Michigan Rise is a venture capital firm established in 2020 and based in East Lansing, Michigan. As a wholly-owned subsidiary of the Michigan State University Research Foundation, it focuses on investing in technology startups within the state. The firm prioritizes sectors such as advanced automotive and mobility, advanced manufacturing and materials, agricultural processing technology, alternative energy, homeland security and defense technology, information technology, life sciences, therapeutics, and medical devices. Michigan Rise aims to support the commercialization of innovative technologies by providing capital, coaching, and assistance with grant funding to Michigan entrepreneurs and startups, thereby contributing to the region's economic development.
ATLAS Space Operations, Inc. specializes in revolutionizing satellite communications through its innovative software platform. Founded in 2015 and headquartered in Traverse City, Michigan, the company offers the ATLAS Freedom Software Platform, a cloud-based space management and control system. This platform enables users to gather and process data from space efficiently, featuring capabilities such as flexible scheduling, cloud processing, and integration with AWS services. ATLAS also operates a global network of antennas to provide affordable and scalable ground communication solutions. With a focus on improving the accessibility and affordability of space-based communications, ATLAS aims to transform the industry and enhance how data from satellites is utilized on Earth.
Rivet Work
Venture Round in 2024
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.
Motion Grazer AI
Pre Seed Round in 2023
Motion Grazer AI is develops a monitoring system to track livestock using a computer and a real-sense camera. The company's hardware platform, SIM, provides sow monitoring and health assessment to provide individual sensing, monitoring, and analyses to enable precision livestock farming (PLF) for sows and other animals. The company was founded in 2020 and is headquartered in East Lansing, Michigan. Motion Grazer AI is founded by John McIntyre, Madonna Benjamin, Daniel Morris and Michael Lavagnino in 2020 and is located in East Lansing, Michigan, United States.
The Lip Bar
Funding Round in 2023
The Lip Bar LLC, based in Detroit, Michigan, specializes in producing and selling lipsticks. Established in 2011, the company offers a range of products through physical retail locations across the United States and its online platform. The Lip Bar emphasizes the importance of health in beauty, crafting its lipsticks from a unique blend of natural, vegan ingredients such as shea butter, avocado oil, coconut oil, and vitamin E. These formulations are designed to moisturize and soften lips while providing bold color options that allow consumers to express their individuality. The brand aims to cater to diverse skin types and personal styles, ensuring that beauty products are accessible and aligned with health-conscious choices.
FreightRoll
Seed Round in 2023
FreightRoll LLC, established in 2015 and headquartered in Saint Clair Shores, Michigan, operates a freight marketplace that connects shippers with a network of carriers for efficient shipment management. The company offers a suite of products, notably FreightBOL, an app-based, paperless bill of lading that streamlines trade document transfers, potentially saving significant costs and enhancing environmental sustainability. This service is complemented by FreightVISION, which provides real-time tracking and visibility into in-transit inventory, further optimizing shipping operations. FreightRoll's platform also incorporates FreightLEDGER, a secure data repository that maintains itemized manifest data and provides insights into key performance metrics such as carrier efficiency and loading times. By facilitating communication and reducing empty miles for truckload carriers, FreightRoll enhances overall supply chain efficiency.
The Patient Company
Series A in 2023
The Patient Company, LLC, founded in 2019 by Andrew Heuerman, specializes in the development and production of SimPull, an automated lateral patient transfer device. With locations in Grand Rapids, Michigan, and Scottsdale, Arizona, the company aims to enhance patient care by providing a motorized mechanical lifting device that allows a single care team member to safely and respectfully transfer patients. SimPull is designed to protect clinicians from injuries, reduce the average time required for transfers, and eliminate waste generated by disposable components of alternative products.
