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VC firm Assembly Ventures closes $76 million mobility fund | Crain's Detroit Business

Assembly Ventures, a global venture-capital firm focused on the mobility sector co-founded and funded by some metro Detroit business luminaries, said Wednesday it closed a $76 million fund.

Economic headwinds have dampened the overall global venture market. But Assembly Ventures bucked the… ....

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Mackinac Bridge board sees world-class infrastructure research at LTU

Four of the six members of the Mackinac Bridge Authority board and other Bridge Authority officials toured LTU’s Nabil Grace Center for Innovative Materials Research, informally known on campus as the Grace CIMR. Among them was Kirk Steudle, former director of the Michigan Department of Transportation who is now a… ....

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Mackinac Bridge Authority delays Labor Day decision


Mackinac Bridge Authority delays Labor Day decision
Mackinac Bridge Authority delays Labor Day decision
5 hours ago
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The fate of the Labor Day walk on the Mackinac Bridge is still up in the air. After the event was called off in 2020, the Bridge Authority is balancing uncertainty around what state guidelines will allow for the early September tradition against the high cost for planning and hosting the 30,000 participants who take part.
The 2019 walk set back the Mackinac Bridge Authority and the Michigan State Police over $500,000. At Tuesday’s virtual meeting, Executive Secretary Kim Nowack presented on the state’s “Vacc to Normal” plan and current trends. The state’s vaccination rate continues to rise, but the pace has cooled considerably in recent weeks. As it stands today, seventy percent of eligible adults have to get their first dose before restrictions are lifted completely. ....

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