The Green Bay Packers and Microsoft Corp. held the official grand opening Friday of TitletownTech, a new initiative to spur startup growth and innovation in Green Bay. And the group announced several new details about its $25 million venture fund designed to back Wisconsin startups.
The venture fund, dubbed the TitletownTech Venture Fund, was officially announced in 2017 as part of a three-part plan by Microsoft (Nasdaq: MSFT) and the Packers that includes an innovation lab, venture studio and $25 million VC fund. On Friday, TitletownTech named a dozen new limited partners in its fund, all of which are based in Wisconsin.
The new LPs include AmeriLux International, Baird, Cornerstone Foundation of Northeastern Wisconsin, Dickman Ventures, Green Bay Packaging, N.E.W. Venture Foundry, Plexus, Schreiber, Schneider, Sartori Cheese, The Village Companies and Weyers Investments.
They join previously announced LPs Delaware North, the New York Mets and Sterling Project Development.
Craig Dickman, managing director of TitletownTech, said in an interview with Wisconsin Inno that the VC fund has so far invested in three startups. One such startup is Oculogica, an eye-tracking technology that helps diagnose concussions. Oculogica is headquartered in New York but is founded by Wisconsin natives and has its engineering and product development teams in Wisconsin. Read the full story here.