Student-Led Wolverine Venture Fund Achieves Record $2 Million Return on HandyLab Acquisition

As mentioned in my previous post I'm a proud member of The Wolverine Venture Fund - Clean Tech Team. Recently, WVF portfolio company HandyLab delivered Ross students their third successful portfolio - company exit since venture fund’s inception in 1998. If you've got some time please take some time to read this short article on the HandyLab exit.


For those of you not familiar with WVF I pulled this directly off the fund's website.

"The Wolverine Venture Fund (WVF) is a multi-million dollar venture capital fund operated directly out of the Ross School of Business at the University of Michigan, enabling entrepreneurs to realize their business dreams. The Fund invests with the active involvement of MBA students, faculty assistance, and an advisory board composed of professional venture capitalists and entrepreneurs. The WVF is the largest, most active University-based venture fund of its type in the country. The Fund's contributions have been featured in numerous professional publications, including Business Week.

The WVF invests primarily in early-stage, emerging growth companies. The Fund typically provides $50,000 to $200,000 in seed and first-stage funding rounds in syndication with other venture capital funds and angel investors."


-Josh Mellinger
“Laissez Les Bon Temps Rouler & Geaux Blue!”