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EAST LANSING, Mich. (XX) –– Michigan Rise Pre-Seed Fund III invested in three Michigan-based startups during April 2025. The companies span a range of industries and reflect the fund’s focus on early-stage, high-growth ventures.
The fund supported the following companies:
- Lutely, a commission-free platform that helps music creators license tracks, distribute content, and streamline their workflow with AI tools.
- Syncurrent, helping local governments such as rural municipalities and tribal nations use technology to find funding, improve services, and operate more efficiently.
- A company currently operating in stealth mode.
“Each of these startups is tackling real-world challenges with a unique approach,” said Jeff Wesley, Executive Director of Michigan Rise. “From helping independent artists build sustainable careers, to modernizing local government operations, we’re seeing strong early-stage activity across the state. These investments reflect the kind of impact-driven innovation we aim to support.”
Michigan Rise is a wholly owned venture capital subsidiary of the Michigan State University Research Foundation, operated in partnership with the Michigan Economic Development Corporation (MEDC). Michigan Rise provides early-stage funding to innovative companies that have the potential to transform industries and create jobs in Michigan.
