$120 million Venture Michigan Fund II Formed To Support Growth of High-Tech Companies in Michigan

Ann Arbor, Mich. – The Venture Michigan Fund II, Limited Partnership ("VMF II") announced today that it has launched a new fund to invest in high quality venture capital funds committed to investing in Michigan based high technology companies.

VMF II has capital totaling $120 million to invest in venture capital funds targeting seed and early stage capital Michigan companies in a wide variety of high growth, emerging industries including advanced manufacturing, health care and life sciences, information technology, alternative energy, and homeland security and defense.

Full Story: http://michiganvca.org/blog/2011/01/17/member-news-venture-michigan-fund-ii-formed-to-support-growth-of-high-tech-companies-in-michigan/