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Tech Innovators Honored at Michigan Venture Capital Association Awards Dinner

Thursday, November 3, 2016   (0 Comments)
Posted by: Kate Oesterle
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Millendo Therapeutics, Fontinalis Partners and RetroSense Therapeutics were the top honorees Wednesday at the Michigan Venture Capital Association's 2016 Awards Dinner at the  Rattlesnake Club  in Detroit.

Ann Arbor-based Millendo Therapeutics works on finding drugs to improve the quality of life for patients with endocrine diseases. It won the Capital Event of the Year Award as the state's largest health care deal in 2016 and largest venture capital financing round in the state.

Detroit-based Fontinalis took the 100 Award as it closed on a $100 million capital fund, the largest raised in the state this year. Ann Arbor-based RetroSense, which aims to restore vision to those with a retinal degenerative condition, won Exit of the Year because it was acquired for $60 million by pharmaceutical giant Allergan. 

This is the first time in the awards' 12 years that the event took place in Detroit.

In addition to giving out the awards, the event kicked off the partnership between MVCA and the Detroit auto show that could last a year or longer, Brosnan said.

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