopharmaceutical company Tetra Therapeutics Inc. announced this week that it has a definitive agreement to sell to a Japanese firm in a deal that could reach $500 million, according to a statement.
Tetra Therapeutics, which develops drugs for people suffering from Fragile X syndrome, Alzheimer's disease, traumatic brain injury, and other brain disorders, has finalized a 2018 agreement with the Japanese company.
View source version on crainsdetroit.com: https://www.crainsdetroit.com/mergers-acquisitions/grand-rapids-based-tetra-therapeutics-finalize
This is an article about portfolio company, Bloomscape.
Ask any mom across the country and she’ll quickly tell you two top trends: houseplants and science experiments for kids. One of our favorite plant delivery services just announced special edition Grow-How Kits for kids (and their grown-ups) and we’re loving everything about them.
View source version on redtri.com: https://redtri.com/bloomscape-plant-grow-kit-for-kids/
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ANN ARBOR, Mich., May 12, 2020 /PRNewswire-PRWeb/ -- Genomenon announced a partnership with enGenome, which includes integration of the Mastermind
Detroit-based TCF Bank has partnered with Autobooks, a Detroit fintech company. Starting today, small-business customers of Chemical Bank, a division of TCF National Bank, can enroll in Autobooks and begin accepting online payments via automated clearing house and credit cards, with funds deposited directly into their accounts.
Due to the COVID-19 pandemic, Chemical Bank is waiving the monthly software fee for the first 90 days. TCF Bank expects to make Autobooks available to all customers in the near future.
View source version on dbusiness.com: https:/
This is an article about portfolio company, Akadeum.
Finding and supporting local entrepreneurial talent was always a big part of the plan at Kern Venture Group. It just took a while.
The group's early investments went to startups based outside the area. But KVG kept its eye on two local grads, one innovating in science and the other in the film industry.
Each entrepreneur achieved huge milestones in time, raising money and landing key deals — enough that the club recently moved forward with significant investments in both companies.
Neither startup is based locally: Film-casting digital platform Castifi Inc. is headquartered in Culver City and Akadeum Life Sciences Inc., a developer of fluid separation technology, is in Ann Arbor, Mich. But each was de
This is an article about portfolio company, Deliv.
Target, which already owns on-demand delivery service Shipt, is in the process of acquiring technology assets from same-day delivery service Deliv. The retailer is characterizing the deal as more of an R&D type of acquisition and not one that will have an immediate consumer-facing impact. Deal terms were not disclosed, but we understand the deal price is nowhere near Shipt’s $550 million ballpark, as it’s not an outright acquisition of Deliv’s business.
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If you're searching for the perfect Mother's Day gift, you can never go wrong with flowers. Whether you'll be celebrating with your mom at home or want to send a gift from far away, there are plenty of ways to have a beautiful floral arrangement delivered right to her doorstep.
View source version on travelandleisure.com: https
Since I'm indoors all day, I'm looking for new ways to make my home the most enjoyable place to be. One easy addition? Houseplants. Not only are they beautiful to look at, they can also clean your indoor air by absorbing toxins and producing oxygen. Plants hav
Ripple Science today announced new initiatives to help clinical researchers continue their work through COVID-19. Many clinical trial teams are working remotely and have paused patient visits, forcing teams to do more of their work online. Ripple Science wants to help researchers continue their research during this uncertain time by giving research teams free access to Ripple for their first study. For those working on COVID-19 trials directly, the company is providing six months of access to Ripple free of charge.
Ripple is a web-based platform designed for clinical research teams who want a secure and streamlined way
The clock is ticking and Mother's Day is less than a week away. Don't freak out—from seasonal peonies to air-purifying snake plants, there’s still time to make your mom feel special. Shop our roundup of the 21 best websites for flower and plant delivery services, most of which will ship by May 10th.
View source version on elle.com: https://www.elle.com/fashion/shopping/g31899766/best-flower-delivery-service/?slide=1
To help small- to medium-sized businesses (SMBs) receive payment online, SMB payment and accounting platform Autobooks unveiled the rollout of a new initiative, according to a press release.
