Investments
10Portfolio Exits
1About Amherst Fund
Amherst Fund is a privately held investment company based in Ann Arbor, Michigan that specializes in private equity and community investment. Founded in 1998, Amherst Fund has invested in schools and hospitals in communities across the United States. Along with our community focus, we also partner with private companies through equity and debt investments. Seed and venture capital for small companies as well as joint ventures with other funds have included industries such as; assisted living, electronic component manufacturing, robotic navigation, real estate, natural gas wells, landfill gas reclamation, banking, education, software, medical devices and life sciences venture funds.

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Latest Amherst Fund News
Oct 5, 2018
Fusion Coolant Systems , a Canton, Mich.-based maker of supercritical carbon dioxide, raised $8m in Series C financing. The round was led by Material Impact and Michigan Capital Advisors, with participation from existing investors including MINTS- Michigan Investment in New Technology Startups, Amherst Fund and Invest Michigan. The capital will be used to grow the company’s staff, operations, equipment and personnel. Founded by Steven Skerlos, Arthur F. Thurnau Professor of Mechanical Engineering at the University of Michigan, Fusion Coolant Systems has commercialized patented technology that uses CO2 as a cutting fluid to reduce the costs of manufacturing in large sectors such as medical, aerospace, and automotive. FinSMEs 05/10/2018
Amherst Fund Investments
10 Investments
Amherst Fund has made 10 investments. Their latest investment was in Fusion Coolant Systems as part of their Series C on October 10, 2018.

Amherst Fund Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/5/2018 | Series C | Fusion Coolant Systems | $8M | No | 1 | |
8/23/2016 | Series B | Fusion Coolant Systems | $1.25M | No | 8 | |
11/9/2015 | Series A | SkySpecs | $3M | Yes | 2 | |
4/21/2014 | Series D | |||||
1/16/2013 | Series A |
Date | 10/5/2018 | 8/23/2016 | 11/9/2015 | 4/21/2014 | 1/16/2013 |
---|---|---|---|---|---|
Round | Series C | Series B | Series A | Series D | Series A |
Company | Fusion Coolant Systems | Fusion Coolant Systems | SkySpecs | ||
Amount | $8M | $1.25M | $3M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 1 | 8 | 2 |
Amherst Fund Portfolio Exits
1 Portfolio Exit
Amherst Fund has 1 portfolio exit. Their latest portfolio exit was Sierra Oncology on July 16, 2015.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/16/2015 | IPO | Public | 2 |
Date | 7/16/2015 |
---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources | 2 |
Amherst Fund Team
2 Team Members
Amherst Fund has 2 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Amherst Turner | Founder | Current | |
Name | Amherst Turner | |
---|---|---|
Work History | ||
Title | Founder | |
Status | Current |