Meet Tech Council Investor Networks Director Joe Kremer, participate in an engaging discussion around the Portfolio and network with a happy hour to follow the presentation.
What angel and venture capital means to the Wisconsin economy will be a topic of a series of free meetings that will kick off at Green Bay’s TitletownTech with a report based on the new “Wisconsin Portfolio” report with a 3 p.m. arrival time. The presentation will last from 3:30 p.m. to 4:30 p.m. Attendees will then be invited for a networking “happy hour” at each location. Investors, entrepreneurs, corporate representatives and others interested in Wisconsin’s venture capital climate are among those encouraged to attend.
Click here to access a clickable/printable PDF of the event dates and links.
Register for these free events by location:
Green Bay’s TitletownTech on July 26
Door County’s Landmark Resort on July 27
Eau Claire’s CoLab on July 28
Beloit’s Irontek on Aug. 2
Serendipity Labs – Madison on Aug. 3
Milwaukee’s Nō Studios on Aug. 4
Idea Fund of La Crosse on Aug. 9
The latest edition of the “Wisconsin Portfolio” shows more than $483 million was raised by the state’s early stage companies in 2020, a record for any calendar year in Wisconsin but still not on par with other Midwest states. The report showed 110 angel and venture capital deals and four crowdfunded deals, down slightly from 2019. Average and mean deal sizes grew in terms of dollars invested, which was consistent with national trends and a sign that more young companies are surviving and growing.
Despite a record year, Wisconsin lagged states such as Michigan, Minnesota, Ohio, Illinois, Indiana and Missouri, even after accounting for differences in population. Michigan recorded $3.1 billion in investments, for example, and is now the nation’s fastest-growing venture capital state in percentage terms over the five years beginning in 2016. Illinois, Minnesota and Ohio were each billion-dollar-plus investment hubs in 2020, along with Michigan.
The Tech Council and the Wisconsin Fund Coalition have been advocating for a state investment in a larger, privately matched “fund of funds” to bring more capital to Wisconsin.
Questions? Call Laura at 608.442.7557