MLive – Venture capital fund invests record amount in Michigan startups

BY Shandra Martinez

GRAND RAPIDS, MI — Last year was a big year for Grand Angels, one of the state’s top angel investment groups
The Grand Rapids-based fund invested a record $3.5 million in a dozen deals in 2015, marking a 20 percent increase
over 2014. Grand Angels expects to soon hit a major milestone of $20 million total investment since its founding in
2004 by former Grand Bank CEO Charles C. Stoddard and entrepreneur, Craig T. Hall.
The investments are in early stage companies in the life sciences, advanced manufacturing, advanced agriculture
and B2B technology fields.

Read the full article on MLive’s website.