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Press

July 17, 2026

The U.P. is getting its first privately owned VC fund

Jim Baker, Jim Tenzillo and Vince Nystrom officially launched 1885 Capital this week with the announcement of its first two investments: Detroit-based Bloom and California-based Grw AI.

Source: Crain's Detroit Business

July 15, 2026

1885 Capital Anchors in Michigan's Upper Peninsula with First Investments

The first rural-based early-stage venture firm to launch in the United States since 2018 backs Bloom and Grw AI as its inaugural portfolio companies.

Source: EIN Presswire

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