BY Mark Sanchez
GRAND RAPIDS — The $1.4 million investment in Portage-based Micro Laser Assisted Machining Technologies
LLC represents the largest single investment ever for Grand Angels and its affiliated angel groups and venture
capital fund.
As well, the deal demonstrates the benefit of building a broader statewide investment network that can participate in
larger capital rounds for growing portfolio companies. “We’re building the scale now with our network that we can
write larger checks so we can really be involved with these companies and make a big difference,” said Tim Parker,
the president of Grand Angels, a Grand Rapids-based angel investment fund that, along with affiliates in Kalamazoo
and Detroit, led the most recent capital round in Micro-LAM.
Read the full article on MiBiz’s website.