FarmLogs has closed a $1 million seed funding round co-led by Huron River Ventures and Hyde Park Venture Partners. Hyde Park Angels, Silicon Badia Ventures, and First-Step Fund participated in the investment along with angel investors. FarmLogs is a Michigan startup and Y Combinator alum that helps farmers digitally manage their farm to increase profitability.
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Tech transfer start-up company Fusion Coolant Systems, has raised $600,000 in venture capital funding, completing its Series A round. The Frankel Fund, a University of Michigan student-led venture capital fund, was the lead investor. Also participating in the financing round was The Amherst Fund, Automation Alley, Detroit Enterprise Fund, First Step Fund and The Michigan Pre-seed Fund.