While investment activity in Wisconsin so far this year is faltering, one expert says there’s still time for “a nice uptick” in the coming months.
The Tech Council has identified about $191 million in investment deals in 2023 — well below the year-end totals of $870 million in 2021 and $640 million in 2022. And the group has only identified 40 investments for 2023, compared to 140 in 2021 and 107 last year.
But Joe Kremer, director of the Wisconsin Technology Council’s Investor Networks, noted investment activity tends to escalate in the fourth quarter.
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