The co-founders of Michigan ELab are Rick Bolander, who launched Blue Sky Ventures; angel investor Scott Chou; Bob Stefanski, a co-founder of software company Tibco; and Doug Neal, a serial entrepreneur behind UM's Center for Entrepreneurship.
A group of University of Michigan (UM) alumni have formed a venture capital fund that is tying to raise $40m to link the US state’s start-ups to money in California.
The co-founders of Michigan ELab are Rick Bolander, who launched Blue Sky Ventures; angel investor Scott Chou; Bob Stefanski, a co-founder of software company Tibco; and Doug Neal, a serial entrepreneur behind UM’s Center for Entrepreneurship.
Bolander, Chou, and Stefanski are all based in California while Neal will oversee the…