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Capital & Finance

Wisconsin VC funding for November 2025

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According to PitchBook, Wisconsin startups raised at least $15.43 million in disclosed funding in November.

Milwaukee-based Park Loyalty raised $4 million of Series A venture funding in a deal led by Elephant Partners. The funds will be used to accelerate the development of Park Loyalty’s Pro Solutions suite and to expand implementation capacity and customer support operations.

Madison-based Flux XII, a sustainable battery technology innovator, raised $3.95 million of seed funding in a deal led by The Grantham Foundation, with gener8tor, Wisconsin Alumni Research Foundation and Desai Ventures also participating in the round. The funds will be used to scale up electrolyte and membrane production in industrial facilities as well as testing multiple kilowatt-scale prototypes.

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