Jeff Wesley runs an unusually integrated venture platform at Michigan Rise that spans from idea creation through multiple funding stages to non-dilutive working capital, overseeing four different programs simultaneously while managing one of the Great Lakes' most active early-stage portfolios with over 200 companies and 20-30 investments per quarter. He has architected first-of-their-kind Michigan-focused funds including a $10.6M evergreen fund that recycles returns back into the state and a $10M healthcare fund with Henry Ford Health that pairs capital with direct clinical access, while using non-traditional tools like Purchase Order Financing to help startups bridge from early revenue to bankability.
About their Fund
Sectors
Biotech, SaaS, Deeptech / Hardware, Health, AI, Logistics, Consumer, Climate
Rounds
Seed - Series B+
Avg Check Size
Notable Investments
Michigan Rise is a pre-seed venture fund structured as a wholly owned subsidiary of the Michigan State University Research Foundation and operated in partnership with the Michigan Economic Development Corporation, making it a hybrid academic-public development vehicle rather than a standalone private fund. The fund combines traditional pre-seed equity checks with a Purchase Order Financing program that provides working-capital financing for young companies to fulfill large orders, an unusual capability that lets them bridge both equity and quasi-debt capital needs under one platform.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
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Links
Deeptech / Hardware
Robotics
Biotech
+
12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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