“Venture capital” is becoming Ann Arbor’s buzz words these days. Local start-ups are raising VC funds and new VC firms setting up shop here in Tree Town. Add Huron River Ventures to that list.
Two University of Michigan graduates, Ryan Waddington and Tim Streit, are setting up the downtown Ann Arbor-based venture capital firm. The two friends have worked in seed capital jobs across the country for years, ranging from DTE Energy Ventures to HSBC New Business Development, giving them backgrounds in both investment and clean technology.