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Michigan Pre-Seed Capital Fund invests $1M in four startups

The Michigan Pre-See Capital Fund — a state equity investment fund that backs technology-based startups — recently put a total of $1 million into four companies across the state.

Fusion Coolant Systems, Local Orbit, New Eagle Products and Seelio all were awarded money from the fund.

Fusion Coolant Systems of Ypsilanti is developing advanced manufacturing coolant and lubrication systems.

Local Orbit of Ann Arbor services ecommerce and business management tools related to the food market.

New Eagle Products of Ann Arbor creates control systems solutions, complete with tools, products and services.

To read the full, original article click on this link: Michigan Pre-Seed Capital Fund invests $1M in four startups | 2013-02-13 | Grand Rapids Business Journal