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Home > News > Venture fund regroups

October 28th, 2004

Venture fund regroups

Abstract:
Rick Snyder - boss of the $100 million technology venture firm Ardesta - is, in his words, getting kicked out of his own building. "We're homeless," Snyder said with a chuckle.

It's the kind of vagrancy Snyder's been looking forward to since he started Ardesta in 2000. Four years later, the Ann Arbor-based Ardesta has poured $75 million of a $100 million investment fund into 13 companies, all of which focus on microsystems or nanotechnology.

Source:
mlive

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