Alerje
Seed Round in 2023
Alerje, Inc. is a company based in Detroit, Michigan, specializing in emergency medicine and digital oral immunotherapy management for individuals with food allergies. Founded in 2015, Alerje has developed an innovative epinephrine auto-injector designed to fit within a smartphone case, enhancing patient adherence and emergency response capabilities. The accompanying mobile application allows users to create personalized food allergy profiles, share this information with their CareCircle—comprising family, friends, caregivers, and medical professionals—and receive location alerts. Additionally, the platform enables users to filter recipes and scan grocery items for potential allergens, thereby improving dietary decision-making. Alerje's system has been validated by the National Science Foundation, emphasizing its commitment to enhancing the quality of life for those affected by food allergies.
UV Angel
Series A in 2023
UV Angel is a technology company focused on healthcare infection prevention through the use of UV-C light. Founded in 2010 and headquartered in Grand Haven, Michigan, UV Angel has developed a patented technology platform that automates UV-C disinfection for high-touch surfaces such as smartphones, keyboards, and touchscreens. By leveraging extensive research on ultraviolet light, the company aims to create cleaner and safer environments across various sectors, including healthcare, foodservice, retail, and office spaces. UV Angel's solutions not only disinfect but also enable clients to monitor and track disinfection data, helping organizations demonstrate their commitment to reducing harmful pathogens and maintaining hygiene. The integration of artificial intelligence and big data analytics facilitates real-time reporting on device interactions, further enhancing the ability to prevent the spread of contagious diseases.
The Lip Bar
Funding Round in 2023
The Lip Bar LLC, based in Detroit, Michigan, specializes in producing and selling lipsticks. Established in 2011, the company offers a range of products through physical retail locations across the United States and its online platform. The Lip Bar emphasizes the importance of health in beauty, crafting its lipsticks from a unique blend of natural, vegan ingredients such as shea butter, avocado oil, coconut oil, and vitamin E. These formulations are designed to moisturize and soften lips while providing bold color options that allow consumers to express their individuality. The brand aims to cater to diverse skin types and personal styles, ensuring that beauty products are accessible and aligned with health-conscious choices.
Fusion Coolant
Funding Round in 2023
Fusion Coolant Systems, Inc. specializes in manufacturing and marketing advanced coolant and lubrication systems for various manufacturing industries. The company offers products such as Pure-Cut 1000 and LUBE-CUT 1600, which utilize supercritical carbon dioxide for dry lubrication and efficient cooling during cutting processes. These systems are designed to enhance production rates and extend tool life while addressing the limitations of traditional metalworking fluids, which often contain harmful chemicals and contribute to environmental pollution. Fusion Coolant's patented CHiP Lube system represents a significant advancement in metalworking technologies, improving operational efficiency and promoting worker safety. The company serves diverse sectors, including medical, aerospace, automotive, and power generation, and also provides infrastructure solutions like carbon dioxide storage tanks and pumps. Founded in 2009 and headquartered in Canton, Michigan, with an office in Saint-Priest, France, Fusion Coolant has established a strategic partnership with Air Liquide to further its innovations in coolant technology.
Akadeum
Series B in 2023
Akadeum Life Sciences, Inc. is a life sciences company based in Ann Arbor, Michigan, founded in 2014. The company specializes in manufacturing microbubble cell separation products designed to facilitate the removal of target cells from biological samples. Its product line includes T cell and B cell isolation kits for both human and mouse cells, as well as products for red blood cell depletion. Akadeum utilizes buoyancy-activated cell sorting technology, employing microscopic microbubbles that capture target cells and float them to the surface for efficient removal. This innovative approach enhances the efficiency of downstream testing and analysis for medical practitioners. The company's products are available for purchase online, and it maintains a strategic partnership with Agilent Technologies.
FreightRoll
Seed Round in 2023
FreightRoll LLC, established in 2015 and headquartered in Saint Clair Shores, Michigan, operates a freight marketplace that connects shippers with a network of carriers for efficient shipment management. The company offers a suite of products, notably FreightBOL, an app-based, paperless bill of lading that streamlines trade document transfers, potentially saving significant costs and enhancing environmental sustainability. This service is complemented by FreightVISION, which provides real-time tracking and visibility into in-transit inventory, further optimizing shipping operations. FreightRoll's platform also incorporates FreightLEDGER, a secure data repository that maintains itemized manifest data and provides insights into key performance metrics such as carrier efficiency and loading times. By facilitating communication and reducing empty miles for truckload carriers, FreightRoll enhances overall supply chain efficiency.
