Michigan’s Huron River Ventures Partners Announces $11M Fund For Energy Efficient Startups
“Ann Arbor is the natural startup hotbed,” said Tim. “We intentionally opened our first office in Ann Arbor. That’s the center of talent in the Midwest.”
Huron River Ventures Partners, an Ann Arbor, Mich.-based early stage venture capital firm, just announced that it recently closed the final round of its first fund, Huron River Ventures I at $11 million.
Tim Streit and Ryan Waddington, managing directors of Huron River Ventures, are ready to invest in more companies looking to change the way we consume energy. The pair moved to Ann Arbor and started investing in young startups in 2010. Since then, they have made seven seed-stage investments in energy-efficient companies including Side.Cr, FarmLogs, and Ambiq Micro.
But this isn’t about just solar or wind energy. This is about companies with a novel approach to consumption and use. For example, as Sterit told me, they invested in…
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