EDF Ventures invests in downtown Ann Arbor, creates new fund

Thursday, November 20, 2008 | Source: Concentrate

One of Ann Arbor's emerging venture capital firms is getting ready to grow a little bigger.

Excerpt:

In a small, old house on the northern edge of Ann Arbor's downtown is one of the big players in Michigan's new economy – EDF Ventures.

The venture capital firm invests in numerous early-stage health care companies. Today it has about $170 million worth of assets under management. About a third of those are based in Michigan. Its latest investment, for example, is in Grand Valley State-based TransCorp, a start-up that develops surgical instruments and implants.

Read the rest of the story here.