Michigan spin-out Arborlight secures $1.7m series A for artificial skylight.
Arborlight, a spin-out of Michigan University, has raised $1.7m in series A funding.
The round was led by the Michigan Angel Fund (MAF), established by economic development firm Ann Arbor Spark and financially supported by state-backed Michigan Economic Develop Corp. Michigan Pre-Seed Capital and Ann Arbor Spark also supported the round.
The US-based firm, a 2010 participant in Ann Arbor Spark’s entrepreneur’s bootcamp, previously raised $500,000 in seed funding from Michigan Pre-Seed Capital and angel backers in 2013 shortly after…