IFOLC, the first venture capital fund to receive a commitment investment from the Badger Fund of Funds, will invest $8 million over the next several years.
“We are extremely excited to begin investing in Wisconsin startup companies. Our fund will help entrepreneurs build and expand their companies, create good jobs and help build Wisconsin’s economy,” said Jonathon Horne, managing director of IFOLC. “We will look at several sectors for eligible startups, including information technology, health care, engineered products, agriculture, education, and financial services.”
Limited partners include the Wisconsin-based Badger Fund of Funds, the Weber family of La Crosse and other investors.