Ludlow Ventures

  • Ludlow Ventures has closed its second fund with $45 million

    Ludlow Ventures has closed its second fund with $45 million

    Ludlow Ventures, a young, early-stage venture firm in Detroit, has closed its second venture fund with $45 million in capital commitments, founder and managing partner Jonathon Triest tells us. Ludlow’s team, which includes partner Brett deMarrais and associate Blake Robbins, was originally targeting $40 million; its investors, or limited partners, include four institutions, along… Read More

  • uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded

    uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded

    What if wireless power at a distance actually worked? It does. uBeam invented a way to wirelessly send energy up to 15 feet away with ultrasound. What if you could slap a wireless charging case on your phone and charge it while you move around or use it? uBeam invented that too. While early uBeam prototype were massive, non-portable boxes that merely shot power around, it now has a working… Read More

  • Backed By $3.5 Million, SnowShoe Debuts Clever, Plastic “Stamps” That Unlock Content On Mobile Phones

    Backed By $3.5 Million, SnowShoe Debuts Clever, Plastic “Stamps” That Unlock Content On Mobile Phones

    Imagine being able to touch a toy figurine to your phone’s screen in order to see the character transported into your video game, or touching another small piece of plastic to the phone in order to unlock exclusive content, like a new video or iTunes download. A startup called SnowShoe has developed technology that does just this – it has created clever, plastic… Read More

  • Detroit Hustle In Silicon Valley

    Detroit Hustle In Silicon Valley

    Meet Jonathon Triest. The 32-year-old Detroit native runs Ludlow Ventures and just closed his first venture fund — $15 million. He’s a Detroiter investing directly in Silicon Valley with the sheer gumption of a Midwesterner. “We hunt startups like most startups hunt VCs,” he told me. Operating out of downtown Detroit, Triest isn’t your traditional Detroit… Read More

  • UpTo: An iPhone App That Unlocks Your Calendar’s Social Potential (In The Right Way)

    UpTo: An iPhone App That Unlocks Your Calendar’s Social Potential (In The Right Way)

    Back in December, Robin wrote about a Detroit app development startup called Rock City Apps, which had just raised a seed round of funding for its stealth iPhone app, UpTo. At the time, Rock City Co-founder and CEO Greg Schwartz (also the former CEO/co-founder of Mobatech and a director of business development at Warner Music) said that the “platform focused on the future tense that… Read More

  • UpTo Lands Seed Funding To Go “Beyond Status Updates And Check-ins”

    UpTo Lands Seed Funding To Go “Beyond Status Updates And Check-ins”

    A new, relatively stealth startup called Rock City Apps is gearing up for the launch of a mobile application called UpTo, and has raised an undisclosed amount in seed funding from Detroit Venture Partners and Ludlow Ventures to finance the development of the product. The company, which is based in Detroit, Michigan, plans to launch its first iPhone app ‘soon’ and lets you indicate… Read More

  • A New Deal Flow: Startup Raps For Angel Funding, Venture Firm Responds In Kind

    A New Deal Flow: Startup Raps For Angel Funding, Venture Firm Responds In Kind

    Last week, Erick posted a video in which the founders of a stealth, San Francisco-based startup called Undrip spit some rhymes in an effort to raise seed funding for their new venture. Undrip, which is building a service to better filter your social networking streams (like Twitter) and let people consume media content without the noise, hoped to use their creative plea as a way to attract… Read More