Company news round-up for October

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.

• Xolve, formerly Graphene Solutions (2008 Wisconsin Governor’s Business Plan Contest grand prize winner), was one of three finalists in the North Central Clean Tech Open last week in Minneapolis….Read more from the Milwaukee Journal-Sentinel here.
• The National Nuclear Security Administration awarded funding to a group including the Morgridge Institute for Research and Phoenix Nuclear Labs LLC of Middleton, as well as to NorthStar Medical Radioisotopes LLC of Madison and its partners. Read a Milwaukee Journal Sentinel story here.
• The Marquette Golden Angels network and other angel investors from San Francisco and Seattle will invest $800,000 in PerBlue, a Madison-based social gaming company. Click here to read more from the Milwaukee Journal Sentinel

• BioSystem Development in Madison, Wis. has raised $978,000 from investors in Wisconsin, Illinois, North Carolina, California and New York. The money will be used to add equipment and launch new products, said founder and chief executive Scott Fulton. Click here to read more from the Wisconsin State Journal.