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Capital & Finance

A second look at Q3 VC funding

According to Pitchbook data, 20 Wisconsin-based startup companies raised at least $41.22 Million in venture capital in the third quarter of 2023.

Eleven of the companies that received venture dollars are headquartered in the Milwaukee region. Collectively, the companies raised over $27.25 Million in the second quarter of the year.

Seven deals involved venture capital from Wisconsin-based investors.

Below is the list of Wisconsin companies that received VC funding in Quarter Three.

Highlighted deals indicate investment dollars from Wisconsin.

Company Name

Investor

Investor HQ

Funding Amount 

Advanced Ionics

bp Ventures

London, UK

$13.03 Million

Regenerative Medical Solutions

Undisclosed

---

$5 Million

The Grand

Seven Seven Six

Jupiter, FL

$4.7 Million

7Rivers

Undisclosed

---

$3.5 Million

Rivermark Medical

Undisclosed

---

$2.15 Million

Benny

Madworks Accel

ff Venture Capital

Madison

New York

$1.96 Million

MERIT Biotech

Undisclosed

---

$1.08 Million

Appion Solutions

Undisclosed

---

$1 Million

Undisclosed

---

$1 Million

Grey Collar Ventures


Battle Born Venture

gener8tor

Beloit

$800,000

Self Health Fund

Undisclosed

---

$750,000

Gateway Capital

Idea Fund of La Crosse

Milwaukee

La Crosse

$600,000

$20,000

Happy Scratch

Winnow Fund

Undisclosed 

Madison

---

$500,000 E

BevNomad

Undisclosed

---

$350,000

gener8tor

Milwaukee

$100,000

Cubby 

Madworks Accel

Madison

$6,500

Midwest Games

Titletown Tech

Green Bay

Undisclosed

Gamefi.org

G 10 Capital

London, UK

Undisclosed

Chocolate Rescue for Dogs

Undisclosed

---

Undisclosed