Fundz

Waséyabek Development Co. invested $5M in Michigan Capital Network to enhance defense tech initiatives, targeting advanced technologies for national defense.

PRIVATEJul 29, 2025

Amount Raised

$5 Million

Round Type

Funding Round

Grand RapidsGaming

Investors

Waséyabek Development Co.

Description

Waséyabek Development Co. has invested $5 million in Michigan Capital Network, based in Grand Rapids. This funding will support an initiative to invest in critical technologies for national defense, with federal backing. Waséyabek's investment aims to strengthen advanced technology industries and aligns with their interests in federal contracting

Quick answer

Michigan Capital Network raised $5 Million in a Funding Round round, dated July 29, 2025. Investors: Waséyabek Development Co. Michigan Capital Network is based in Grand Rapids, Michigan, United States.

How much did Michigan Capital Network raise?
Michigan Capital Network raised $5 Million in a Funding Round round on July 29, 2025.
Who invested in Michigan Capital Network?
Waséyabek Development Co. is named as investors in this round.
What does Michigan Capital Network do?
Waséyabek Development Co. serves as the non-gaming tribal economic development arm for the Nottawaseppi Huron Band of the Potawatomi.
Where is Michigan Capital Network based and how big is it?
Michigan Capital Network is based in Grand Rapids, Michigan, United States.

Source: Fundz verified event record.

Who else raised in Gaming around the same time

Companies in the same sectors as Michigan Capital Network that raised within 45 days of this round, from Fundz verified event records.

  • LocusX raised $2.4M (Seed) on September 10, 2025.
  • Light & Wonder raised $1B (Debt Financing) on September 10, 2025.
  • Mobile Global Esports raised $165K (Pre-Seed) on September 8, 2025.
  • Billy Bets raised $1M (Pre-Seed) on September 5, 2025.
  • Drive Hockey Analytics raised $240K (Funding Round) on September 5, 2025.
  • Phasecraft raised $34M (Series B) on September 2, 2025.

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Company Information

Company

Michigan Capital Network

Location

Grand Rapids, Michigan, United States

About

Waséyabek Development Co. serves as the non-gaming tribal economic development arm for the Nottawaseppi Huron Band of the Potawatomi. The company focuses on investing in various sectors, including federal contracting and advanced technology industries. Currently, Waséyabek holds 33 portfolio companies that collectively employ around 650 people and the portfolio generated $151 million in revenue in 2024. Waséyabek is committed to building long-term economic independence through strategic investments.

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