Ann Arbor, Mich. – May 9, 2018, 2018 – Vartega today announced that it has been selected to present at the 37th annual Michigan Growth Capital Symposium (MGCS). Vartega, an advanced materials company focused on carbon fiber recycling, will present to investors in attendance, which represent more than 100 top venture capital firms. More than 400 entrepreneurs, researchers, investment professionals and business executives are expected to attend the Symposium, which will be held May 15-16 at the Marriott Resort in Ypsilanti, Mich.
First held in 1981, MGCS is the premier, must-attend event for venture capitalists, technology transfer professionals, founders, CEOs and the best of the Midwest early stage and emerging, high-growth companies that are seeking institutional investment. The two-day conference will feature a keynote address from Wendell Brooks, senior VP of Intel Corporation and president of Intel Capital, as well as engaging industry panel discussions and networking opportunities for attendees.
Vartega CEO, Andrew Maxey, will present at the Symposium where he will share Vartega's latest progress in developing automotive thermoplastics for vehicle lightweighting applications to improve fuel economy, reduce emissions, and increase electric vehicle range. Vartega participated in Techstars Mobility in Detroit in 2017 and has plans to locate a commercial production facility in Michigan in collaboration with IACMI - The Composites Institute at their Scale-Up Research Facility.
"It's an honor to be able to present at the Michigan Growth Capital Symposium this year. Our team includes two University of Michigan alumni and many of our automotive customers are here in Michigan. This is a bit of a homecoming for us," said Andrew Maxey, Vartega CEO. "This event is a great opportunity for us to network with peers and investors that understand our space and the impact that our technology is having on the mobility sector."
“For nearly four decades, the Symposium has played an essential role in connecting the best and the brightest Midwest entrepreneurs with the investors they need to access new sources of funding to bring their businesses to the next level,” said David Brophy, Michigan Growth Capital Symposium founder and director of the University of Michigan’s Center for Venture Capital & Private Equity. “Once again, I am impressed by the caliber of companies that will be presenting at this year’s event, and we are glad to have Vartega join the ranks.”
To learn more, see the full list of presenting companies or register for the conference, visit www.michigan-gcs.com and follow conversations about the Symposium by tracking #MichiganGCS on Twitter. For more information about Vartega, please visit www.vartega.com.
Vartega is a technology development company specializing in the creation of advanced materials including carbon fiber reinforced thermoplastics for applications in additive manufacturing, sporting goods, consumer products, automotive, aerospace, and wind energy. Through the use of its patent pending recycling process, Vartega offers strong and lightweight carbon fiber at a fraction of the cost of virgin carbon fiber enabling the proliferation of carbon fiber for product lightweighting and performance improvements.
About the Michigan Growth Capital Symposium
The Michigan Growth Capital Symposium (MGCS) is the original university-based venture investment fair, which was first held in 1981. This decades-old nationally attended event is the largest Midwest fair of its kind that brings together venture capital investors, business angels, start-up companies, university tech transfer officers and research faculty. MGCS provides an opportunity for participants from the venture capital community to connect with Midwest start-ups seeking funding and to learn about emerging innovations that span tech and the life sciences. MGCS is presented by the Center for Venture Capital & Private Equity Finance and the Zell Lurie Institute at the University of Michigan Ross School of Business, with support from the Michigan Venture Capital Association.