Investments in early-stage Wisconsin companies by angel and venture capitalists totaled at least $810.82 million across 111 deals in 2021, a 67% increase from the record set in 2020, according to early data released Monday by the Wisconsin Technology Council.
The five companies that landed Wisconsin’s biggest venture capital deals in 2021 — Fetch Rewards, SHINE Technologies, VedaData, Redox and DataChat — accounted for about $475 million of the state total. Eight other firms landed about $135 million, the council said.
The data represent early findings in the council’s annual Wisconsin Portfolio report; the final 2021 numbers will come out in the spring. The council uses public reports, filings and proprietary investor surveys to track angel, venture and venture debt deals in Wisconsin.