Angel investors and venture capitalists invested at least $810 million in young, Wisconsin-based companies in 2021, shattering the previous calendar year early-stage investment record for the state of $483.6 million in 2020, according to the Wisconsin Technology Council.
Research by the Wisconsin Technology Council in preparation for its annual “Wisconsin Portfolio” report has thus far charted 111 deals financed last year by early-stage investors. A relative handful of those deals account for about $600 million of the total, the WTC said.
However, despite a record year, Wisconsin is still well outside the nation’s top 10 states when it comes to angel and venture capital. For example: Minnesota early-stage companies had $1.34 billion in investments in 2021, and Colorado reported $6.5 billion in early-stage investments in 2021.