Shoptelligence
Seed Round in 2023
Shoptelligence Inc. is a company based in Ann Arbor, Michigan, that operates an AI-powered style discovery platform designed to enhance the shopping experience for customers and drive sales for retailers. Founded in 2018, the platform utilizes an AI Style Assistant to curate product collections based on individual style preferences, enabling shoppers to discover new items across a retailer's entire catalog. The platform includes features such as virtual sales assistants, email marketing tools, and customer style curation, which collectively aim to increase customer engagement, retention, and average order value. By providing a personalized shopping experience, Shoptelligence helps retailers foster customer loyalty and boost revenue.
Atterx Biotherapeutics
Series C in 2023
Atterx is developing fundamentally new therapeutics to combat the growing epidemic of antibiotic-resistant bacteria. Antibiotic resistance is a medical crisis, globally responsible for hundreds of thousands of deaths each year. ConjuGon's core technology is a new way to kill unwanted and even multi-drug resistant bacteria. The company is located in the MG&E Innovation Center in the University Research Park in Madison, Wisconsin.
Rivet Work
Seed Round in 2023
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.
Iaso Therapeutics
Venture Round in 2023
Iaso Therapeutics, founded in 2018 and based in East Lansing, Michigan, is a biotechnology company focused on developing vaccines aimed at improving human health and treating infectious diseases. The company’s platform is dedicated to creating vaccines for serious illnesses, including smallpox, yellow fever, and tetanus. By providing healthcare professionals with innovative technologies, Iaso Therapeutics seeks to enhance public health outcomes and address critical health challenges.
SensCy
Seed Round in 2022
SensCy provides sensible cybersecurity solutions for small and medium-sized organizations. The company was founded in 2021 and is headquartered in Ann Arbor, Michigan, United States.
SensCy
Pre Seed Round in 2022
SensCy provides sensible cybersecurity solutions for small and medium-sized organizations. The company was founded in 2021 and is headquartered in Ann Arbor, Michigan, United States.
Navv Systems
Series A in 2022
Navv Systems provides healthcare-focused indoor location technology with the NavvTrack platform. Integrated with Apple Maps, NavvTrack empowers hospitals with high-resolution indoor maps and tools to easily locate and manage staff, equipment, and resources. Developed at Henry Ford Innovations in Detroit, Michigan, NavvTrack is deployed in multiple U.S. hospitals, where it streamlines enterprise device management, helps coordinate team workflows and reduces operational costs.
ADHD Online
Funding Round in 2022
ADHD Online provides a formal evaluation for mental health conditions from its licensed psychologist's nationwide network. ADHD Online also provides treatment including medication management, virtual therapy, and other resources. The company was founded in 2018 and is headquartered in Grand Rapids, Michigan.
CubeWorks
Seed Round in 2022
CubeWorks Inc. specializes in developing millimeter-scale computing solutions, focusing on autonomous wireless sensing technology. Founded in 2013 and based in Ann Arbor, Michigan, the company has created the Cubisens platform, which includes ultra-small wireless smart sensors for various applications such as healthcare logistics, supply chain management, cold chain monitoring, security, and environmental monitoring. These sensors are characterized by their lightweight and durable design, making them suitable for deployment in challenging environments. By enabling real-time tracking and providing critical data access, CubeWorks aims to enhance the Internet of Things (IoT) landscape with innovative sensing solutions that address a wide range of monitoring needs.
