Wisconsin companies set a new record for early-stage investment last year with at least $810 million in angel and venture capital funding.
That’s according to new data from the Wisconsin Technology Council released ahead of the group’s annual “Wisconsin Portfolio” report. Tech Council President Tom Still said more than $600 million of that total was from around 15 large deals, which he calls “really good news” for the state.
“That means companies that once upon a time were basically startups are growing, maturing and attracting investment from beyond our borders,” Still said in an interview. “That maturation process is important. At the same time, there were obviously a number of smaller deals that were a part of this too — and that’s equally healthy.”