eLab Ventures

Founded in 2012, eLab Ventures is a venture capital firm based in Ann Arbor, Michigan. It focuses on early-stage technology startups with disruptive innovations and capital-efficient business models, primarily outside Silicon Valley.

Bolander, Frederick W. W.

Co-Founder, Managing Director and General Partner

Rick Bolander

Co-Founder and Managing Director

Paul Brown JD

Managing Director

Douglas Neal

Co-Founder and Managing Director

Robert Stefanski

Co-Founder and Managing Director

Bob Stefanski

Managing Director

Past deals in Internet of Things

MemryX

Series B in 2025
Founded in 2018, MemryX develops high-performance, low-power edge AI processing solutions. Its proprietary compute-at-memory technology and dataflow architecture enable efficient AI computations for industries such as transportation, IoT, and industrial applications.

MemryX

Series A in 2021
Founded in 2018, MemryX develops high-performance, low-power edge AI processing solutions. Its proprietary compute-at-memory technology and dataflow architecture enable efficient AI computations for industries such as transportation, IoT, and industrial applications.

MemryX

Seed Round in 2019
Founded in 2018, MemryX develops high-performance, low-power edge AI processing solutions. Its proprietary compute-at-memory technology and dataflow architecture enable efficient AI computations for industries such as transportation, IoT, and industrial applications.
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