WEDC awards 13 grants to support entrepreneurship programs throughout Wisconsin
Thirteen Wisconsin organizations helping small businesses with training, legal services, coping with COVID-19 and more have been awarded grants totaling $529,000 from the Wisconsin Economic Development Corporation (WEDC).
Fiserv boosts investment in NYC tech company
Fiserv, Brookfield-based financial services technology company is increasing its investment in a New York City company that developed a student loan repayment platform, bringing its total Series A funding to $21.6M.
Milwaukee angel investors form new network to invest in Midwest startups
Milwaukee Venture Partners, the name of the new network that was incorporated as a nonprofit, was launched by five former members of Silicon Pastures and will support startups across Wisconsin and the Midwest.
Redox raises $45M to grow health data integration platform
Madison-based software company Redox, which developed a secure network for exchanging health care data, has closed on a $45 million Series D round of funding to grow its business.
Read more: https://www.redoxengine.com/blog/series-d/
WiSys VentureHome-Eau Claire Announces Second Cohort
WiSys VentureHome-Eau Claire, the area’s first seed accelerator, announced six new founders that will complete programming over the next five months.
Read more: https://www.venturehome.org/news/wisys-venturehome-eau-claire-announces-second-cohort
Gov. Evers proposes $100 million VC fund
Evers’ proposed “Wisconsin Fund” includes a new $100 million venture capital fund to foster growth among Wisconsin-based startups as well as a $200 million fund to assist small businesses impacted by the coronavirus pandemic.
GrocerKey closes on a $2.4 million equity round totaling 18 private investors
GrocerKey, a Madison eCommerce company providing white-label technology to grocery retailers, closed on a $2.4 million equity round totaling 18 private investors, bringing its total funds raised from investors to $9.5 million.
Read more: https://progressivegrocer.com/grocerkey-raises-funds-enhance-digital-capabilities
Fintech startup founded by UW-Madison grads raises $525K to grow stock data platform
Quiver Quantitative, a Spring Green-based data analytics company, recently closed on a $525,000 seed round that was led by Wisconsin’s Idea Fund of La Crosse.
Baird among investors in San Diego genomics company’s $21M Series B round
The venture capital and private equity arm of Milwaukee’s Robert W. Baird & Co. is investing in a San Diego life sciences startup that built technology designed to help researchers better understand human diseases.
Northwestern Mutual joins NBA stars as investor in Goalsetter
Milwaukee-based Northwestern Mutual Future Ventures is investing in Goalsetter, a Black-owned mobile banking app.
Moxe secures more funding from investors, including 3M
Moxe, a Madison tech company that developed a platform for securely exchanging medical record information between health care providers and health plan insurance companies, recently received an undisclosed investment from 3M Ventures.
Read more: https://www.businesswire.com/news/home/20210111005824/en/Moxe-Announces-Funding-to-Accelerate-Growth
GenoPalate raises $4M to grow genetic-based nutrition platform
GenoPalate, the Milwaukee-based nutrition company that uses genetic testing to help people make analytics-based changes to their diet, recently secured $4 million from investors.
Read more: https://www.bizjournals.com/milwaukee/news/2020/12/31/genopalate-raises-4m-from-investors.html
UW-Milwaukee battery spinout SafeLi rebrands as COnovate, lands $50K investment
COnovate, Inc., a Shorewood company developing materials for lithium ion batteries, is receiving $50,000 in a seed investment from BrightStar Wisconsin Foundation, the Milwaukee-based nonprofit and an early-stage investment organization.
Greater Milwaukee Foundation makes $1M impact investment in Gateway Capital Fund
The Greater Milwaukee Foundation has made a $1 million impact investment in Gateway Capital Fund, a Milwaukee-based venture capital fund that serves pre-revenue startups.
Fetch Rewards Closes $80 Million Round of Funding led by ICONIQ Growth with DST Global Participating
Fetch Rewards, the nation’s leading consumer-loyalty and retail-rewards app, announced that it has raised $80 million in Series C funding in a round led by ICONIQ Growth.
AirDeck Raises $3.4M for Seed Round Funding
AirDeck, an online platform that helps users create narrated presentations and documents for on-demand viewing, raised $3.4 million in venture capital funding led by Rock River Capital Partners and Cultivation Capital with participation from Rise of the Revolution’s Rest Seed Fund and Winnebago Seed Fund.
Read more: https://airdeck.co/airdeck-raises-3-4m-for-seed-round-funding/
Northwestern Mutual Dedicates $20 Million to Advance Black Entrepreneurs through Venture Capital & a New Startup Accelerator
Northwestern Mutual Future Ventures will dedicate $20 million to investing in startup companies founded by Black entrepreneurs and will also launch the Northwestern Mutual Black Founder Accelerator, powered by gener8tor.
Understory Secures $7.5M in New Funding
Understory, the weather network and analytics company, has secured $7.5 million in additional funding led by 4490 Ventures.
Synthetaic raises $4.5M from investors, including TitletownTech
Synthetaic, a Delafield-based data technologies company, raised $4.5M funding including $1M in pre-seed funding and a $3.5M seed round led by Lupa Systems, with participation from Betaworks Ventures and TitletownTech.
DataChat Closes $4 Million Seed Round
Madison-based startup DataChat raised $4 million in an early-stage investment round led by Silicon Valley venture capital firms.
