Locations

Ann Arbor · MI, USA; Remote

Private financing in Ann Arbor, aggregated from public sources.

$210.4M
Capital raised
14
Companies
25
Rounds
2009
First on record
2025-10-01
Latest round

Cooling Ann Arbor drew $5.0M over the last 12 months, down 92% versus the prior 12 ($60.0M). Of 10 companies rankable against same-niche peers, 0% model over-valued and 40% under-valued.

Capital flow over time

Quarterly capital raised in Ann Arbor.

2009-Q1 · $2.2M2009-Q12009-Q2 · $46.8M2011-Q2 · $200K2011-Q22013-Q3 · $100K2013-Q4 · $5.0M2013-Q42014-Q1 · $4.3M2014-Q2 · $502K2014-Q22015-Q2 · $29.9M2016-Q3 · $2.3M2016-Q32017-Q2 · $2.6M2018-Q1 · $2.5M2018-Q12018-Q3 · $639K2019-Q3 · $3.0M2019-Q32020-Q4 · $28.8M2021-Q4 · $100K2021-Q42022-Q2 · $250K2023-Q1 · $5.0M2023-Q12023-Q4 · $1.1M2024-Q1 · $10.0M2024-Q12024-Q3 · $60.0M2025-Q4 · $5.0M2025-Q4
Sector mix
SectorCompaniesRoundsCapital
Biotechnology211$111.8M
Pharmaceuticals26$85.8M
Other Technology36$6.7M
Other11$5.0M
Other Health Care11$1.1M
Top-funded companies
CompanySectorRaisedModeled value
Lycera CorpPharmaceuticals$85.7M$1.0B
ONL Therapeutics, Inc.Biotechnology$111.5M$495.5M
Pawnguru, Inc.Other Technology$3.9M$85.2M
Endra, Inc.Biotechnology$287K$15.9M
Djs Ky LlcOther$5.0M$15.6M
Arbor Photonics IncOther Technology$2.4M$6.8M
Culturewell, Co.Other Health Care$1.1M$6.4M
Phrixus Pharmaceuticals IncPharmaceuticals$100K$4.7M
RF Bistatics, Inc.Other Technology$350K$3.9M
Loving Works LlcRetailing$300K$450K
CribspotProptech / Real Estate
May MobilityRobotics
FarmLogs
Forever LabsSoftware / Tech
More in MI, USA; Remote

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Frequently asked
How much venture funding have companies in Ann Arbor raised?
Companies based in Ann Arbor have raised approximately $210.4M across 25 recorded financing rounds among 14 companies, aggregated from public sources.
Is startup funding in Ann Arbor growing?
Ann Arbor funding is currently cooling: capital raised over the last 12 months was down 92% versus the prior 12 months.
What sectors are most active in Ann Arbor?
The most active sectors in Ann Arbor by recorded financing are Biotechnology, Pharmaceuticals, Other Technology, Other. See the sector mix table for company and round counts.
Which are the most-funded companies in Ann Arbor?
The most-funded Ann Arbor companies in our coverage include Lycera Corp, ONL Therapeutics, Inc., Pawnguru, Inc., Endra, Inc., Djs Ky Llc. See the ranked table for disclosed capital and modeled valuations.
Ann Arbor startup funding — $210.4M raised · Provath