The effort, called Get Paid with Autobooks, will help SMBs and nonprofits enroll directly with the company to take in card and automated clearing house (ACH) payment
With Mother’s Day coming up faster than you can spell “chrysanthemum,” you might be looking for something to surprise your mom or another special woman in your life.
This Mother’s Day — it’s on May 10, if you need a reminder — will probably be different from ones of years past, and you might be wondering how to get your gift to your mom if you can’t give it to her in person.
View source version on huffpost.com:
As the weather warms up, you might be looking to flex your green thumb in the form of fresh flowers and vibrant new houseplants. But if you have a small outdoor space or balcony, you might be itching for something more creative, like a
Mastermind Genomic Search Engine Identifies Approved and Off-Label Treatments Found Across the Medical Literature
ANN ARBOR, Mich. (PRWEB) April 28, 2020
Genomenon® announced today that the latest release of the Mastermind® Genomic Search Engine includes the ability to search by therapy. Mastermind users can now query the comprehensive database of genomic evidence for over 180,000 drugs, therapies, and other interventions.
This new offering furthers Genomenon's ability to catalogue a complete dataset of all "Genomic Associations" supported by medical evidence. These associations help clinical
OBSERVATIONS FROM THE FINTECH SNARK TANK
The Wall Street Journal reported:
“The House is expected to approve an additional $320 billion for the Paycheck Protection Program (PPP), amid concerns by lenders and small-business advocates that the funding still won’t be enough to meet demand for the coronavirus aid.”
This begs the question: How much would be enough?
This is an article about portfolio company, Tetra Therapeutics.
Researchers have harnessed the power of electronic health records to gain insight in the potential of inflammation-controlling medications to reduce a patient’s Alzheimer’s disease risk.
View source version on miragenews.com: https://www.miragenews.com/electronic-health-records-used-in-study-of-drug-effectiveness-to-reduce-risk-of-alzheimer-s-disease/
This is an article about portfolio company, Bloomscape
While many of us are getting in the spirit of sprucing up our homes for springtime, online garden center Bloomscape just launched two new plant collections to make the process of plant selection that much easier.
View source version on apartmenttherapy.com: https://www.apartmenttherapy.com/bloomscape-mothers-day-earth-day-collections-36745528
Real Simple’s mission, through its 20 years, has been to simplify your life with smart finds like these. Clear up acne breakouts subtly, cut the perfect slice of bread, and more with these staying-at-home-friendly items.
View source version on realsimple.com: https://www.realsimple.com/work-life/life-strategies/problem-solvers-041020-clear-pimple-patch
Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb), a global leader of life science research and clinical diagnostic products, today announced that it has acquired Celsee, Inc., a company that offers instruments and consumables for the isolation, detection, and analysis of single cells. Terms of the acquisition were not disclosed. Bio-Rad will discuss the acquisition in more detail during its first-quarter 2020 financial results conference call.
Celsee’s Genesis System offers a practical, scalable, and efficient approach to accurately analyze single cells. Using the Genesis System, scientists can isolate, analyze, and interpret cellular behavior and collect cell-based information for improved results in applications such as single-cell cyto
This is an article about portfolio company, Mi Padrino.
Kim Gamez, Jackson native and founder of Mi Padrino, has started a fundraiser and hopes to raise enough money to donate 100,000 much-needed CDC-approved N95 surgical masks to the medical community. She is using her unique online business platform to get the job done.
“Mi Padrino is an event planning platform for the Hispanic community based out of Jackson, MI that helps hundreds of thousands of families plan and fund traditional Hispanic celebrations,” says Gamez. “Last year alone we had over 900,000 users of the platform. In Hispanic culture, you will have ‘padrinos’ (godfather or sponsor) to help pay for different parts of your event, kind of like crowdfunding or a gift registry.&rdqu
This is an article about portfolio company, MaxOne.
Basketball athletes who want to take their game to the next level are always seeking out the latest and greatest tool, or a coach that can help them reach that goal. In 2020, both of these things can be found within a smartphone.
For many athletes, the season was cut short and training has been put on hold. While this may spell trouble for those seeking to get better at their sport, athletes who are using the M1 SmartCoach as an on-demand digital trainer are able to keep their momentum going and continue to train while social-distancing at home.
