Three Leaf Ventures sets up shop in Ann Arbor with eyes on Michigan research.
Three Leaf Ventures, the venture arm of the family investor Broe Group with $5bn under management, has expanded into Ann Arbor with a view to draw on research stemming from Michigan University.
The venture unit, which will be focusing on early-stage healthcare companies both stemming from the institution and the surrounding area, typically invests between $500,000 and $2m, but will go as low as $100,000 and as high as $5m in companies at all areas of growth from seed to…