CerviLenz Raises $4 Million

CerviLenz Inc., a Cleveland-based maker of disposable devices used to predict the risk of preterm birth in pregnant women, has raised $4 million in first-round funding. Arboretum Ventures led the round, and was joined by Chrysalis Ventures. PRESS RELEASE CerviLenz Inc., a manufacturer and distributor of a disposable device used to predict the risk of preterm […]

Arboretum Ventures Raises Second Fund

Arboretum Ventures has closed its second fund with $73 million in capital commitments. The Ann Arbor, Mich.-based firm focuses on healthcare and life sciences opportunities, and had raised $24 million for its debut fund in 2005.

Michigan F-O-F Makes First Commitment

Arboretum Ventures has received a $5 million commitment from its second fund, from the Renaissance Venture Capital Fund, a new venture fund-of-funds focused on the Michigan market. This is Renaissance’s first commitment.

VC-Backed Healthmedia Sells To J&J

New Brunswick, NJ, (October 27, 2008) – As an initial step in the creation of a wellness and prevention business platform, Johnson & Johnson announced today it has acquired HealthMedia, Inc., a privately held company located in Ann Arbor, Michigan, that creates web-based behavior change interventions. Terms of the transaction were not disclosed. HealthMedia combines […]

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