Incept BioSystems attracts $1.25 million investment to Ann Arbor

MEDC’s venture capital fairy has touched Ann Arbor again. This time the Michigan Economic Development Corporation is giving $1.25 million to Incept BioSystems.The Ann Arbor-based start-up develops innovative microscale technologies for fertility specialists. That means they develop new technologies to help fight human infertility.It received $3.25 million in venture capital funding in 2007. The award was made possible after a couple of other start-ups withdrew from the 21st Century Jobs Fund program. The companies that are out include Accuri Cytometers, Avidimer Therapeutics and Cielo MedSolutions, all from Ann Arbor. Source: Michigan Economic Development CorporationWriter: Jon Zemke