Anna Fifelski

1 week ago | crainsdetroit.com | Anna Fifelski

Four startups were selected by judges as finalists in a prestigious competition to provide solutions to improve freight movement in Detroit's Eastern Market, the city announced Friday. The four finalists were selected from a group of 10 participants announced in November 2024 as part of the Toyota Mobility Foundation's Sustainable Cities Challenge, and will each receive $130,000 in implementation funding to pilot their solutions in real-world conditions.

1 week ago | crainsdetroit.com | Anna Fifelski

It's hard to tell what keeps heating, ventilation, and air conditioning companies busier — the start of summer, or calls from private equity firms looking to buy their business. "Anecdotally, I'm thinking of a particular client that has a smaller HVAC business in Western Michigan, and in the last couple years, they've received, I don't know, 100 inquiries," said Mike Bell, partner and chair of the financial institutions practice group at Detroit-based law firm Honigman LLP.

1 week ago | crainsdetroit.com | Anna Fifelski

Troy-headquartered 365 Retail Markets, LLC acquired a Malvern, Pa.-based technology company in an all-cash transaction with an equity value of $848 million. The deal is expected to close in the second half of 2025. Cantaloupe, Inc., a self-service commerce tech company that traded on the Nasdaq as CTLP, will transition back to private ownership.

1 week ago | crainsdetroit.com | Anna Fifelski

The Michigan Department of Transportation is beginning traffic signal controls at eight entrance ramps to Interstate 96 in western Oakland County this month. The traffic signals, also called ramp meters, will begin operating at 6 a.m. June 18 with flashing yellow lights. When they are fully operational, the signals will use the traditional green, yellow and red lights to control the flow of traffic onto the freeway when traffic is slower and congested.

2 weeks ago | crainsdetroit.com | Anna Fifelski

A drone pilot program is making it easier to assess inefficiencies in buildings and save owners and operators money, courtesy of a new public-private partnership that includes big players like Michigan Central and the city of Detroit. A group of partners, including Michigan Central, Newlab and local startups, announced Monday one of the first deployments of the Advanced Aerial Innovation Region.