You are currently viewing Detroit VCs weigh in on fundraising and building startups in Michigan and the Midwest – TechCrunch

Detroit VCs weigh in on fundraising and building startups in Michigan and the Midwest – TechCrunch


TC just hosted a small virtual meetup with Detroit startups and venture capitals. Like the one we held last month in Miami, the event was a blast and featured a talk with two local VCs on which startups work in Detroit and how to raise money from local investors.

In case you missed it, the video of this talk is below. Jonathon Triest from Ludlow Ventures and Patti Glaza from Invest Detroit Ventures spoke extensively on the wide-ranging types of startups that call Detroit home. They point to Bloomscape (houseplants) and StockX (sneakers) and the numerous medical and security startups in Detroit, nearby Ann Arbor and the surrounding metro area. Both firms invest in early-stage startups, but do so in radically different ways.

The 20-minute conversation covers the types of founders who can find success in Detroit and other Midwestern areas.

This event was part of TC’s growing series of City Spotlights, where we focus on a growing startup ecosystem and highlight what makes the area attractive for startups. We’re going to Pittsburgh next and hope you can join us.



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