Mark Bakken is a Wisconsin Technology Council board member. Congratulations to Mark!
The awards program recognizes people with ties to the university who have contributed to “economic growth and social good” through entrepreneurship.
“I am delighted to recognize three outstanding members of our Badger community who are shepherding life-changing innovations into the world, all while creating jobs, economic impact, and social capital,” Chancellor Jennifer Mnookin said in a statement.
HealthX Ventures, a venture capital firm focused on digital health care, has raised $137 million and invested in 34 companies since 2015, according to the university’s release. Seventeen of those businesses started in Wisconsin.
Meanwhile, Bakken has personally invested in 11 different venture funds and more than 80 startup companies. UW-Madison says his portfolio companies have collectively raised more than $1.1 billion.
Another awardee is James Dahlberg, professor emeritus of biomolecular chemistry with the university. After joining the university’s School of Medicine and Public Health in 1969, he went on to co-found Cambridge BioTech Corp in the 1980s and Third Wave Technologies in the 1990s, which was sold in 2008 for $580 million.
That company’s intellectual property was later licensed by Madison-based Exact Sciences, the release shows.
The third awardee, YMCA of Metropolitan Chicago President and CEO Dorri McWhorter, is a graduate of the UW-Madison School of Business. She previously worked as a partner in the accounting firm Crowe LLP and held senior positions with Kenosha-based Snap-on Incorporated and Booz Allen Hamilton, a consultancy headquartered in Virginia.
See more on the recipients in the release.
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