# State of Michigan Retirement System: portfolio, investments and team > State of Michigan Retirement System is a vc firm. 2 investments on record, latest Sept 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/state-of-michigan-retirement-system (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # State of Michigan Retirement System Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Seed Series A Follow State of Michigan Retirement System and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fstate-of-michigan-retirement-system) Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **411** days **00** hrs **00** min **00** sec Median round **$218M** Rounds led **0 of 2** Pitch State of Michigan Retirement System ## State of Michigan Retirement System highlights - 01 2 rounds on record - 02 Mostly Seed and Series A: 100% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2025** 2 rounds - **Sept** **[Lila Sciences](https://millionrounds.com/company/lila-sciences)** Series A · US · TechStartups **$235M** With 21 others - **Mar** **[Lila Sciences](https://millionrounds.com/company/lila-sciences)** Seed · US · AlleyWatch **$200M** With 8 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The cheque Seed Series A Median round joined **$218M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Sept 2025 Rounds by stage said on their site - Seed *1* - Series A *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) 2 - [Altitude Life Science Ventures](https://millionrounds.com/fund/altitude-life-science-ventures) 2 - [Ark Venture Fund](https://millionrounds.com/fund/ark-venture-fund) 2 - [Flagship Pioneering](https://millionrounds.com/fund/flagship-pioneering) 2 - [General Catalyst](https://millionrounds.com/fund/general-catalyst) 2 - [March Capital](https://millionrounds.com/fund/march-capital) 2 **Pitching State of Michigan Retirement System?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as State of Michigan Retirement System. A count of rooms they were both in, not a relationship either has claimed. [**Abu Dhabi Investment Authority** Angel network **2** rounds together](https://millionrounds.com/fund/abu-dhabi-investment-authority)[**Altitude Life Science Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/altitude-life-science-ventures)[**Ark Venture Fund** VC firm **2** rounds together](https://millionrounds.com/fund/ark-venture-fund)[**Flagship Pioneering** VC firm **2** rounds together](https://millionrounds.com/fund/flagship-pioneering)[**General Catalyst** VC firm **2** rounds together](https://millionrounds.com/fund/general-catalyst)[**March Capital** VC firm **2** rounds together](https://millionrounds.com/fund/march-capital)[**Modi Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/modi-ventures) ## Recently backed The latest companies State of Michigan Retirement System put money into. [**Lila Sciences** $235M · Sept 2025](https://millionrounds.com/company/lila-sciences) ## Quick answers about State of Michigan Retirement System ### What does State of Michigan Retirement System invest in? State of Michigan Retirement System invests most often at Seed and Series A (100% of the rounds on record). ### How active is State of Michigan Retirement System? 2 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2025. ### What has State of Michigan Retirement System invested in recently? Its most recent investments on record: Lila Sciences (Series A, Sept 2025). ### How big are State of Michigan Retirement System's cheques? The median round it joins is $218M. ### Is State of Michigan Retirement System investing now? No investments in the last 12 months; the latest was in Sept 2025. ### Who does State of Michigan Retirement System invest alongside? Most often Abu Dhabi Investment Authority (2 rounds together), Altitude Life Science Ventures (2 rounds together) and Ark Venture Fund (2 rounds together). ### What kind of investor is State of Michigan Retirement System? State of Michigan Retirement System is a VC firm. ### Where does this information on State of Michigan Retirement System come from? From 5 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=state-of-michigan-retirement-system) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=state-of-michigan-retirement-system)