eLab Ventures

eLab Ventures is an early-stage venture capital firm based in Ann Arbor, Michigan, focusing on investing in businesses where artificial intelligence (AI) plays a pivotal role in market disruption. The firm is committed to supporting founders from diverse backgrounds who are building impactful technology companies. By leveraging its strategic location in both Ann Arbor and Silicon Valley, eLab Ventures aims to bridge valuable resources and networks to local entrepreneurs in Michigan.

The firm's investment strategy centers on sectors such as information technology, mobility, and auto manufacturing, with a particular emphasis on AI and software subsectors. eLab Ventures primarily invests at the seed and early stages, providing initial investments of $1 million to foster the growth of innovative startups. This approach reflects the firm's dedication to nurturing emerging companies that harness AI to drive technological advancements.

With assets under management totaling $80 million, eLab Ventures is actively investing in the Michigan entrepreneurial ecosystem. The firm's team comprises experienced professionals, including Managing Directors Doug Neal, Paul Brown, and Bob Stefanski, who bring a wealth of expertise to guide portfolio companies toward success. Their collective experience underscores eLab Ventures' commitment to fostering innovation and supporting the growth of technology-driven businesses in Michigan.