View source version on frntofficeport.com: https://frntofficesport.co
This is an article about portfolio company, Akervall.
Mouthguard manufacturer Akervall Technologies Inc. has shifted from making dental protection for medical, athletic and military markets to protective face shields for the medical community in desperate need of supplies to keep safe as they fight the COVID-19 pandemic.When the spring athletic seasons came to a global halt, and orders during the busiest season dried up, Akervall faced layoffs and the possibility of having to close Michigan’s best
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COVID-19 has taken everybody by surprise. With schools closed across much of the United States, practice for spring sports have been cancelled and offseason regimens for all sports have been put on hold. This pandemic has left nearly 36 million youth athletes and their coaches stunned, and unsure of what to do and how to move forward.
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Regardless of whether you’re a novice or veteran plant parent, you can’t go wrong with a cactus: they’re stylish, affordable, hard to kill, and propagable. And as of today, Bloomscape is enticing plant lovers everywhere with their new line of cacti that they’ll deliver right to your door.
View source version on apartmenttherapy.com:
This is an article about exited portfolio company, Parabricks.
As Silicon Valley is gearing up to fight against the novel coronavirus, NVIDIA is putting its GPU technology to use by enabling researchers and gamers to join the on-going efforts.
View source version on forbes.com: https://www.forbes.com/sites/janakirammsv/2020/03/22/how-nvidia-is-using-its-gpu-technolgy-to-fight-against-covid-19-virus/#d6d29da4bc0b
Traditionally, a young Latina’s 15th birthday is marked by an outlandish, over-the-top celebration called a quinceañera, complete with bright colored tulle gowns, dazzling decor, multi-tiered cakes, choreographed dances, crazy parties, and of course, a formal introduction of the young girl into the world of womanhood. It’s a young girl’s dream — a lavish celebration in her honor, surrounded by loved ones, partying and indulging and finally being recognized as an “adult” as she navigates the transition from child to teen to woman.
View source version on belatina.com: https://belatina.com/reimaginin
SOUTHERN PINES, N.C., March 3, 2020 /PRNewswire/ -- First Bank, the largest community bank headquartered in North Carolina, has announced its launch of Autobooks, a small business payment and accounting platform that seamlessly integrates with the bank's online and mobile banking.
Autobooks allows First Bank business clients to create invoices, accept payments, and pay bills automatically. This saves them from having to track down their customers or vendor partners for credit card numbers or checks. Business owners also get access to accounting tools and real-time reporting within Autobooks that make month-end, year-end, and tax-time assessments much less stressful. All of this lives directly within First Bank's secure onli
This is an article about exited portfolio company, Picospray.
Lansing-based Invest Michigan and Detroit’s Invest Detroit have sold Ann Arbor’s PicoSpray to an unnamed OEM. PicoSpray is an industrial engineering company that replaces a carburetor in small engines with a low-cost electronic fuel injection system.
Invest Michigan and Invest Detroit were the only institutional investors that supported the company since its founding in 2015.
View source version on dbusiness.com: https://www.dbusiness.com/daily-news/ann-arbors-picospray-sold-to-oem-via-invest-michigan-and-invest-detroit/
I don’t exactly have a green thumb. In fact, I’ve managed to kill quite a few succulents, and I’m much more comfortable with the idea of a faux plant adding a pop of color to my living room than tending to a live one. So when I heard about
Grand Rapids, MI, March 4, 2020 (Business Wire) – Tetra Therapeutics, a clinical-stage biopharmaceutical company developing novel treatments for patients with cognitive impairment and memory loss, today announced it has entered into an expanded strategic alliance with Shionogi. The two companies will work together to develop and commercialize BPN14770 for the treatment of Alzheimer’s disease, Fragile X syndrome and other indications marked by cognitive and memory deficits.
Under the terms of the expanded alliance, Shionogi has increased its equity investment in the company to 50% and has the option to complete a structured buyout of the remaining equity if certain closing conditions are met based on the topline results of the comp
This is an article about portfolio company, Orbion.
A new alliance between two out-of-this-world companies could make commercial accessibility to space easier and cheaper. That's thanks in part to a technology called Hall-effect plasma thrusters.
