Even in tough economic times, Wisconsin tech-based firms are attracting investors, finding partners and moving their products and services to market. Here is a round-up of recent company news.
Alice.com, a Middleton-based packaged goods Internet retailer, has entered into an agreement to sell products on Buy.com, an online superstore. Read more here.
Applied Data Consultants Inc. will receive $101,000 in tax credits from the Economic Development Tax Credit Program to expand a product line at its manufacturing plant in Eau Claire.
Cellular Dynamics International and Promega Corp. have entered into a research collaboration to develop toxicity tests for drug developers that use stem-cell derived heart cells. Read more here.
Endece LLC received $12 million of investor funding and a $250,000 loan from the state’s Technology Venture Fund. Read more from the Milwaukee Journal-Sentinel here.
Full Spectrum Solar plans to move its operations in October from the Madison Enterprise Center small business incubator at 100 S. Baldwin St. into a new building at 1240 E. Washington Ave., the former Quality Collision. Founder Burke O’Neal is hoping the new location will bring more visibility to Full Spectrum Solar. He’s looking to construct a solar awning across the front of the building to generate both electricity and business. Read more from the Cap Times here.
Read below for past company news:
Hardcore Computers $3 million by Capital Midwest Fund* and Arthur Ventures.
ConjuGon $1.9 million from undisclosed investors, read more.
EMSystems acquired by Florida company, read more.
2009 U.S. Angel Investments report released, read more.
Mason Wells raises $525 million for new fund, read more.
ZBB Energy Corp. seeks to raise $10 million in stock offering, read more and secured $2.8 million in loans, read more.
Platypus received a $396,000 grant from the National Cancer Institute, read more.
Lucigen Corp. received a $200,000 state loan.read more.
NCD Technologies received $150,000 NSF SBIR grant, read more.
EraGen Biosciences Inc granted 510(k), read more.
Generac and Douglas Dynamics Inc.’s stocks make debut, read more.
Aova Technologies Inc. formed joint venture in China, read more.
Cellular Dynamics Int’l licenses Japanese cell reprogramming technologies, read more.
Stemina signs three new partnerships, read more.
WARF stem cell patent, decision reversed by USPTO, read more.
Biotech industry gaining jobs, read more.
Local Dirt founder Heather Hilleren was featured in an April 3 “Executive Q&A” column in the Wisconsin State Journal. Read more here.
Madison-based Orbital Technologies Corp. (Orbitec) is one of five companies nationwide to be awarded a piece of a five-year contract worth a total of up to $50 million to develop space propulsion systems for the National Aeronautics and Space Administration. Read a March 31 Wisconsin State Journal story here.
A Milwaukee nanotechnology company has completed a licensing agreement with the UWM Research Foundation. NanoAffix Science LLC plans to commercialize technologies for creating custom nanoparticles that were developed by Junhong Chen, an associate professor of mechanical engineering at the UW-Milwaukee. Read more here.
The Milwaukee Journal-Sentinel featured Phoenix Nuclear Labs LLC in a March 29 news story on the company’s efforts to make a radioactive isotope that is critical for certain medical imaging tests. Read the Journal-Sentinel story here as well as a column by Tech Council President Tom Still here.
A Wauwatosa group has raised about $25 million for a venture capital fund that will invest in information technology and life science companies in Wisconsin and the Midwest. Read a Milwaukee Journal-Sentinel story on Capital Midwest Fund II here.
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