SkySpecs deploys autonomous drones as an aerial workforce to conduct safe, affordable, and automated infrastructure inspections.




Wellfount is an institutional pharmacy company that offers a unique point-of-care dispensing system. Wellfount makes medication management more accurate and efficient for its institutional and nursing facility customers. Wellfount’s onsite pharmacy platform reduces cost and errors while providing hyper-local services at the point of patient care. Amherst Fund is an equity investor at Wellfount.



Saline Lectronics, Inc.

Saline Lectronics, Inc. is a printed circuit board assembly house located in Saline, Michigan.  In this very mature sector, Saline Lectronics is successfully achieving profitable growth by focusing on low- to mid-volume, high-mix electronic printed circuit board assemblies. In addition to expertise in PCB assembly manufacturing, the company’s strengths include electromechanical design, design for manufacturing and assembly, and project engineering.





Filament lets you build a connected business without becoming an expert on security, scalability, or network stacks. Blanket a factory in sensors, or control the streetlights of an entire city – our standalone networks span miles and last for years, all without WiFi or cellular.





Michigan Ladder

Michigan Ladder represents a successful contrarian investment by the Amherst Fund. Founded in 1901 and continuously operated at its original site, Michigan Ladder is the oldest ladder manufacturer in the U.S.  Based on strong operating and financial discipline, superior product offerings and prime market position, Michigan Ladder achieves steady financial success. Amherst Fund provided capital to the company to fund a generational ownership transition.



Fusion Coolant Systems

Fusion Coolant Systems is a University of Michigan spin-out company that sells a patented advanced machining system that provides better cooling and lubricity than conventional machining systems. This minimum quantity lubrication system can be used in aerospace, biomedical, automotive and heavy equipment manufacturing applications.  Unlike current metalworking fluids, both parts and chips are dry after machining thereby often eliminating a post-machining cleaning step. Amherst Fund is the lead equity investor in Fusion Coolant Systems.




Flock TAG helps quick service restaurants and other merchants make the most of their customer bases. Using unique, robust data analytics, Flock TAG’s program creates customized deals for merchants to offer in a highly targeted way. Unlike traditional customer loyalty programs, Flock TAG’s program provides merchants increased volumes from regular customers, occasional customers and even lost customers. Flock TAG is focused on college and university area merchants. Amherst Fund is the lead equity investor in Flock TAG.



Espresso Royale

Espresso Royale is a multi-store coffee shop chain serving select college campus markets in four Midwestern states. The company also maintains its own coffee bean roasting operation. In this mature and competitive sector, Espresso Royale is successful because of its passionate focus on the quality of its ingredients. Amherst Fund is the lead investor in Espresso Royale, providing both debt and equity capital.



Clancy’s Fancy Hot Sauce

Clancy’s Fancy Hot Sauce is a specialty food company.  With a focus on the integrity of its ingredients, Clancy’s Fancy Hot Sauce is a premium hot sauce sold on-line, through retailers and in restaurants across the US. Amherst Fund is the lead equity investor.



Bubble Island

Bubble Island operates bubble tea cafés on the campuses of the University of Michigan and Michigan State University. Bubble tea is a non-alcoholic specialty drink of Asian origin. Bubble Island focuses on the university market as a bar alternative with a focus on delivering high quality Americanized Asian snacks.  Amherst Fund is the lead equity investor in Bubble Island.