Business
Openings and closings and updates around businesses, restaurants, retail, service providers and more.
Nox Metals, a seven-month-old company operating in Southwest Detroit, has closed a $11.5 million seed round.
The round was led by NYC-based Hyperion, with participation from notable firms including Y Combinator, Palmer Luckey, RoboStrategy, Alumni Ventures, Operator Collective, and DTX Ventures. [Source]
Nox Metals specializes in custom aluminum blocks for CNC machining. By utilizing AI automation, the company claims it can cut lead times from "days to seconds."
In a post, the founder and CEO Zane Hengsperger says:
Our metal has gone to space. It has protected our troops. It is in your car and in the machine that scanned your chest. It is all around us. And we can't stop supplying at warp speeds.
We will be revitalizing a WW2-era, 30,000 square foot factory in Detroit this summer where we will have our techno-industrialists working hard to further pursue our mission. We will be tripling down on technology, which has allowed us to move this fast for America thus far.
Seed funding is used to help a company fund product development, conduct market research, and make key hires.
Today's podcast conversation is in two parts.
First, we dig into USA Today (formerly Gannett) buying the Detroit News - just a month after a joint operating agreement ended between the two papers and bringing
Local media across America is in its most tumultuous moment in decades, and Detroit is at the center of it.
From the end of the joint operating agreement between the Free Press and the News,
On this episode, Glenn walks through the forces reshaping the industry — rapid technology shifts like automation, AI, and EVs, fierce global competition from places like China, and whiplash in trade and domestic policy that makes
Jer and Norris are in with hot takes and hot stories around Metro Detroit!
03:12 - Sweetgreens opening day annoucement
05:32 - Belle Isle news: Zoo to be demolished and the historic Boat House will
On today's all-local daily podcast, three main topics with Jer and Fletcher:
02:29 - Fifth Third buying Comerica Bank, with all kinds of local impacts (plus maybe a stadium name change?)
06:
We're living in a moment of major transition, of businesses re-imagining themselves and our relationship to technology rapidly evolving.
Today’s conversation dives into that complexity with someone on the front lines
This week, Ford unveiled a new electric strategy and manufacturing process to a mixed reaction from some. But it might be one of the most important moves the company makes.
Sam Abuelsamid, host of the
Detroit's a special city to the world, from Motown, to motors, to techno, and more. But what about the city of today and tomorrow? What about making sure those making ideas happen in Detroit
Today's episode of Daily Detroit was recorded on location at the facility of Grounded, an electric van builder.
Sam Shapiro, their Founder and CEO, tells the story of how the company was created during
One of the areas that Detroit is seeing more action and activity is investment.. from real estate to venture capital. It's have a real impact on the ground, but what is making it tick?
The next Mayor of Detroit, whoever they are, will have some really big challenges from their budget to figuring out how to continue to draw investment, to trying to rebuild the city's middle class.
"Cozy' and "neighborly" are two words that popped into my head when I attended the ribbon cutting ceremony for the new café and plant shop in Detroit's Midtown neighborhood today.
Having had the idea for a couple years, co-owners Alan Alexander and Adam Cichy opened last November but waited until warmer weather for a ribbon-cutting ceremony.
Key in making this happen was a $70,000 Motor City Match grant to help with construction, equipment, and furniture.
I enjoyed light snacks made by Alan, and I sipped a warm, honey vanilla latte.
With training at the Culinary Institute of America and an eye for design, the owners created a space that made me want to return.
On the menu you'll find coffee and tea, plus lunch items like chicken salad sandwiches, and smoke salmon carpaccio.
Plus, there's unique home goods, and you will be given care guidance if you purchase a plant.
Alcohol may be in the future as Alan and Adam are working on obtaining a liquor license.
dose. detroit is located at 3706 4th Street. It is open every day except for Monday.
There's a story we often tell ourselves about the American economy, particularly when we talk about trade, manufacturing, and small business.
It is often simplified in political debates. One focused on bringing jobs back,
Norris Howard is in as we talk three interesting stories around metro Detroit:
- Ground officially broke on a project that will reimagine Greektown's streetscape in Detroit
- Warren approved an ordinance without limits on the
We discuss the rise of Pickleball in Metro Detroit, as well as the auto tariffs that look to be coming.
On today's Daily Detroit:
Ontario Premier Doug Ford and Tariffs possible impact on consumers
Rocket's Acquisition of Redfin
Road closures in Greektown
Business closings (Coffee Down Under and Zeoli's)
Street
We're on the eve of expected 25% tariffs against Canada and Mexico going into effect. Michigan and Metro Detroit's economies are deeply tied to international trade — whether it's the automotive and manufacturing
On today's episode I talked with Sam Cerwin, co-founder of BeReworn, about the importance of community and sustainability.
We discuss the ways her platform connects people to swap clothing and other goods,
A litte Townie Talk with Fletcher Sharpe...
Topic timestamps:
02:10 Fletcher appears on One Detroit and talks about the hug that broke barriers in baseball
04:28 - Seva is closing. We remember