Capital & Finance

heap of different nominal per dollars

According to Pitchbook, Wisconsin startups raised at least $22.7 million in August. Green hydrogen company Advanced Ionics has raised a total of $17.36 million since its launch in 2017. The most recent funding round was a Series A venture funding deal led by BP Ventures with Mitsubishi Heavy Industries, GVP Climate, Clean Energy Ventures and Wisconsin VC Funding for August 2023

American dollar, money & banking

According to Pitchbook, Wisconsin startups raised at least $10.65 million in July. Milwaukee-based Rivermark Medical has developed a therapeutic device that provides a minimally-invasive treatment for Benign Prostatic Hyperplasia (BPH). Led by company co-founder Dr. Adam Kadlec, the company has raised a total of $4.65 million to date from undisclosed investors. eCourt Reporters received a Wisconsin VC Funding for July 2023        

Black and white photo of a man in a suit

Milwaukee-based Golgix has developed AI software that predicts failures on automated production lines for manufacturers in industries such as food and beverage, paper, plastics, consumer goods, electronics, and pharmaceuticals. According to the company, unplanned downtime costs manufacturers hundreds of production hours and approximately 6% of their annual revenue. The growing company announced it has closed Golgix announces $600,000 funding round

American dollar, money & banking

According to Pitchbook data, 25 Wisconsin-based startup companies raised venture capital in the second quarter of 2023. Nine of the companies that received venture dollars are headquartered in the Milwaukee region. Collectively, the companies raised over $18.6 million in the second quarter of the year. That number is down from first quarter. Two of the A second look at Q2 VC funding

heap of different nominal per dollars

According to Pitchbook, Wisconsin startups raised at least $19.5 million in June. Milwaukee-based Frontdesk is the developer of an apartment rental platform designed to serve business and leisure travelers. The company is currently operating in 35 U.S. markets with over 1000 units in more than 150 buildings. Frontdesk raised $4.89 million of Series B-3 venture funding from Wisconsin VC Funding for June 2023

heap of different nominal per dollars

According to Pitchbook, Wisconsin startups raised $3.04 million in April. Wauwatosa-based RoddyMedical, designers of a wearable medical device used to secure medical lines, secured funds from undisclosed investors. Five of the company’s six active investors are located in Wisconsin. To date, the company has raised $1.57 million in capital. Company Name Amount Raised Funding Type Wisconsin VC Funding for April 2023

heap of different nominal per dollars

According to Pitchbook data, 27 Wisconsin-based startup companies raised venture capital in the first quarter of 2023. Nine of the companies that received venture dollars are headquartered in the Milwaukee region. Collectively, the companies raised over $28 million in the first three months of the year. Six of the nine deals involved venture capital from A second look at Q1 VC Funding

American dollar, money & banking

At the close of the first quarter, financial reports across the board indicate venture and growth investors in private companies continued to scale back their investment pace. According to Pitchbook data, 27 Wisconsin-based startup companies raised venture capital in the first quarter of 2023. Milwaukee area companies Company Name HQ Location Year Founded Funding Amount Wisconsin VC Funding Quarter 1

Milwaukee-based startup EVEN, launched in 2022, has reached another funding milestone.  Company founder and CEO, Mag Rodriguez, announced it raised a $2.2 million seed round to support the direct-to-consumer platform that allows artists to sell their music to consumers before it is commercially available elsewhere. The funding round was led by CSA Partners with participation EVEN raises $2.2 Million seed round

American dollar, money & banking

MKEStartup.News took a snapshot of the top founders and funders in the Milwaukee startup ecosystem. Using PitchBook, we examined the venture capital deals in the region from January 1, 2019, through January 13, 2022, looking exclusively at data from companies that are headquartered in the Greater Milwaukee area. In that time, Milwaukee companies were involved Milwaukee’s Movers & Shakers, by the Numbers