Invest Michigan
VC Fund
Detroit, United States
Invest Michigan is a non-profit funded by the Michigan Strategic Fund. As fund manager for both the Michigan Pre-Seed Fund 2.0 and the University Commercialization Fund, Invest Michigan invests in early-stage high tech businesses located in Michigan.The Michigan Pre-Seed Fund 2.0 is an investment fund aimed at supporting pre-seed and seed stagetechnology companies located in Michigan. The MPSF 2.0 offers equity or convertible debt initial investments ranging from $50,000 – $150,000 with the goal of supporting our portfolio companies with additional follow-on investments.The University Commercialization Fund provides funding of up to $100,000 for the commercialization of technologies originating from any of the 15 Michigan public universities. A signed option or license agreement from the Technology Transfer Offices is required.
- Total investments:
- 14
- Last investment:
- Lead investor:
- 7%
Last updated:
For AI agents: llms.txt
Industries Invest Michigan invests in
Stages Invest Michigan invests in
Countries Invest Michigan invests in
Contacts
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Investment Focus
Industry
- Health Care 6 (43%)
- Biotechnology 3 (21%)
- Hospital 2 (14%)
- Automotive 2 (14%)
- Manufacturing 2 (14%)
Stage
- Seed 7 (50%)
- Funding Round 2 (14%)
- Pre-Seed 1 (7%)
- Series A 1 (7%)
- Series C 1 (7%)
Team
| Name | Title | Investments | Links | |
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Charlie Moret
President, CEO, and Chairman of the Board of Invest Michigan
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President, CEO, and Chairman of the Board of Invest Michigan | Total investments: 1 | Find email |
Investments
| Company | Description | Round | Links |
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Refraction AI is a leading robotics delivery software and services startup. It builds and deploys robotic platforms for providing safe and scalable last-mile goods delivery in urban areas. Refraction picks up goods from places like restaurants, pharmacies, and grocery stores and brings them directly to the door, enabling faster, cheaper, and saferdelivery to meet customer’s growing expectations.Refraction’s robots are completely autonomous using a system of a dozen cameras, radar, and ultrasonic sensors and can also be teleoperated and monitored remotely. They employ an autonomy stack that is designed to perform in all climates, from the harshest of winters of Michigan to the hottest summers of Texas. | $4.2M / Seed / Mar 08, 2021 | |
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Shoulder Innovations is a medical device company that has developed inset glenoid fixation technology, creating the most robust and stable glenoid platform in the industry. The company's Total Shoulder Replacement System addresses the most significant issue in shoulder arthroplasty: unreliable fixation of the glenoid implant. It also leveragesthis technology to create simple surgical instrumentation, which reduces operative time and cost.Shoulder Innovations designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. Published results show Shoulder Innovations’ solution provides greater post-surgical implant stability, addressing the leading cause of revision surgery. | $21.6M / Nov 02, 2020 | |
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Ripple Science delivers web-based software and an active registry that facilitates the recruitment and management of research participants for clinical and translational studies. By adapting sales and marketing automation tools to the process of participant recruitment, Ripple empowers its customers to recruit more participants faster.Thecompany's flagship product, Ripple SaaS, is currently being used by research investigators at more than 75 academic and research centers around the world, including Johns Hopkins University, Pennsylvania State University, University of California Los Angeles, the Brain Research Foundation Canada, University of East Anglia, Cognito Therapeutics, and the University of Michigan. | $2.5M / Jan 07, 2020 | |
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Ripple Science delivers web-based software and an active registry that facilitates the recruitment and management of research participants for clinical and translational studies. By adapting sales and marketing automation tools to the process of participant recruitment, Ripple empowers its customers to recruit more participants faster.Thecompany's flagship product, Ripple SaaS, is currently being used by research investigators at more than 75 academic and research centers around the world, including Johns Hopkins University, Pennsylvania State University, University of California Los Angeles, the Brain Research Foundation Canada, University of East Anglia, Cognito Therapeutics, and the University of Michigan. | $2.5M / Seed / Jan 07, 2020 | |
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Orbion Space Technology develops and manufactures plasma propulsion systems for small satellites. Orbion’s thrusters can save spacecraft operators millions of dollars in operating costs while increasing the value of the spacecraft’s data products. Its manufacturing approach enables the production of plasma thrusters at the unprecedentedly highrates that are required to equip the space revolution. | $9.2M / Series A / Aug 28, 2019 | |
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ONL Therapeutics is a biopharmaceutical company dedicated to protecting vision through the protection of photoreceptors. The current market for retinal drugs is greater than $7 billion and rapidly growing. Existing therapies have significant limitations and none address the initial neural component of vision loss - the death of the photoreceptorcell. | $3M / Convertible Note / Aug 22, 2019 | |
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GreenMark is a healthcare company providing health-based benefits using nanoparticles. The company develops technologies that involve biopolymer nanoparticles produced from natural starch as a raw material. | $670K / Seed / Mar 20, 2019 | |
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SpellBound provides immersive augmented reality tools to hospital care teams to positively engage patients in treatment, lower cost of care, and improve patient experience. SpellBound works with the iOS and Android devices that are already used by hospital therapists and families to bring books, spaces, and printed materials to 3D life. It wasfounded in 2015 and is based in Ann Arbor, Michigan, United States. | $750K / Seed / Dec 04, 2018 | |
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Fusion Coolant Systems provides an advanced coolant and lubrication system for use in manufacturing which increases production rates and tool life. Today’s metalworking fluids are a toxic mix of oil, water and various chemical additives which provide poor performance at significant costs to worker health, safety and the environment.FusionCoolant’s patented CHiP Lube system is the most significant advance in metalworking fluids in many decades. The system outperforms existing metalworking fluid systems and is proven to reduce costs while simultaneously improving worker health and eliminating a toxic waste stream. | $8M / Series C / Oct 05, 2018 | |
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Bloomscape is an online plant shopping platform that offers home ready plants and tools for plant care. The company makes buying plants easy by delivering ready-to-go plants to its customer's door. It is a DTC company with a mission to drastically improve the entire plant buying and care experience in every area of the home and garden. | $1.7M / Seed / Sep 20, 2018 | |
| See all 14 investments → | |||
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FAQ
What does Invest Michigan invest in?
Invest Michigan invests primarily in Health Care, Biotechnology and Hospital startups, most often at Seed and Funding Round stage. Most of the 14 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Invest Michigan?
Public channels for Invest Michigan include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Invest Michigan?
The team at Invest Michigan includes Charlie Moret (President, CEO, and Chairman of the Board of Invest Michigan). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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