Wisconsin VC funding for June 2026

According to PitchBook, Wisconsin startups raised at least $7.23 million in disclosed funding in June 2026.

RAIC Labs develops an analytics platform aimed at democratizing AI modeling for complex, data-limited workloads. The company raised $4 million in convertible debt funding from Lupa Systems, bringing its total funding raised to $37.4 million.

Convertible debt is a form of financing often used by high-growth, early-stage companies. With convertible debt, a business borrows money from a lender or investor under an agreement that allows all or part of the loan to be converted into shares in the company at a later date.