Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Michigan Angel Fund

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 31
Average round size
info
The average size of a deal this fund participated in
$3M
Portfolio companies 25
Rounds per year 2.58
Lead investments 4
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.19
Exits 3
Key employees 2
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Information Technology
  • Software
  • Biotechnology
  • Medical Device
  • Health Care
Summary

The leading representative office of defined VC is situated in the Ann Arbor. The venture was found in North America in United States.

The usual cause for the fund is to invest in rounds with 4-5 partakers. Despite the Michigan Angel Fund, startups are often financed by North Coast Technology Investors, First Step Fund, Ann Arbor SPARK. The meaningful sponsors for the fund in investment in the same round are Wakestream Ventures, Capital Community Angel Investors, Northern Michigan Angels. In the next rounds fund is usually obtained by Wakestream Ventures, NHN Investment, Intel Capital.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Moreover, a startup needs to be at the age of 1 and less years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Avegant, Shoulder Innovations, Ocuphire Pharma. Among the most successful fund investment fields, there are Pharmaceutical, Higher Education. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little.

The fund is generally included in 2-6 deals every year. Speaking about the real fund results, this VC is 13 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2017. Deals in the range of 1 - 5 millions dollars are the general things for fund.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Michigan Angel Fund:
Typical Co-investors
Michigan Angel Fund is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Michigan Angel Fund:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Actcelerate International Group -
Asia Global Crossing -
California Medical Association California, Sacramento, United States
Emory Investment Management Atlanta, Georgia, United States
F+ Ventures Istanbul, Istanbul, Turkey
Female Founders Fund New York, New York, United States
MediaLink New York, New York, United States
Merage Institute -
Nanjing Xinliuyu Touzi China, Jiangsu, Nanjing
Nantong Qixiong China, Jiangsu, Nantong
Neo California, San Francisco, United States
Ningbo Runzhize Capital Management -
Raza Venture Fund California, Cupertino, United States
Sage Technologies China, Hong Kong, Kowloon
Savoie Angels France, Le Bourget-du-lac, Rhone-Alpes
SmartWare.tech -
Stellex Capital Management New York, New York, United States
The EuroMena Funds Lebanon, New Hampshire, United States
UU Study -

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Sniffer Robotics

Drones
Environmental Consulting
Environmental Engineering
Information Services
Oil and Gas
Robotics
Sensor
Waste Management
$2M18 Apr 2023 Ann Arbor, Michigan, United States

Genomenon

Developer Tools
Enterprise Software
Genetics
Medical
Software
$20M08 Mar 2022 Ann Arbor, Michigan, United States

BitLyft

Cyber Security
Information Technology
Security
$1M02 Nov 2021 East Lansing, Michigan, United States

KUHMUTE

Automotive
Electric Vehicle
Last Mile Transportation
Logistics
Manufacturing
Power Grid
Public Transportation
Ride Sharing
Sharing Economy
Transportation
$800K10 Oct 2021 Flint, Michigan, United States

Genomenon

Developer Tools
Enterprise Software
Genetics
Medical
Software
$5M16 Mar 2021 Ann Arbor, Michigan, United States

AdAdapted

Advertising
Brand Marketing
Digital Media
Software
$2M14 Jul 2020 Ann Arbor, Michigan, United States

Ripple Science

Clinical Trials
Health Care
SaaS
Software
$2M07 Jan 2020 Ann Arbor, Michigan, United States

Ocuphire Pharma

Biopharma
Biotechnology
Pharmaceutical
$5M22 Jul 2019 Michigan, United States

Give and Take

Collaboration
Information Technology
SaaS
Software
$2M01 Mar 2019 Ann Arbor, Michigan, United States

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Michigan Angel Fund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 31
Average round size 3M
Rounds per year 2.58
Peak activity year 2017
Lead investments 4
Follow on index 0.19
Exits 3
Group Appearance index 0.71

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Sniffer Robotics

Drones
Environmental Consulting
Environmental Engineering
Information Services
Oil and Gas
Robotics
Sensor
Waste Management
$2M18 Apr 2023 Ann Arbor, Michigan, United States

Genomenon

Developer Tools
Enterprise Software
Genetics
Medical
Software
$20M08 Mar 2022 Ann Arbor, Michigan, United States

BitLyft

Cyber Security
Information Technology
Security
$1M02 Nov 2021 East Lansing, Michigan, United States

KUHMUTE

Automotive
Electric Vehicle
Last Mile Transportation
Logistics
Manufacturing
Power Grid
Public Transportation
Ride Sharing
Sharing Economy
Transportation
$800K10 Oct 2021 Flint, Michigan, United States

Genomenon

Developer Tools
Enterprise Software
Genetics
Medical
Software
$5M16 Mar 2021 Ann Arbor, Michigan, United States

AdAdapted

Advertising
Brand Marketing
Digital Media
Software
$2M14 Jul 2020 Ann Arbor, Michigan, United States

Ripple Science

Clinical Trials
Health Care
SaaS
Software
$2M07 Jan 2020 Ann Arbor, Michigan, United States

Ocuphire Pharma

Biopharma
Biotechnology
Pharmaceutical
$5M22 Jul 2019 Michigan, United States

Give and Take

Collaboration
Information Technology
SaaS
Software
$2M01 Mar 2019 Ann Arbor, Michigan, United States
Crunchbase icon

Content report

The following text will be sent to our editors: