Michigan Emerging Technology Fund - aVenture Asset Manager Research
Michigan Emerging Technology Fund
Operating Status: Operating
Michigan-based financial firm, ETF, expands funding for local tech companies' R&D initiatives.
Location
Lansing, MI, US
Founded
2008
The Michigan Emerging Technologies Fund (ETF) focuses on supporting technology-based companies in Michigan, particularly in the federal innovation research and development arena. The fund aims to expand funding opportunities for local tech firms, with investments typically ranging from $125,000 to $1,000,000 across seed, grant, and other funding rounds.
ETF's portfolio includes notable companies such as Alchemie, Iaso Therapeutics, and Tetra Discovery. The fund's investment philosophy centers on fostering innovation and technological advancement within Michigan's entrepreneurial ecosystem. By providing financial support and resources, ETF plays a crucial role in driving the growth of emerging technologies and startups in the state.
Michigan Emerging Technology Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Seed1 (100.0%)
Stage Mix
Seed 100%
Concentration shown as share of disclosed investments by stage.