Ardesta

Ardesta, LLC, established in 1999, is a private equity and venture capital firm headquartered in Ann Arbor, Michigan, with an additional office in Hinsdale, Illinois. The company invests in various stages of technology-focused businesses, from seed to late venture, and also provides bridge and mezzanine financing. Ardesta focuses on small technology products within the sectors of communications, energy, environmental safety and security, and medical diagnostics and treatment. The firm's investment portfolio spans the Midwest, with a notable commitment to supporting and growing technology companies in Michigan.

Mark Slezak

Director

Past deals in Michigan

HandyLab

Series D in 2008
HandyLab is a medical technology company that develops and manufactures molecular diagnostic assays and automation platforms The company’s proprietary platform reduces the time, cost, and complexity of testing while improving the quality of results. Using patented real-time microfluidic PCR technology, its products are positioned to decentralize nucleic acid testing. HandyLab was founded in 2000 and is based in Ann Arbor, Michigan. It was acquired by Becton, Dickinson and Company in 2009.

Sensicore

Series C in 2005
Sensicore, Inc. is a manufacturer and developer of smart sensor systems and sensor networks, headquartered in Ann Arbor, Michigan. The company specializes in automating water testing, data collection, and analysis for both drinking and industrial applications. Its flagship products include WaterPOINT, a handheld water tester that provides a comprehensive profile of various chemistry measurements, and WaterNOW, a web-based data visualization and decision support system for managing water systems. Sensicore also offers a variety of sensor kits and bundles designed for disinfection and basic water testing, alongside colorimetric test kits that measure a range of water quality parameters. Additionally, the company provides accessories such as portable thermal printers and power supply products to enhance its testing solutions. Sensicore's products serve multiple applications, including monitoring incoming water quality, cooling tower processes, and filtration system performance. Founded in 2000, Sensicore operates as a subsidiary of GE Analytical Instruments, Inc. as of 2008.

HandyLab

Series C in 2004
HandyLab is a medical technology company that develops and manufactures molecular diagnostic assays and automation platforms The company’s proprietary platform reduces the time, cost, and complexity of testing while improving the quality of results. Using patented real-time microfluidic PCR technology, its products are positioned to decentralize nucleic acid testing. HandyLab was founded in 2000 and is based in Ann Arbor, Michigan. It was acquired by Becton, Dickinson and Company in 2009.

Sensicore

Series B in 2003
Sensicore, Inc. is a manufacturer and developer of smart sensor systems and sensor networks, headquartered in Ann Arbor, Michigan. The company specializes in automating water testing, data collection, and analysis for both drinking and industrial applications. Its flagship products include WaterPOINT, a handheld water tester that provides a comprehensive profile of various chemistry measurements, and WaterNOW, a web-based data visualization and decision support system for managing water systems. Sensicore also offers a variety of sensor kits and bundles designed for disinfection and basic water testing, alongside colorimetric test kits that measure a range of water quality parameters. Additionally, the company provides accessories such as portable thermal printers and power supply products to enhance its testing solutions. Sensicore's products serve multiple applications, including monitoring incoming water quality, cooling tower processes, and filtration system performance. Founded in 2000, Sensicore operates as a subsidiary of GE Analytical Instruments, Inc. as of 2008.
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