Ann Arbor’s PicoSpray Sold to OEM Via Invest Michigan and Invest Detroit
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/