Venture Capital

The Hazel Park Raceway opened in 1949 as the country’s first five-eighths-mile track.

Iconic raceway makes way for tech and commerce leaders in Hazel Park

When the Hazel Park Raceway closed in April this year, it was a bitter-sweet moment for the city. It marked the end of an era for the Detroit neighborhood but paved the way for new growth.

Latest in Venture Capital
Downtown Pontiac’s Riker Building celebrates first major tenant: MadDog Technology

The venture capital firm MadDog has moved four technology startups into the 6,000 sq .ft. space on the building's tenth floor.

Delphinus Medical Technologies lands in larger HQ in Novi

A $40-million venture capital raise lands Delphinus Medical Technologies in new 'multifunctional' Novi facility.

Service.com moves to Farmington Hills to work on contractor app

The 2-year-old startup, formerly known as Locqus, is working on a digital platform that streamlines the finding, hiring and paying of contractors.

Sandy Kronenberg
Impact investors swing the hammers that are building the new economy in southeast Michigan

Investing in a startup is one thing. Making an impact with that investment is another. A growing class of impact investors is putting smart money into scaling Metro Detroit's new economy, and it's paying big dividends.

Accelerate Michigan
Why we need to keep building Accelerate Michigan into an economic game changer

Accelerate Michigan has established itself as one of the biggest and best business plan competitions for startups in the Midwest.

Manoj Bhargava
The most interesting billionaire in metro Detroit you’ve probably never heard of

The Wall Street Journal recently profiled Manoj Bhargava, the billionaire behind 5-Hour Energy drinks who plans to give away 90 percent of his wealth and invest in new water and energy technologies.

Bucking national trends, venture capital on the rise in Michigan

Once upon a time, venture capital in Michigan was small and inconsequential. Today it's powering the Great Lakes State's new economy, growing at a time when the industry has shrunk. In this special report, we take a long look on what that means for our local entrepreneurial ecosystem.

Delphinus Medical Technologies' SoftVue machine
Delphinus Medical Technologies scores $39.5M in Series C funding

Delphinus' Series C funding round is the largest ever for a medical device startup in Michigan.

Hyatt Hotel, apartments, retail, office planned for vacant Royal Oak car dealership

Plans to turn a vacant car dealership on Main Street in Royal Oak into a Hyatt hotel with connected residential, retail, and office space are moving ahead following the approval of incentives from the state.

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