Hall-effect plasma thrusters are a type of ion drive in which a propellant is accelerated by an electric field. The technology has been around since the 1960s, and Hall-effect thrusters were in use on Soviet satellites between 1972 and 1990.
View source version on tzdnet.com: https://www.zdnet.com/article/plasma-boosters-to-enable-access
If you've spent any time on Instagram or watched even one YouTube beauty tutorial, you may have noticed that all the coolest women seem to have plants in their bathrooms. Naturally, these green-draped self-care oases are a source of envy for anyone who considers their daily skincare routine to be an almost spiritual practice, but how do you
Detroit, MI - According to Pitchbook, in 2019 Invest Michigan was the fifth most active venture capital investor in the ‘Great Lakes’ region. In 2019, Invest Michigan made 16 investments into 14 high-growth technology companies. PitchBook defines the ‘Great Lakes’ region as comprising six of the states that border the Great Lakes: Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin.
Since 2014, Invest Michigan has been among Michigan’s most active early-stage investors, completing 110 investments into 52 early-stage companies.
Pitchbook’s 2019 Global League Tables can be found at:
Movellus co-founder Jeff Fredenburg also promoted to CTO as part of executive team expansion to meet accelerating demand
SAN JOSE, Calif. and ANN ARBOR, Mich., Feb. 18, 2020 (GLOBE NEWSWIRE) -- Movellus, a leader in design-optimized, process portable “analog” IP technology, today announced the appointment of Dr. Ken Wagner as Vice President of Engineering. The hiring of the semiconductor, IP, and software veteran underscores Movellus’ commitment to ensuring its customers have the industry’s most advanced analog IP in substantially shorter delivery times, as well as its goal to rapidly expand the company’s analog IP coverage.
Dr. Wagner brings decades of semiconductor experience f
This is an article about portfolio company, Tetra.
Scientists have shown that inflammatory disease in the body is associated with an increased risk of Alzheimer’s
View source version on thepharmaletter.com: https://www.thepharmaletter.com/article/disease-modifying-ad-options-within-a-decade-says-tetra-ceo
Even if you’ve found yourself on a "Most Wanted" list for allowing the plant life in your home to waste away, that doesn’t mean there isn’t a statement-making floor plant in your future. Everyone deserves tall greenery that will elevate their space and make even the coziest living rooms feel three times their size.
View source version on womenshealthmag.com: https://www.womenshealthmag.com/life/g30565437/tall-indoor-plants/
The company's content-rich genomic database platform and AI-driven processing help mitigate early-stage genomic translational research challenges
SANTA CLARA, Calif., Feb. 11, 2020 /PRNewswire/ -- Based on its recent analysis of the global clinical genomics interpretation market, Frost & Sullivan recognizes Genomenon, Inc. with the 2020 Global Company of the Year Award. Genomenon offers products and services
Rising startup acknowledged for flexible and collaborative work environment
Autobooks is a small business payment and accounting platform integrated within a financial institution’s digital banking experience. Today, the company announced that it has been named one of the 2020 Best Places to Work in Financial Technology by Arizent, publisher of American Banker and PaymentsSource. This is Autobooks’ first year on the list, ranking No. 36 of 49 companies.
Each year, Arizent and research partner Best Companies Group determine the rankings based on results from a two-part employee survey. Nominated companies were evaluated on workplace policies, practices, philosophy, systems, de
ANN ARBOR, Mich.--(BUSINESS WIRE)--ChoiceOne Bank, based in Sparta, Mich., announced today that it is expanding its relationship with HT Mobile Apps (HTMA), to offer the company’
According to the National Gardening Association, U.S. houseplant sales grew 50% over the last three years. Bloomscape Founder and CEO Justin Mast joins On The Move to discuss the demand for houseplants and the online gardening landscape.
View source version on yahoo.com: https://finance.yahoo.com/video/u-houseplant-sales-grew-50-180754118.html
ANN ARBOR, MICH. (PRWEB) JANUARY 23, 2020
Ripple Science today announced their one-hundredth customer. Ora, Inc., the world’s leading, full-service ophthalmic Clinical Research Organization (CRO), has adopted Ripple SaaS, enabling Ora to centralize patient recruitment in order to improve efficiency at clinical trial sites.
Rod Walker, Sr. Director