Innovation

25 patent families (24 granted) — focus: Physics & computing, Mechanical engineering; filing pace slowing. Cited 4,363 times.

Year	Filings
2012	10
2013	6
2014	4
2015	1
2016	2
2017	1
2018	1
2021	2
2022	1

Investor mix

10 investors on record; lead investors include InvestMichigan!, Arboretum Ventures, Baird Capital, F-Prime Capital; 3 have since exited.

Investor type	Count	Share
Venture capital	6	60%
Private equity	2	20%
Bank & private debt	2	20%