Renaissance drives the growth of regional venture capital investment, while serving as a bridge between emerging innovation communities and a strong industrial and commercial base.
If you are an entrepreneur or investor who would like to learn more about Renaissance’s programs and strategies, please contact us.
Driving Regional Investment
In many regions of the U.S., there is significant underinvestment in high-potential startup companies. For instance, the state of Michigan ranks in the top ten states for both business research investment (4th) and academic research expenditures (8th), but has traditionally lagged in total venture capital investment. This gap represents significant investment opportunities for venture capitalists and growth opportunities for the region. Renaissance is focused on closing this gap by creating value added connections between high potential startups and strong national investors.
Renaissance works with statewide partners across universities, accelerators, seed and angel funds to identify Michigan’s best early stage companies. We then work individually and programmatically to connect these companies with Renaissance’s national venture capital network. Through these efforts, Renaissance has helped attract over $2.6 billion of investment into more than 50 promising young Michigan companies, approximately $14 for each dollar invested by Renaissance.
Connecting Innovation to Michigan
Renaissance’s network of corporate partners continues to grow. To date, Renaissance has worked with dozens of major corporations to connect them with technologies and innovation from Renaissance’s portfolio companies.
Renaissance regularly curates connections between promising venture-backed early stage companies and major corporations looking for innovation, creating win-win connections that help early stage companies in its portfolio find transformational customers and partners, and help major companies discover much needed innovative technologies. The current Renaissance portfolio includes over 50 venture capital funds and over 800 active portfolio companies ranging across all sectors and company stages.
If you are interested in learning more about Renaissance’s innovation network, please contact us.
