# Fusion Coolant Systems funding: rounds and investors

> Fusion Coolant Systems has raised $2.4M across 3 rounds since 2012. Investors include Ann Arbor SPARK, Invest Detroit and MINTS. Every round with its source.

Source: https://millionrounds.com/company/fusion-coolant-systems (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$2.4M** raised across 3 rounds since 2012, from 3 sources

**$551K** Venture **$600K** Series A **$1.3M** Series B

- **Latest round:** Series B, $1.3M Aug 2016
- **Step-up i:** 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.

2013 2014 2015 2016

**$551K** Venture

**$600K** Series A

**$1.3M** Series B

- **First round:** Venture, $551K
- **Biggest round:** $1.3M
- **Between rounds:** 3.6 years

## The rounds

- **Aug 2016** Series B **$1.3M** *1 new* [MINTS](https://millionrounds.com/fund/mints) Reported by FinSMEs
- **Jan 2013** Series A **$600K** *3 new* [Invest Detroit](https://millionrounds.com/fund/invest-detroit) [Amherst Fund, LLC](https://millionrounds.com/fund/amherst-fund-llc) The Frankel Fund Reported by finsmes.com SEC filing: $551K sold, first sale Dec 2012
- **Dec 2012** Venture **$551K** *1 new* [Ann Arbor SPARK](https://millionrounds.com/fund/ann-arbor-spark) Reported by sec.gov SEC 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 Skerlos** Founder & Chief Technology Officer

- **Michael Roth** Chief Financial Officer
- **Andrew McColm** Executive Officer i
- **Steven Skerlos** Executive Officer, Director i
- **Thomas Gross** Executive Officer, Director i

On the board, as filed i *Matt Turner* *Terry Cross* *Thomas 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.

**Venture** 2012 **Series A** 2013 **Series B** 2016 [Ann Arbor SPARK](https://millionrounds.com/fund/ann-arbor-spark) [Invest Detroit](https://millionrounds.com/fund/invest-detroit) [MINTS](https://millionrounds.com/fund/mints) [Amherst Fund, LLC](https://millionrounds.com/fund/amherst-fund-llc) The Frankel Fund

## Everyone who backed them

[Ann Arbor SPARK](https://millionrounds.com/fund/ann-arbor-spark) Accelerator **1** round

[Invest Detroit](https://millionrounds.com/fund/invest-detroit) VC firm **1** round

[MINTS](https://millionrounds.com/fund/mints) VC firm **1** round

[Amherst Fund, LLC](https://millionrounds.com/fund/amherst-fund-llc) Private equity **1** round

The Frankel Fund no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fusion-coolant-systems).

## 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 Impact](https://millionrounds.com/fund/material-impact) VC firm Per its own site

[ID Ventures](https://millionrounds.com/fund/id-ventures) VC firm Per its own site

[Michigan Capital Advisors](https://millionrounds.com/fund/michigan-capital-advisors) Private equity Per 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.

## Companies like Fusion Coolant Systems

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Pixelligent** $57M · Jul 2026](https://millionrounds.com/company/pixelligent)[**Xometry** $529M · May 2026](https://millionrounds.com/company/xometry)[**HawkEye 360** $379M · May 2026](https://millionrounds.com/company/hawkeye-360)[**SiFive** $700M · Apr 2026](https://millionrounds.com/company/sifive)[**Saphlux** $49M · Apr 2026](https://millionrounds.com/company/saphlux)

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