We seek high net worth investors, who are new to early stage investing, and provide them with the opportunity to engage with our portfolio companies. BELLE Michigan targets investments in technology-enabled services, life sciences/medical devices, mobile/internet/IT, advanced manufacturing and CleanTech market sectors. We invest in companies who have female leadership or commit to recruiting women to the C-suite and Board of Directors. We seek teams with strong domain expertise, and proven commercialization and entrepreneurial experience.
Belle Michigan - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
The BELLE Michigan Fund, LP is an early stage investment fund building great companies in Michigan, the Midwest, and other regions. We provide a premier source of human and financial capital to women-led companies. We look for capital-efficient enterprises with a unique product or service that fill an urgent market need. BELLE Michigan partners believe human capital is just as valuable as financial capital. We seek investments in high growth, capital efficient and scalable enterprises that welcome our expertise and insight, and seek to leverage our leadership and experience.
Top Investment Stages
Stage Mix
Concentration shown as share of disclosed investments by stage.
The Zell Founders Fund is a seed-stage investment fund focused on supporting University of Michigan students in their final year of undergraduate or graduate programs. Operating under the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies, the fund aims to provide financial backing and entrepreneurial resources to innovative ventures within the state of Michigan.


Michigan Rise, a subsidiary of the Michigan State University Research Foundation, focuses on investing in tech startups across Michigan to foster economic development. The firm primarily engages in pre-seed and seed funding rounds but also participates in Series A and beyond. Their investment strategy is centered around commercializing innovative technologies developed by Michigan's brightest tech entrepreneurs.

Bumble Fund: Investing in early-stage, women-led businesses, primarily from underrepresented groups.
Women's Venture Capital Fund invests in early stage companies which have raised angel capital, developed their core technology and are demonstrating bona fide market traction.
The Zell Lurie Commercialization Fund (ZLCF) is a pre-seed investment fund established to identify
The Zell Founders Fund is a seed-stage investment fund focused on supporting University of Michigan students in their final year of undergraduate or graduate programs. Operating under the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies, the fund aims to provide financial backing and entrepreneurial resources to innovative ventures within the state of Michigan.
Michigan Rise, a subsidiary of the Michigan State University Research Foundation, focuses on investing in tech startups across Michigan to foster economic development. The firm primarily engages in pre-seed and seed funding rounds but also participates in Series A and beyond. Their investment strategy is centered around commercializing innovative technologies developed by Michigan's brightest tech entrepreneurs.

Bumble Fund: Investing in early-stage, women-led businesses, primarily from underrepresented groups.
Women's Venture Capital Fund invests in early stage companies which have raised angel capital, developed their core technology and are demonstrating bona fide market traction.
The Zell Lurie Commercialization Fund (ZLCF) is a pre-seed investment fund established to identify