Grand Rapids, Mich. (Jan. 8, 2024) – Michigan Capital Network (MCN), the state’s largest association of regional angel investing groups and the management entity for four venture capital funds, announced today that Meagan Malm will now take on the added role of Director of Grand Angels.
Ms. Malm joined MCN in 2020 and was named a principal at the firm in December 2022. In that role, she sources investment opportunities, conducts due diligence and manages the firm’s portfolio companies. In addition to the Grand Angels appointment, she has been named to the Board of Directors of Poppy Flowers, an MCN portfolio company based in Virginia. Her board commitments also include serving on the Michigan Venture Capital Association Board and its Talent Committee, as well as serving as an observer on the PhotoniCare Board of Directors.
Ms. Malm holds a business degree from the University of Michigan, Stephen M. Ross School of Business, with a concentration in Strategy and Entrepreneurial Studies. Upon graduation, she was selected as the sole recipient of the Raoul Wallenberg Fellowship, a two-year program to self-direct a research project in Tanzania, where she studied the application of mobile micro-financial tools. Additionally, she is a University of Michigan Hopwood Award Winner, Ross School of Business Carson Scholar, and a Fulbright Scholar. In October 2023, she was recognized as a 40-Under-40 business leader by Crain’s Grand Rapids Business.
Her responsibilities as director of the Grand Angels will involve member engagement and attraction, while also leading activities associated with the review and selection of prospective investor opportunities.
“Meagan is a tremendous organizational leader who has a great working knowledge of the Grand Angels group and its mission,” said Paul D’Amato, CEO and Managing Director of the firm. “She has the full faith and confidence of the member-investors and her insight will help grow the organization going forward.”
MCN’s five regional angel investment groups total more than 200 individual investors or members. Between the angel groups and the four venture capital funds, MCN has invested in more than 100 companies, creating more than 2,000 high-paying tech industry jobs in Michigan.
Click here to learn more about Michigan Capital Network and its portfolio of investments.
About Michigan Capital Network
Michigan Capital Network is a non-profit trade association representing five regional angel investment groups – Grand Angels, Ka-Zoo Angels, Woodward Angels, Flint Angels and Bluewater Angels – and management entity for four venture capital funds. The association is committed to utilizing its financial, intellectual and networking resources to help its portfolio companies grow and positively impact the Michigan economy.