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ANN ARBOR and DETROIT

Detroit is going through a renaissance, much like what New Orleans went through after Hurricane Katrina. Talented, passionate, driven people are flocking to Detroit to rebuild the city back to the land of innovation that it was during the days of Henry Ford. Techies have Detroit to thank for being the birthplace of techno. And remember that during Prohibition, 70 percent of all illegal alcohol that entered the United States came through Detroit. How’s that for an entrepreneurial spirit?

AGGREGATE VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $156.5M

DEALS: 74

EXITS: 15

5 YEAR YoY FUNDING GROWTH: 11.4%

5 YEAR YoY DEAL GROWTH: 15.1%

Source: CB Insights

 

ANN ARBOR AND DETROIT AT A GLANCE

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Power Breakfast

Cafe Zola

Sava’s

Señor Lopez

Zingerman’s

Coffee Shops to Start Up In

Comet Coffee

Mighty Good

Sweetwaters

Local Beer

Brune

Final Absolution

Gulo Gulo

“Must Be At” Local Events

Ann Arbor Summer Festival

Detroit Downtown Hoedown

Movement Electronic Music Festival

In the Know

In Ann Arbor, knowing Jim Harbaugh is more important than knowing the Pope.

THE TOP

ANGELS

Dave Hartmann

Roger Newton

Skip Simms

Walter Young

VCs

Arboretum Ventures

Beringea

Detroit Venture Partners

GM Ventures

Plymouth Ventures

RPM Ventures

ACCELERATORS

Desai

Spark Central

TechArb

Techstars Detroit

TechTown

UM Venture Accelerator

ENTREPRENERUSHIP EVENTS

Accelerate Mighican

Detroit Startup Weekend

Entrepreneurs Engage

Grow Detroit

MHacks

Michigan Growth Capital Symposium

TechWeek

Q4’15 - Q3’16 TOP FUNDING ROUNDS

Protean Electric—$70M

Millendo Therapeutics—$62M

Axios Mobile Assets—$14M

Strata Oncology—$12M

RetroSense Therapeutics—$6M

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