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Michigan Rise expanded its portfolio in October with four new investments and one purchase order financing loan. These Michigan-based startups span mobility, CleanTech, and EdTech, reflecting the breadth of early-stage innovation taking place across the state.
New Investments:
- Bloom (togetherwebloom.us) – Operates a marketplace that connects hardware and electric-mobility companies with trusted manufacturing and service partners.
- Electric Outdoors (electricoutdoors.com) – Creates solar-powered canopies that deliver off-grid EV charging and flexible setups for outdoor recreation.
- Maka Media (makakids.com) – Operates a platform that helps families discover safe, age-appropriate kids’ content using expert-curated reviews and responsible AI.
- Meknology (meknology.com) – Designs water treatment systems that remove contaminants to enable cleaner, more sustainable reuse.
Purchase Order Financing:
- Civilized Cycles (civilizedcycles.com) – Builds compact electric vehicles for city life, combining comfort, utility, and style for everyday transportation.
“Supporting startups at the earliest stages is the motivation for everything we do and it’s so rewarding,” said Tommy Skinner, Director Venture Investments for Michigan Rise. “The companies we backed this month are building practical solutions with real potential to create jobs and strengthen Michigan’s innovation economy.”
Michigan Rise is a wholly owned venture capital subsidiary of the MSU 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.
