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Whirlpool's beer system gets a taste of crowdfunding
Dustin Walsh - Whirlpool Corp. launched a beer fermenting system late last month, but the multibillion-dollar appliance giant went a route familiar to entrepreneurs to brew it up. The maker of brands...
View ArticleDetroit-based Lunar Labs named Thiel Fellow
Tom Henderson - The San Francisco-based Thiel Foundation has awarded $100,000 to Lunar Labs, a Detroit startup and a member of last summer's first class of companies to go through the Techstars...
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Opinion: Smart roads need smart investment
Smartphones, smart appliances and smart cars are increasingly part of daily life, and finding new ways for all those devices with smart sensors to talk to each other is an industry that is growing...
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Company's new wireless tech will watch house when you can't
Tom Henderson - Two former presidents of OnStar Corp. have formed another company that uses wireless technology to communicate with customers. The company is Northville-based HouseSetter LLC, and it...
View ArticleRace for mobility test beds
Crain's Detroit Business - Michigan is one of a number of states vying to be a national leader in mobility, particularly as it pertains to development of connected and automated vehicles and smart...
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Southeast Michigan navigates smart roads, but financing remains uncertain
Lindsay VanHulle - LANSING — The smart roads of the not-too-distant future are being built in Southeast Michigan. Along a 125-mile triangle from St. Clair Shores to Brighton and Ann Arbor and back,...
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Sales healthy for Tespo vitamin dispenser startup
Jay Greene - A Northville-based company is gaining traction with buyers as it aims to make vitamin pills a thing of the past. LifeBoost LLC and its patented vitamin dispensing system Tespo is the...
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Bob Paul turns to sports in new VC deal
Tom Henderson - Bob Paul, the former CEO at Detroit-based Compuware Corp., expects to close this week on the first investment by his new venture capital company, Northville-based Greenflash...
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Understanding the autonomous vehicle industry is a complex dance
Gerald Lievois and Alexis Schostak - In less than two decades, it is likely that approximately 21 million autonomous vehicles will have been sold worldwide — including 4.5 million in the United States....
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BioStar Ventures shines bright in venture capital sky
Tom Henderson - Here's the venture capital equivalent of a man-bites-dog story: TransMedics Inc., a medical device company in Andover, Mass., hopes to have approval from the U.S. Food and Drug...
View ArticleMichigan-China Innovation Center open in downtown
Marti Benedetti - The Michigan-China Innovation Center plans to open its new office in the 1001 Woodward Building in downtown Detroit on Monday. "This center will focus on creating jobs in Michigan in...
View ArticleMichigan State gets $4.5 million for entrepreneurship institute
Associated Press - EAST LANSING — Michigan State University's Institute for Entrepreneurship and Innovation is getting a $4.5 million boost from businessman Robert Burgess. The gift for the institute,...
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Accelerate Michigan back for 7th year; 8th year in doubt
Tom Henderson - There will be a seventh annual Accelerate Michigan Innovation Competition this fall in Detroit, alleviating worries that budget issues might halt its run as one of the largest business...
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Keith Crain: Driverless cars are at least 10 years away
Keith Crain - A few weeks ago, Joshua Brown became a footnote in history when he became the first person killed in an autonomous vehicle. I don't know what he was doing, but we know for certain that...
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Mobility magnet: In the driverless car race, Michigan attracting outside...
Lindsay VanHulle - LANSING — Several years ago, Praveen Singh made a bet on Detroit. The Silicon Valley technology startup he founded decided to market the advanced wireless systems it developed to...
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MSU intends new food processing center to aid second-stage companies
Sherri Welch - The Michigan State University Product Center hopes to break ground this fall on a new processing center that will allow second-stage food companies to test new products and markets...
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Fear of recession clouds technology excitement at auto industry conference
Dustin Walsh - The mood at last week's annual automotive business conference, called Management Briefing Seminars, ranged from energetic on new technology to somber over looming concerns about North...
View ArticleInventev seeks backers to open Detroit center
Crain's Detroit Business - Inventev LLC, a TechTown Detroit tenant that is developing and marketing a mobile power-generation system for work trucks, is seeking financial partners for its quest to open...
View ArticlePro bono IP work a growing service
Dustin Walsh - The legal community has a longstanding relationship with low-income Michigan residents, whether on housing, consumer issues, education or otherwise. But pro bono intellectual property...
View ArticleU.S. patent surge: 1994-2014
Dustin Walsh - Innovation is key to U.S. economic growth, and that's never been more evident than in the past couple of decades. Between 1994 and 2014, patents granted by the U.S. Patent and Trademark...
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