United States · Series B startup

Who invested in Fusion Coolant Systems

3 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Industry 4.0

Funding summaryUpdated 26 Oct 2026

$2.4Mraised across 3 rounds since 2012, from 3 sources

$551KVenture$600KSeries A$1.3MSeries B
Latest round
Series B, $1.3MAug 2016
Step-upi
2.1×
Investors
5
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013201420152016
$551KVenture$600KSeries A$1.3MSeries B
First round
Venture, $551K
Dec 2012
Biggest round
$1.3M
Series B · Aug 2016
Between rounds
3.6 years
from the last two

The rounds

  1. Aug 2016
    Series B$1.3M1 new

    Reported by FinSMEs

  2. Jan 2013
    Series A$600K3 new

    Reported by finsmes.comSEC filing: $551K sold, first sale Dec 2012

  3. Dec 2012
    Venture$551K1 new

    Reported by sec.govSEC filing: $551K sold, first sale Dec 2012

Founders and team

From Fusion Coolant Systems's own website and the SEC filings it signed: 1 founder, 4 on the team.

Steve SkerlosFounder & Chief Technology Officer
  • Michael RothChief Financial Officer
  • Andrew McColmExecutive Officeri
  • Steven SkerlosExecutive Officer, Directori
  • Thomas GrossExecutive Officer, Directori

On the board, as filediMatt TurnerTerry CrossThomas Porter

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Venture2012Series A2013Series B2016Ann Arbor SPARKInvest DetroitMINTSAmherst Fund, LLCThe Frankel Fund

Everyone who backed them

Ann Arbor SPARKAccelerator1round
Invest DetroitVC firm1round
MINTSVC firm1round
Amherst Fund, LLCPrivate equity1round
The Frankel Fundno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Fusion Coolant Systems as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Material ImpactVC firmPer its own site
ID VenturesVC firmPer its own site
Michigan Capital AdvisorsPrivate equityPer its own site

Quick answers about Fusion Coolant Systems

Who invested in Fusion Coolant Systems?

Fusion Coolant Systems's investors include Ann Arbor SPARK, Invest Detroit, MINTS, Amherst Fund, LLC and The Frankel Fund.

How much has Fusion Coolant Systems raised?

Fusion Coolant Systems has raised $2.4M across 3 rounds since 2012.

When did Fusion Coolant Systems last raise?

Fusion Coolant Systems's most recent round was a Series B of $1.3M in Aug 2016.

What was Fusion Coolant Systems's biggest round?

Its most recent round, $1.3M in Aug 2016, is also its largest on record.

Who backed Fusion Coolant Systems first?

Fusion Coolant Systems's first round on record, in Dec 2012, was backed by Ann Arbor SPARK.

What stage is Fusion Coolant Systems at?

Fusion Coolant Systems's latest named round is a Series B, in Aug 2016.

Where is Fusion Coolant Systems based?

Fusion Coolant Systems is based in the United States.

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