Rentable Raises $22M in Series B Funding
Rentable, a Madison-based online rental and property management platform, recently raised $22.5 million in Series B funding.
Read more: https://therealdeal.com/2021/08/03/proptech-startup-rentable-secures-22m-in-series-b-funding/
Veda Secures $45M in Series B Funding
Veda Data Solutions, Inc., a Madison-based health tech company, closed a $45 million Series B funding round in July led by Connecticut-based venture capital firm Oak HC/FT.
RoofMarketplace Inc. Raises $1.1M for Seed Round Funding
RoofMarketplace Inc., a Whitewater-based property insurance technology startup, raised $1.1 million in seed funding to help establish its new Milwaukee office.
Forj Raises $4.5M from Investors to Hire Software Developers and Incorporate AI
Forj, a Milwaukee-based virtual events platform and membership community, announced in June that it raised $4.5 million led by Baird Capital and supported by Gary Comer Inc. in Waukesha.
Read more: https://www.bizjournals.com/milwaukee/inno/stories/fundings/2021/06/28/forj-raise-4-5-million.html
Wisconsin Early-Stage Companies Hit a New Record in Funding in 2020
The Wisconsin Technology Council reported that 114 angel and venture capital deals were made in 2020, adding up to more than $483 million raised by early-stage companies in Wisconsin.
Wisconsin Lawmakers Omit $100M Venture Fund from 2021-23 State Budget
The Wisconsin Joint Committee on Finance left out the governor’s proposed $100 million state venture capital fund of funds from its version of the 2021-23 state budget.
Read more: https://www.bizjournals.com/milwaukee/news/2021/06/18/100-fund-of-fund-path-forward.html
The Blueprint Accelerator Program Expands to Green Bay
The Blueprint, an accelerator that invests in startups and provides training and mentorship, is launching a new 12-week program in downtown Green Bay that focuses on startups in technology, e-commerce and advanced manufacturing.
Blue Line Battery Raises $1.5M
Blue Line Battery Inc., a Beloit-based lithium-Ion battery manufacturing startup, raised a total of $1.5 million in a fundraising round led by Grey Collar Ventures.
Read more: https://biztimes.com/beloit-battery-startup-raises-1-5-million/
6 Local Startups Each Receive $10,000 Grants from MKE Tech Hub Coalition
Six local startups were each recently awarded $10,000 grants from the MKE Tech Hub Coalition, with financial support from the Wisconsin Economic Development Corp. (WEDC) Seed Accelerator program.
OnLume Raises $7 million; Milwaukee’s COnovate Secures First Investment Round
OnLume, a Madison-based medical device startup, and COnovate, a Milwaukee-based company revolutionizing the lithium-ion battery industry, recently received funding through the Small Business Innovation Research (SBIR) program.
Cream City Print Lounge Awarded $10,000 on ‘Project Pitch It’
Cream City Print Lounge, a Milwaukee-based business in which customers can create their own screen-printing designs for clothing and enjoy alcoholic beverages, won a $10,000 investment from “Project Pitch It,” the WISN-TV Channel 12’s “Shark Tank”-style show.
Read more: https://biztimes.com/cream-city-print-lounge-wins-10000-on-project-pitch-it/
Cultured Decadence Secures $1.6M in Pre-Seed Round
Madison-based Cultured Decadence, which creates cell-cultured seafood products, announced that it raised $1.6 million in a pre-seed fundraising round.
Fetch Rewards Reaches $1B Valuation
Fetch Rewards, a Madison-based app that helps users save money while grocery shopping, recently raised more than $210 million in a round of funding led by SoftBank Vision Fund 2, bringing the estimated valuation for the startup to more than $1 billion.
