Michigan Accelerator Fund I
8
16M
5
0.73
2
0.38
1
- Stages of investment
- Areas of investment
Summary
In 2010 was created Michigan Accelerator Fund I, which is appeared as VC. The fund was located in North America if to be more exact in United States. The leading representative office of defined VC is situated in the Grand Rapids.
The real fund results show that this VC is 18 percentage points more often commits exit comparing to other companies. The top activity for fund was in 2014. The fund is constantly included in less than 2 investment rounds annually. The common things for fund are deals in the range of 10 - 50 millions dollars.
Besides them, we counted 2 critical employees of this fund in our database.
For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Biotechnology, Pet. Among the most popular portfolio startups of the fund, we may highlight Vestaron Corporation, Ablative Solutions, nanoRETE. The fund has no exact preference in some founders of portfolio startups. Besides, a startup needs to be aged 6-10 years to get the investment from the fund.
The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Michigan Accelerator Fund I, startups are often financed by Pangaea Ventures, Open Prairie, Cultivian Sandbox Ventures. The meaningful sponsors for the fund in investment in the same round are Pangaea Ventures, Open Prairie, Cultivian Sandbox Ventures. In the next rounds fund is usually obtained by Pangaea Ventures, Open Prairie, Cultivian Sandbox Ventures.
Investments analytics
Analytics
- Total investments
- 8
- Lead investments
- 2
- Exits
- 1
- Rounds per year
- 0.73
- Follow on index
- 0.38
- Investments by industry
- Biotechnology (7)
- Health Care (3)
- Farming (3)
- Agriculture (3)
- Medical Device (2) Show 6 more
- Investments by region
-
- United States (8)
- Peak activity year
- 2014
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 13
- Group Appearance index
- 0.75
- Avg. company exit year
- 11
Need more data?
Get access to full data about investors, including their team, contact information, and historic data.
Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Swift Biosciences | 15 Apr 2016 | Biotechnology, Health Care, Health Diagnostics | Late Stage Venture | 3M | United States, Ann Arbor, Michigan |
Similar funds
By same location
By same geo focus
By doing lead investments
At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).
Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.