For the second month in a row, the Milwaukee 7 region secured more venture capital funding than any other region in the state. Technology company 7Rivers, headed by Paul Stillmank, raised $6.00 million of seed funding from undisclosed investors in June, putting the company’s pre-money valuation at $7.55 million. Radian IoT, developers of a global … Wisconsin VC Funding for June 2024
Douglas Hwang has always been an outlier. In 1987, after completing his conscripted service fighting Communism in his home country of Taiwan, Hwang moved to Milwaukee to attend Marquette University where he earned his master’s degree in environmental engineering. His first job after graduation involved a long commute, giving him nearly two hours a day … CORNCOB strives toward commercialization
When you hear the word “startup,” you probably think of a brand-new company just getting off the ground. Mike Willis, the owner and President of Admiral Chemicals, challenges this notion. In 2023, Willis purchased the decades-old company with an eye towards innovation. He believes that new ownership can revitalize an established business and create new … Admiral Chemicals: A Different Kind of Startup Story
Just months after Finnia Forsberg’s first birthday, the healthy baby her father Christopher knew disappeared. One-year-old Finnia spent her nights vomiting and she wasn’t meeting the anticipated growth milestones. Her worried parents took her to the doctor in search of a solution to whatever was ailing the girl. After a battery of tests, the team … From Desperation to Innovation: The creation of Finni’s Finest
The global consumer wellness market is currently valued at $1.8 trillion. Milwaukee-based startup Kaze Human Performance is weeks away from jumping into this rapidly growing market, and they are ready to make a splash. Co-founders Steven Anderson and Vassi Slavova have created a matcha-based sports drink designed to enhance athletic performance. According to the company, … Kaze brings matcha to a new audience
The Summerfest Tech Pitch Competition returned on June 26 with eight startups competing for a chance to win a share of $50,000 in prize money. The competition, produced by Young Enterprising Society in partnership with Molson Coors Beverage Company, saw a record number of applicants from across the globe.
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 … Wisconsin VC Funding for May 2024
“Do you consider yourself ‘ice obsessed?’,” Dan Guenther asked the crowd gathered to watch the 2024 Wisconsin Governor’s Business Plan Contest Pitch Competition. This question sparked lively discussions at the 2024 Wisconsin Entrepreneurs’ Conference long after the competition finalists left the stage. If you’ve never thought about ice before, it might surprise you that more … Rockhopper sees opportunity in ice
Recent UW-Milwaukee grad Sam Keehan was already a CEO before donning his cap and gown. Keehan founded NuvaBox, a subscription box service for young adults leaving home for the first time, in 2023, as a senior project. It is now his full-time pursuit. “When I moved out of my parents’ house and into an apartment, … NuvaBox provides adulting hack
In an era where travel planning often feels like piecing together a chaotic puzzle, founder Ophir Ben-Yitschak has developed a technology product that he bets will emerge as an industry game-changer. Relavanti, a Milwaukee-based travel technology startup, aims to streamline the journey to the perfect trip by using AI and machine learning. Ben-Yitschak is a … Relavanti: Simplifying the path to paradise