• LightGuide

  Participated · Series B · Jul 2021

  LightGuide provides a digital AR workflow instruction software platform and high-powered projector systems that project step-by-step instructions onto work surfaces to guide and confirm complex manual tasks. Its patented Industry 4.0 technology offers visualization, traceability, and “No Faults Forward” process control through defect prevention and traceable analytics. The platform is used across industries including automotive, aerospace, heavy equipment, agriculture, energy, and medical. Key clients named include GE, Bosch, Caterpillar, Magna, and JR Automation. The company said it will use the funding to accelerate worldwide growth by expanding its global sales and support network and continuing R&D in its cloud infrastructure and software suite. LightGuide is based in Wixom, MI, and also operates a European office in the Czech Republic.

• Fusion Coolant Systems

  Led · Series C · Oct 2018

  Fusion Coolant Systems develops and commercializes patented supercritical carbon dioxide cutting fluids for manufacturing. The technology uses CO2 as a cutting fluid to lower manufacturing costs in large sectors such as medical, aerospace, and automotive. The company is based in Canton, Michigan. It plans to use new capital to grow staff, expand operations, and acquire equipment and personnel. The company raised $8M in a Series C financing led by Material Impact and Michigan Capital Advisors, with participation from existing investors MINTS, Amherst Fund and Invest Michigan. Fusion Coolant was founded by Steven Skerlos, Arthur F. Thurnau Professor of Mechanical Engineering at the University of Michigan. Fusion Coolant Systems develops patented supercritical carbon dioxide cooling and lubrication technology for metal cutting and forming applications. The company uses recycled CO2 in the form of supercritical carbon dioxide to deliver clean manufacturing solutions that protect worker health and the environment. Fusion is a University of Michigan spinout and is based in Canton, MI. Leadership includes Interim CEO Steve Skerlos and Arthur F. Thurnau, Professor of Mechanical Engineering at the University of Michigan. The company intends to use newly raised funds to grow its engineering and sales teams. No operating metrics were disclosed in the article. Fusion Coolant Systems commercializes CHiP Lube, an advanced patented Carbon Dioxide (CO2) dry coolant and lubrication system for machining and forming metal or plastic parts. The company is a University of Michigan tech transfer startup based in Detroit and is led by CEO Tom Gross. Fusion intends to use its recent funding to build out sales, marketing and product development. The product targets manufacturing customers needing dry coolant and lubrication solutions. The article reports a $600K Series A raise, indicating early-stage commercial and financial progress.

No current team members are available.