VC Investment in the Land of Great Lakes is on a Great Pace
August 14, 2013
Since the beginning of 2009, VC investors have completed 179 deals involving companies headquartered in Michigan, according to the PitchBook Platform. During that timeframe, the number of deals completed each year has increased, more than doubling from 23 in 2009 to 50 in 2012. Last year hit the high-water mark for VC investment in Michigan companies, both in terms of deal count and capital invested ($202 million). 2013 is off to a good start (34 deals completed, thus far), already surpassing 2010’s deal total of 30.
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