BELLE Capital Leads Series A Investment in Current Motor
Ann Arbor, Michigan-based Current Motor Company makes all-electric Super Scooters that talk to the Cloud and keep the air clean. The Company's electric motorcycles are designed for fleet, delivery, campus or municipal use, providing a nimble, easy-to-park yet highway safe, electric vehicle. Current Motor Super Scooters have top speeds of 65+mph, and can go up to 50 miles per charge (110 volt). They cost less than two cents a mile to operate and even less when paired with the Company's solar charging solutions. Current Motor Super Scooters have digital dash, Wi-Fi and GPS on board for remote diagnostics, as well as Smartphone apps to remotely communicate with the Scooters and with other drivers. The Company's software platform can be adapted for custom fleet applications. The Company's Super Scooters are assembled by award-winning Dakkota Integrated Systems, a leading flex manufacturer for GM, Ford and Chrysler. The Company has a technical and marketing alliance with Dell for its digital dash technology and Cloud services. Current Motor has broad issued patents on its motor technology, and patents pending for its Bike Control Unit. BELLE Capital led the Company's Series A round. Co-investors include the State of Michigan, auto legend, Bob Lutz and leading entrepreneurs Dave Fry, Lauren Flanagan, Gerald Knight and Andra Rush. For more information, please see www.currentmotor.com.
BELLE Capital Closes Out Michelle's Miracle Series A Round
Leland, Michigan-based Michelle's Miracle® creates, markets and distributes branded nutraceutical products made from tart cherry concentrate targeted at consumers seeking natural, functional food solutions for overall health and chronic conditions such as gout, joint pain, arthritis and insomnia. The Company's products are available in thousands of stores in the US and Canada, including Whole Foods.The Company has proprietary formulas, packaging and processing methods. Products include Michelle's Miracle Concentrate in Original Formula, Sleep Formula, Joint Health Formula, and CherriMax tablets. BELLE Capital co-invested in the Company's Series A round of financing with Phenomenelle Angels Fund LP, State of Michigan, Cherry Growers, Inc and lead investor, Fisher Properties of Indiana. For more information, please see www.michellesmiracle.com.
BELLE Capital Side Fund Invests in Monopoly Supplier of Regional Traffic Data, Meihui China Software
Shanghai, China-based Meihui China Software is the leader in the development of state-of-the-art, intelligent traffic management systems based upon multi-source data. Meihui now covers Shanghai, Beijing, Shenzhen, Shenyang and will expand to 35 major cities in China. Meihui is the only provider of regional traffic data in China and has several issued and pending patents on its technology and algorithms. Meihui plans an eventual IPO on an Asian exchange subject to market conditions. BELLE Capital Side Fund co-invested with Phenomenelle Angels Fund LP, DaneVest Tech Fund, and Women Angels. For more information, please see www.meihuichina.com.
Third Solutions Acquired by SPINS
Acquired by SPINS
Schaumberg, Illinois-based Third Solutions has developed a patent-pending digital receipts and couponing platform, MyReceipts®, deployed at a number of US retailer stores and chains, and is rapidly growing. The platform aggregates receipts from participating merchants and presents them to consumers via the MyReceipts online and mobile applications while eliminating the need to print and store paper receipts. MyReceipts also provides a vast opportunity for retailers to understand their customers, and marketers to gain insights into shopping behavior and product preferences. Third Solutions has a strategic partnership with Epson. Third Solutions was acquired by SPINS, the leading information provider for the natural, organic and specialty products industry. For SPINS retail partners, Third Solutions' Digital receipts service facilitates more personalized and effective communication with customers, helps stores reduce operating cost of receipt production, leverages consumers data and improves marketing efficiency, all while continuing to protect the privacy of their shoppers. SPINS manufacturer clients will be able to access real-time information on consumer behavior relating to their brands and can create targeted marketing campaigns for their products. They can send coupons, promotions and messages directly to consumers through the myreceipts.com website. Consumers access their receipts anytime in a secure online environment, track their spending, learn more about the products they buy, and receive special offers, all for free. BELLE Capital Side Fund co-invested with Phenomenelle Angels Fund LP, Golden Seeds, and Women Angels. For more information, please see www.thirdsolutions.com.