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Capital & Finance

Wisconsin VC Funding for January 2024

According to Pitchbook, Wisconsin startups raised $65.87 million in January. The spike in venture capital investments in Wisconsin-based startups is due to large investments in Elephas and Imbed Biosciences, both located in Dane County.

Located in the Milwaukee 7 Region, growth focused RoofMarketplace has raised a total of $6.85 million since its launch. The company’s marketplace helps homeowners and property managers to connect them with qualified roofing contractors and also facilitates contractors to bid for a particular project, enabling consumers and contractors a means to conduct the estimating, review, and selection process online.

Milwaukeean Nubian Simmons is the founder of The Pink Bakery. Her company manufactures allergen-free baking mixes and frostings intended for home baking. It offers small-batch blends catering specifically to individuals with allergies, featuring certified gluten-free, lactose-free, and vegan options made with natural ingredients.