March 10th – Birmingham, Michigan – CitySide Ventures announces adding Life Magnetics to its portfolio of companies.
Birmingham Angels, a CitySide’s Angels syndicate of angel investors, just closed a round of investment in LifeMagnatics. Life Magnetics has developed a patented carbon composition that isolates RNA from solutions while stabilizing it for transport for up to 25 days. A survey of 500 executives at the top 20 BioPharma companies listed RNA technology as the biggest growth area of the next 10 years.
“ The Founder, Kevin Hagedorn, Ph.D., has assembled a very nimble and talented team that has helped them respond to some early demand that will surely take off quickly!” – David Weaver – Chief Investment Officer at CitySide Ventures
Birmingham Angels’ goal is to become a premier Investment group committed to taking Michigan Angel investing to a new level by building a network of active, progressive, and innovative investors committed to turning Michigan into a powerhouse startup ecosystem.
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