GreenMark Biomedical
Convertible Note in 2022
GreenMark Biomedical Inc. is a healthcare company focused on developing minimally invasive technologies utilizing biopolymer nanoparticles derived from natural starch. Founded in 2016 and based in East Lansing, Michigan, with a laboratory in Ann Arbor, the company aims to enhance diagnostic and treatment capabilities in dentistry and oncology. GreenMark offers a mouth rinse product that highlights cavities and early-stage lesions, allowing dentists to accurately assess dental issues using standard dental curing lamps. Additionally, the company is working on medical applications that target anti-cancer drug delivery, facilitating site-specific treatments. Through its innovative approach, GreenMark Biomedical seeks to provide effective health-based solutions that improve patient care.
Dynamo Metrics
Funding Round in 2022
Dynamo Metrics, LLC specializes in designing and developing data applications for local governments, including county treasurers, land banks, and municipalities. Founded in 2005 and headquartered in Ann Arbor, Michigan, the company offers a suite of cloud-based products such as Neighborhood Intel, which consolidates various federal, state, and city data into a single application. It also provides a customizable Public Portal for sharing insights with citizens and a Code Enforcement tool for managing compliance efforts. Additionally, Dynamo Metrics supports municipalities in decision-making, reporting, and analysis, helping them measure options, secure funding, and develop quality reports. By leveraging technology and personalized service, the company aims to enhance community development and economic planning, enabling local governments to make informed decisions based on data rather than anecdotes.
Shoptelligence
Seed Round in 2021
Shoptelligence Inc. is a company based in Ann Arbor, Michigan, that operates an AI-powered style discovery platform designed to enhance the shopping experience for customers and drive sales for retailers. Founded in 2018, the platform utilizes an AI Style Assistant to curate product collections based on individual style preferences, enabling shoppers to discover new items across a retailer's entire catalog. The platform includes features such as virtual sales assistants, email marketing tools, and customer style curation, which collectively aim to increase customer engagement, retention, and average order value. By providing a personalized shopping experience, Shoptelligence helps retailers foster customer loyalty and boost revenue.
Vade Nutrition
Series D in 2021
Vade Nutrition, founded in 2016 and based in Lansing, Michigan, specializes in portable protein powder designed for the health and wellness industry. The company produces pre-measured, single-serving scoops of protein that are packaged in dissolvable wrappers made from food-grade ingredients. This innovative packaging allows users to conveniently access protein and other nutritional supplements, making it an ideal choice for athletes and individuals seeking on-the-go nutrition. Vade Nutrition aims to provide an affordable and practical solution for those looking to maintain their fitness and dietary goals.
Rivet Work
Seed Round in 2021
Rivet Work Inc., founded in 2019 and based in Detroit, Michigan, specializes in providing digital tools tailored for contractors, unions, and trade schools within the construction industry. Its flagship application, Rivet, serves as a comprehensive workforce management platform that allows users to efficiently organize their teams, access and assign workers to various jobs from any location, and track real-time developments on job sites through features like the Job Site Feed. The platform also facilitates instant notifications about new jobs and project changes, enhancing communication and operational efficiency. By modernizing labor management processes, Rivet aims to support skilled trades and promote construction as an attractive career path for the emerging workforce.
Akadeum
Series B in 2021
Akadeum Life Sciences, Inc. is a life sciences company based in Ann Arbor, Michigan, founded in 2014. The company specializes in manufacturing microbubble cell separation products designed to facilitate the removal of target cells from biological samples. Its product line includes T cell and B cell isolation kits for both human and mouse cells, as well as products for red blood cell depletion. Akadeum utilizes buoyancy-activated cell sorting technology, employing microscopic microbubbles that capture target cells and float them to the surface for efficient removal. This innovative approach enhances the efficiency of downstream testing and analysis for medical practitioners. The company's products are available for purchase online, and it maintains a strategic partnership with Agilent Technologies.
