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Michigan Rise Pre-Seed Fund III invested in five Michigan-based startups during May 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:  

  • The Electric Plant Company: Uses low-cost sensors to read electrical signals from plants, helping farmers and arborists monitor plant health in real time. 
  • Atterx Biotherapeutics: Develops new treatments for drug-resistant bacterial infections using targeted therapies that block bacteria from attaching to cells. 
  • Livegistics: Replaces paper tickets with digital tools that track dirt, asphalt, and other materials moved on construction sites. 
  • Chiyo: Provides science-backed meal programs inspired by Asian ingredients and traditions to support women’s health during fertility and postpartum. 
  • Magsorbeo Biomedical: Makes surgical implants from metals that naturally dissolve in the body, reducing the need for follow-up procedures. 

“These companies are tackling practical problems in agriculture, healthcare, construction, and women’s health,” said Tommy Skinner, Director of Venture Investments at Michigan Rise. “We’re excited to support founders who bring deep expertise and a clear vision for scaling their solutions here in Michigan.” 

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.