Capital & Finance

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $16,600,000 in disclosed funding in March 2026. AIQ Solutions raised $2.99 million of venture funding in the form of convertible debt from NVNG Investment Advisors, Capital Midwest Fund, and Rock River Capital Partners. BrightStar Wisconsin Foundation, Wisconsin Investment Partners, Tundra Angels, Wisconsin Alumni Research Foundation and other Wisconsin VC funding for March 2026   

According to a 2024 study from the University of Chicago, 83% of business owners used their own personal assets to support start-up costs. Nearly two-thirds (63%) of all start-up funding can be attributed to using personal assets or credit cards, with 19% of funding coming from loans issued by banks or government sources. That reality Understanding SBA debt financing for startups

Startups rarely run out of ideas, but time and money are often in short supply. Raising a priced funding round can take months of meetings, diligence, and negotiations. In the meantime, payroll still needs to be met, product development continues, and growth targets loom. When cash gets tight before the next major milestone, some startups Bridge loans: A short-term fix between funding rounds

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $5.8 million in disclosed funding in February 2026. 7Rivers, founded in 2023 by Paul Stillmark, develops data modernization, advanced data science, and artificial intelligence services to help organizations utilize their data more effectively. The company raised $5M in a Series A round led by Inoca Capital Partners. Wisconsin VC funding for February 2026

Milwaukee-based fintech startup Voyager AI has raised $500,000 in pre-seed funding led by Mastercraft Ventures to accelerate development of its artificial intelligence platform designed to streamline commercial lending for banks and credit unions. Voyager AI builds secure software that automates many of the most time-consuming parts of the lending process, including regulatory reviews, financial feasibility Voyager AI raises $500K pre-seed round from Mastercraft Ventures

Convertible debt is a funding instrument used by startups to raise early-stage capital with the option to convert that loan into equity later, typically at the next qualified financing round. It blends elements of debt and equity. Founders receive capital without setting an immediate valuation, while investors gain a structured path into future ownership if Understanding startup capital: What is convertible debt?

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $48.61 million in disclosed funding in January 2026. Madison-based Cardamom Health raised an estimated $15 million in Series A venture funding from HealthX Ventures, Valspring Capital and other undisclosed investors. The funds will be used to expand the company’s advisory and electronic health record-related services. Two January Wisconsin VC funding for January 2026

American dollar, money & banking

SAFE means Simple Agreement for Future Equity. A SAFE note is a way for startups to raise money without immediately selling shares of the company or setting a valuation. An investor provides capital now in exchange for the right to receive equity later, usually when the company raises a priced funding round or is acquired. What is a SAFE note?

Any gathering of Wisconsin-based founders and funders will often lead to a discussion about the lack of venture capital in the Badger state. Data from the National Venture Capital Association supports this lament. In the years 2020-2024, 456 startups raised $ 2 billion in capital. During that same period, California saw 23,904 startups raise $537 What is the Wisconsin Investment Fund?

Mary Hannes has assumed day-to-day leadership of Golden Angels Investors, marking a new chapter for the Brookfield-based angel investment group as it builds on more than two decades of investing in high-growth startups. Hannes now serves as Director of Golden Angels Investors, taking the helm as longtime leader Tim Keane transitions into the role of Hannes leads Golden Angels Investors