Wisconsin startup accelerator program gener8tor and its venture capital fund have raised $14.5 million of a $15 million fundraising target for its eighth venture fund, according to a U.S. Securities and Exchange Commission filing.
The SEC filing shows that 51 investors have taken part in gener8tor’s latest funding round. The firm declined to comment on the funding round Monday.
gener8tor makes investments in startups that participate in its accelerator program. In return for an equity stake, the nationally-ranked accelerator invests up to $100,000 in each of the high-growth startups that participate in its 12-week gener8tor program.