Pre-Seed Fund makes 8th Investment
The Michigan Pre-Seed Capital Fund has approved its 8th investment for Phrixus Pharmaceutical Inc. This Ann Arbor company is receiving funds from the BRCC and its founders. The pre-seed funding is $100,000.
This brings the total investment amount made to date by the fund to more than $1.5 million.
The deal flow is very strong. Four companies are currently being reviewed and evaluated by the Investment Review Board with at least two more companies finalizing their applications.
Subscribe to our newsletters
Don’t miss an event, announcement, or job opportunity. Get news delivered to your inbox and stay informed about what is going on in tech, business, and talent in the greater Ann Arbor region.