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Woodward Angels is an angel investment group activating early-stage, founder-friendly capital for high-growth tech and digitally scaling startups in the Detroit area. It focuses on pre-seed and seed-stage companies, providing financial backing and strategic support. The group leverages the Michigan Capital Network's professional back office for operational efficiency.
Established in March 2019, Woodward Angels emerged from a collaboration between Grand Angels and a consortium of Detroit investors. This addressed a critical gap in Detroit's entrepreneurial ecosystem, providing essential early capital. The insight was to bridge the funding divide for nascent companies transitioning from seed rounds to Series A.
The group invests in innovative pre-seed and seed-stage technology startups within the Detroit region, offering vital early funding and strategic guidance. Woodward Angels aims to be a foundational pillar within Detroit's entrepreneurial landscape. Its mission is to foster economic growth and innovation by connecting experienced angels with high-potential ventures.
Woodward Angels has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Asalyxa Bio in February 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2021 | Asalyxa Bio | $2.0M Seed | ID Ventures, JIM Graham | ANN Arbor SPARK, Biosciences Research & Commercialization Center, Michigan Rise |