MICHIGAN
-- Venture Michigan Fund
has made its first venture capital allocations according to a report in
VentureWire.
The state-funded initiative has committed undisclosed amounts to three venture
capital firms who are charged with investing in Michigan-based start up
companies.
The firms are Michigan-based Arboretum Ventures, Nth Power based in San Francisco and Venture
Investors, LLC, a Madison, WI-based seed and early stage firm.