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2013 January

31 Jan

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Huron River Ventures Invests in Innovation

January 31, 2013 | By |

The Grand Rapids office of Huron River Ventures (HRV) is on the third floor of the Leonard Building at 38 West Fulton, a destination earning its reputation as the “tech hub” of West Michigan.

HRV was started in 2010 with a $6 million capital infusion from the State’s Accelerator Fund Program. It is a Michigan-based venture fund focused on early-stage technology companies focusing on energy, agriculture, and transportation.

Read more on RapidGrowth

31 Jan

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Smart Software Comes to the Farm

January 31, 2013 | By |

Investor and Netscape co-founder Marc Andreessen received a lot of attention a couple of years ago when he wrote that “software is eating the world.” Part of his argument revolved around the idea that software—really good software—will begin to change all manner of industries in the years to come. It’s a thesis that gets bolstered as startups like FarmLogs appear.

Read more on BloombergBusinessweek

25 Jan

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Old McDonald had an app: FarmLogs lands $1M to modernize farm management

January 25, 2013 | By |

There are apps that cater to salesmen, to cooks, to contractors and to stockbrokers. Why not an app for farmers? FarmLogs — a Y Combinator grad relocated to Ann Arbor, Mich. — has raised $1 million to invest in its digital management platform for farmers – and by farmers I mean the ones out of Steinbeck novels, not the ones on Facebook.

FarmLogs has designed software-as-a-service platform that helps small growers plan, manage and analyze their agricultural operations with the aim of maximizing crop yield and therefore profits.

Read more on gigaom.com

21 Jan

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Huron River Ventures Invests in Digital Cleantech, Michigan’s Future

January 21, 2013 | By |

It only takes five minutes with Tim Streit to get excited about Michigan’s potential.   The venture capitalist could easily be the state’s chief evangelist.

“People who don’t know what’s happening here think I’m crazy for being so enthusiastic about Michigan,” Streit explained. “From even the most pragmatic, reserved viewpoint, all I see is potential; Michigan has everything it takes to nurture a healthy start-up ecosystem. You can see momentum building statewide from Grand Rapids to Detroit.”

Read more on mvca.org