Ripple Science
Funding Round in 2021
Ripple Science Corporation specializes in developing web-based software aimed at enhancing the recruitment and management of participants in clinical, translational, and social science studies. Founded in 2016 and headquartered in Ann Arbor, Michigan, the company offers solutions that streamline various aspects of the research process, including participant tracking, recruitment campaign management, and task management. Ripple Science's flagship product, Ripple SaaS, leverages sales and marketing automation tools to expedite participant recruitment, significantly benefiting academic researchers and clinical trial sites. Currently, its software is utilized by over 75 academic and research centers globally, including prestigious institutions such as Johns Hopkins University and the University of California, Los Angeles. By addressing the challenges of patient recruitment and engagement, Ripple Science enables researchers to enhance communication and collaboration, leading to more efficient study operations and quicker completion times.
Asalyxa Bio
Funding Round in 2021
Asalyxa Bio, Inc. is a drug development company based in Southfield, Michigan, specializing in novel therapeutics aimed at addressing significant unmet medical needs resulting from the dysregulation of immune signaling. The company has developed a platform technology that facilitates the targeted delivery of both existing and innovative drugs directly into over-reactive immune cells. This approach is particularly focused on combating severe neutrophil-mediated diseases, including conditions such as Covid-19, and has applications across a broad range of disease areas. By leveraging this technology, Asalyxa Bio aims to enhance treatment options and improve patient outcomes in various therapeutic contexts.
86 Repairs
Seed Round in 2021
86 Repairs is a Chicago-based software company that offers a subscription platform for managing the entire repair process for restaurant groups. Founded in 2018, the company provides a comprehensive maintenance management solution that covers equipment repairs for appliances such as ice machines, dishwashers, and ovens. With 24/7 support from a team of experts, 86 Repairs helps restaurant owners streamline their operations by relieving them of repair-related burdens, allowing them to concentrate on customer service. The platform delivers actionable insights to enhance back-of-house operations and ensures complete management of the service process, thereby improving efficiency and reducing downtime for restaurants.
Orbion Space Technology
Series B in 2021
Orbion Space Technology, based in Houghton, Michigan, specializes in the development and manufacture of plasma propulsion systems for small satellites. Founded in 2016, the company provides advanced electric propulsion technology that enhances satellite functionality by enabling precise maneuverability in space. Orbion's thrusters facilitate essential tasks such as the last-mile delivery of spacecraft from launch vehicles to their designated orbits, extending the operational life of satellites, and ensuring safe de-orbiting at the end of their missions. By offering a cost-effective solution that can significantly reduce operational expenses for spacecraft operators, Orbion contributes to the growing demand for efficient propulsion systems in the rapidly evolving space industry.
ADHD Online
Series A in 2021
ADHD Online provides a formal evaluation for mental health conditions from its licensed psychologist's nationwide network. ADHD Online also provides treatment including medication management, virtual therapy, and other resources. The company was founded in 2018 and is headquartered in Grand Rapids, Michigan.
Genusee
Seed Round in 2021
Genusee is bringing the eco friendly circular economy to the eyewear sector by turning the plastic water bottles into beautiful products. Located in Flint, Michigan.
Genomenon
Series A in 2021
Genomenon develops software tools to rapidly and autonomously prioritize data points for decision-making. It revolutionizes the way genetic diagnoses and discoveries are made. The company’s suite of diagnostic and discovery tools enable physicians, pharma, and researchers to quickly and accurately identify disease-causing variants from genomic-sequencing datasets. It was founded in 2014 and is headquartered in Ann Arbor, Michigan.
Asalyxa Bio
Seed Round in 2021
Asalyxa Bio, Inc. is a drug development company based in Southfield, Michigan, specializing in novel therapeutics aimed at addressing significant unmet medical needs resulting from the dysregulation of immune signaling. The company has developed a platform technology that facilitates the targeted delivery of both existing and innovative drugs directly into over-reactive immune cells. This approach is particularly focused on combating severe neutrophil-mediated diseases, including conditions such as Covid-19, and has applications across a broad range of disease areas. By leveraging this technology, Asalyxa Bio aims to enhance treatment options and improve patient outcomes in various therapeutic contexts.
