The firm was founded in 1999 and is headquartered in Ann Arbor, Michigan, with an additional office in Hinsdale, Illinois. Ardesta Ventures I, LP, the firm's venture capital fund, focuses on investments in nanotechnology, life sciences, and alternative energy technology companies based in the Midwest. The co-founding partners have a strong network of relationships with universities, research institutions, and companies in Michigan and have invested in 15 companies in the state, expanding employment at those companies more than ten-fold.