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Capital & Finance

Wisconsin VC Funding for May 2024       

According to PitchBook, Wisconsin startups raised at least $54.45 million in May.

Milwaukee-based Sift Healthcare raised $20 million of Series B venture funding in a deal led by California-based B Capital Group. Rock River Capital Partners, Allos Ventures, and First Trust Capital Partners also participated in the round. The funds will be used to prioritize team expansion and technology investments in artificial intelligence as the company grows its industry-first payments intelligence platform.

Milwaukee’s Milky Way Tech Hub provided grant funding for five local startups though its online business accelerator #InnovationSzn.