Capital & Finance

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $24 million in startup funding in February. The region’s top fundraiser in February was Wauwatosa-based COnovate. The company developed COphite, a carbon-based substance that results in faster charge times, greater capacity and improved safety when added to lithium-ion anode batteries. The company raised $2.49 million through a Wisconsin VC Funding for February 2025      

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $8.9 million in disclosed funding in January. Milwaukee-based Sanacor secured an undisclosed investment from Madison-based Venture Investors. The company is on a mission to reverse diabetic cardiovascular disease—one of the leading causes of death among people with diabetes and a condition that currently has no effective treatments. Wisconsin VC Funding for January 2025   

This piece is taken from PitchBook’s Unicorn Companies Tracker published February 3, 2025. PitchBook’s unicorn tracker contains all new unicorn companies formed since the beginning of 2016.   What is a unicorn company? The term unicorn describes startups that are valued at more than $1 billion. PitchBook defines a unicorn more narrowly as a venture-backed company PitchBook’s Unicorn Update

American dollar, money & banking

According to PitchBook, 28 Wisconsin-based investors made a total of 99 disclosed startup investments in 2024. This calculation does not include undisclosed investments or investments made by out-of-state investors in Wisconsin startups. Below is a list of the 20 most active startup investors in Wisconsin for 2024.

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $13.97 million in December. GenoPalate, founded by Dr. Sherry Zhang, provides a genetic data analytics platform designed to help customers make healthier choices based on their genes. The company raised funds from an undisclosed investor. Golgix raised $1.19 million in venture funding in a deal led by Wisconsin VC Funding for December 2024

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $18.33 million in November. Early reports indicate that the Milwaukee 7 region outraised other part of the state in November. Advanced Ionics raised $16.72 million through a combination of Series A-1 and Series A-3 venture funding in a deal led by bp Ventures, putting the company’s pre-money Wisconsin VC Funding for November 2024

American dollar, money & banking

According to PitchBook, Wisconsin startups raised at least $49.74 million in disclosed funding during October. Rivermark Medical raised $30.04 million of Series C venture funding in a deal led by American Century Investments. The funds will be used to advance the clinical development of the company’s flagship product designed to restore urinary function in patients Wisconsin VC Funding for October 2024   

American dollar, money & banking

According to PitchBook data, five Wisconsin-based startup companies raised at least $5 million in venture capital in the third quarter of 2024. Wisconsin investors were involved in two deals worth at least $5 million of investments into Wisconsin companies. Below is a list of Wisconsin companies that received disclosed VC funding in the second quarter of 2024.

American dollar, money & banking

September was a very slow month for fundraising in Wisconsin. According to PitchBook, Wisconsin startups raised at least $1 million in the last month. Madison-based WholeTrees Structures was awarded a $1 million grant from the U.S. Endowment for Forestry and Communities. The construction company has expertise in engineering natural unmilled timber for commercial construction. We Wisconsin VC Funding for September 2024

Less than 1% of all U.S.-based startups receive venture capital funds. Despite the focus on raising venture funds in the startup ecosystem, most founders rely on other forms of financing or bootstrapping to launch their companies. MKE Tech Hub Coalition created the FOR-M Loan program to address the funding needs of the vast majority of MKE Tech Hub supports startups with loan program