Accelerate Blue Fund

Accelerate Blue Fund is an early-stage venture capital firm based in Ann Arbor, Michigan, that focuses on investing in startups licensed from research conducted at the University of Michigan. Managed by Innovation Partnerships at the university, the fund targets a variety of sectors, including information technology, healthcare, materials and resources, financial services, energy, consumer products and services, business products and services, and commercial transportation. By concentrating on U-M research startups, Accelerate Blue Fund aims to support innovation and foster the growth of emerging companies in the United States.

Don Manfredi

Associate Director

Michael Psarouthakis

Executive Director of Impact Investments and Strategic Alliances

Past deals in Michigan

NewHaptics

Venture Round in 2023
NewHaptics is a microfluidic technology company based in Ann Arbor, Michigan, founded in 2018. It specializes in developing full-page digital braille and tactile graphics displays aimed at enhancing education and employment opportunities for individuals with visual impairments. The company's innovative tablet-like device delivers a real-time tactile experience, allowing blind users to access content in a way that is interactive and informative. Through its technology, NewHaptics seeks to improve accessibility and integration for the visually impaired community.

CubeWorks

Seed Round in 2022
CubeWorks Inc. is a technology company based in Ann Arbor, Michigan, founded in 2013. It specializes in millimeter-scale computing solutions, focusing on the development of ultra-small wireless smart sensors. The company's flagship product, the Cubisens platform, is an autonomous wireless sensing system capable of measuring various parameters, including imaging, temperature, and pressure, with precision of less than a millimeter. These sensors are lightweight, durable, and designed for diverse applications such as healthcare logistics, supply chain management, cold chain monitoring, security, and environmental monitoring. By enabling the integration of multiple units, CubeWorks' solutions provide critical real-time data and analytics, facilitating enhanced visibility in complex monitoring and sensing tasks, thereby advancing the Internet of Things landscape.
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