Michigan Capital Network
Grand Rapids, Michigan, United StatesFounded 2003
Michigan Capital Network (MCN) is an early-stage venture capital and angel investment firm based in Grand Rapids, Michigan. Originally formed as Grand Angels, MCN manages multiple venture capital funds and angel investing networks, investing in Midwest-based startups across life sciences, advanced manufacturing, software, and defense technologies.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $10.0M (across 22 rounds with reported amounts).
Portfolio
22
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Fluxworks | Seed | $5M | Jan 2026 |
 Tacit Therapeutics | Series A | $19M | Jan 2026 |
 Akadeum Life Sciences | Series A | $20M | Jun 2025 |
 Poppy Flowers | Series A | $2.7M | Jan 2025 |
 PhotoniCare | Series B | $4.6M | Dec 2024 |
 Atlas Space Operations | Growth | $15M | Sep 2024 |
 ATLAS Space | Growth | $15M | Sep 2024 |
 Immusoft | Series B | $4.6M | Jun 2024 |
 Accelerated Filtration | Pre-Seed | $1.5M | Jul 2022 |
 Movellus | Series B | $23M | Jan 2022 |
| MMovellus Circuits | Series B | $23M | Jan 2022 |
 ADHD Online | Series A | $12M | Jan 2022 |
| Akadeum Life Sciences | Series B | $17.5M | Oct 2021 |
 LightGuide | Series B | $15M | Jul 2021 |
 Coolant | Series C | $8M | Oct 2018 |
 Avegant | Series A | $12M | Aug 2018 |
 Groundspeed Analytics | Series A | $2M | Apr 2017 |
| PProNAi Therapeutics, Inc. | Bridge | $6.7M | Sep 2006 |
 Poppy | Series A | $2.7M | — |
 BlastPoint | Growth | — | — |
| MMentavi Health | Unknown | $2M | — |
| OOcuphire | Unknown | $5M | — |
 SupportPay | Seed | $3.1M | — |
Top Co-Investors
Red Cedar Ventures4 shared
Beringea3 shared
Michigan Rise3 shared
Intel Capital3 shared
Western Technology Investment2 shared
Arbor Ventures2 shared
Virginia Venture Partners2 shared
Front Porch Venture Partners2 shared
IDEA Fund Partners2 shared
SK hynix2 shared
MESH2 shared
In-Q-Tel2 shared
NewSpace Capital2 shared
LifeSpan Vision Ventures1 shared
Berkeley Catalyst Fund1 shared
Agilent Technologies1 shared
University of Michigan1 shared
Bluestone Equity Partners1 shared
New York Ventures1 shared
Y Combinator1 shared
Last updated: 20 October 2026