Espervita Therapeutics
Seed Round in 2021
Espervita Therapeutics is a biotechnology company based in Saline, Michigan, specializing in the development of metabolic reprogramming therapies aimed at treating various cancers, particularly those with significant unmet medical needs like liver cancer. Founded in 2018, the company focuses on creating innovative solutions that enhance therapeutic expertise for medical professionals. Its approaches are designed to prevent cancer cell proliferation, boost immune detection, and reduce tumor burden, ultimately striving to improve patient outcomes in oncology.
Dynamo Metrics
Seed Round in 2020
Dynamo Metrics, LLC specializes in designing and developing data applications for local governments, including county treasurers, land banks, and municipalities. Founded in 2005 and headquartered in Ann Arbor, Michigan, the company offers a suite of cloud-based products such as Neighborhood Intel, which consolidates various federal, state, and city data into a single application. It also provides a customizable Public Portal for sharing insights with citizens and a Code Enforcement tool for managing compliance efforts. Additionally, Dynamo Metrics supports municipalities in decision-making, reporting, and analysis, helping them measure options, secure funding, and develop quality reports. By leveraging technology and personalized service, the company aims to enhance community development and economic planning, enabling local governments to make informed decisions based on data rather than anecdotes.
Ripple Science
Seed Round in 2020
Ripple Science Corporation specializes in developing web-based software aimed at enhancing the recruitment and management of participants in clinical, translational, and social science studies. Founded in 2016 and headquartered in Ann Arbor, Michigan, the company offers solutions that streamline various aspects of the research process, including participant tracking, recruitment campaign management, and task management. Ripple Science's flagship product, Ripple SaaS, leverages sales and marketing automation tools to expedite participant recruitment, significantly benefiting academic researchers and clinical trial sites. Currently, its software is utilized by over 75 academic and research centers globally, including prestigious institutions such as Johns Hopkins University and the University of California, Los Angeles. By addressing the challenges of patient recruitment and engagement, Ripple Science enables researchers to enhance communication and collaboration, leading to more efficient study operations and quicker completion times.
86 Repairs
Funding Round in 2020
86 Repairs is a Chicago-based software company that offers a subscription platform for managing the entire repair process for restaurant groups. Founded in 2018, the company provides a comprehensive maintenance management solution that covers equipment repairs for appliances such as ice machines, dishwashers, and ovens. With 24/7 support from a team of experts, 86 Repairs helps restaurant owners streamline their operations by relieving them of repair-related burdens, allowing them to concentrate on customer service. The platform delivers actionable insights to enhance back-of-house operations and ensures complete management of the service process, thereby improving efficiency and reducing downtime for restaurants.
GreenMark Biomedical
Funding Round in 2020
GreenMark Biomedical Inc. is a healthcare company focused on developing minimally invasive technologies utilizing biopolymer nanoparticles derived from natural starch. Founded in 2016 and based in East Lansing, Michigan, with a laboratory in Ann Arbor, the company aims to enhance diagnostic and treatment capabilities in dentistry and oncology. GreenMark offers a mouth rinse product that highlights cavities and early-stage lesions, allowing dentists to accurately assess dental issues using standard dental curing lamps. Additionally, the company is working on medical applications that target anti-cancer drug delivery, facilitating site-specific treatments. Through its innovative approach, GreenMark Biomedical seeks to provide effective health-based solutions that improve patient care.
Alerje
Seed Round in 2020
Alerje, Inc. is a company based in Detroit, Michigan, specializing in emergency medicine and digital oral immunotherapy management for individuals with food allergies. Founded in 2015, Alerje has developed an innovative epinephrine auto-injector designed to fit within a smartphone case, enhancing patient adherence and emergency response capabilities. The accompanying mobile application allows users to create personalized food allergy profiles, share this information with their CareCircle—comprising family, friends, caregivers, and medical professionals—and receive location alerts. Additionally, the platform enables users to filter recipes and scan grocery items for potential allergens, thereby improving dietary decision-making. Alerje's system has been validated by the National Science Foundation, emphasizing its commitment to enhancing the quality of life for those affected by food allergies.
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