The Frankel Commercialization Fund, in collaboration with the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the Ross School of Business recently announced that the first company in which it invested has been acquired by an industry leader in solid-state high performance lasers.
Ann Arbor-based Arbor Photonics, a portfolio company of the fund and U-M spinoff whose technology originated within the Department of Electrical Engineering and Computer Science, has been acquired by nLIGHT Corp.
Meanwhile, the student-led venture fund has invested in Fusion Coolant Systems, Inc., a Detroit-based developer of an advanced coolant and lubrication system that makes manufacturing more efficient.
