Funding and Investment Sources in Wisconsin



Madison-based early-stage venture capital firm focused on early-stage medical diagnostics, biotechnology tools, medical device, and industrial water and chemistry opportunities in the Midwest.

Lakeshore Angels


Focused on mezzanine financing between debt and common equity, seeking later-stage companies with strong cash flow in Sheboygan and nearby counties.


4490 Ventures: Greg Robinson


Early Stage fund capitalized by State of Wisconsin Investment Board and Wisconsin Alumni Investment Foundation to build IT start-ups in Wisconsin.

608.263.2500  •

Lancaster Investments


Our early-stage fund supports auto innovations, specifically those with dealer-facing technologies.

American Family Ventures: Dan Reed


Early Stage fund capitalized by State of Wisconsin Investment Board and Wisconsin Alumni Investment Foundation to build IT start-ups in Wisconsin.

Milwaukee Venture Partners


Early stage venture group specializing in Wisconsin and the Great Lakes region.

414.507.6769  •

Angels on the Water


Infuses high-growth companies with capital and connects them with business mentors.

920.232.9786  •

N29 Capital Partners

Eagle River

Network formed to invest in start-up and high growth companies in Vilas County.

866.306.3690  •

Aurora Health InvestMKE


$5 million to support local Milwaukee startups through a multiyear funding commitment, business resources and mentorship.

New Capital Fund: Charlie Goff

Little Chute

Firm focused on early-stage life and material science, information technology and growth-stage niche/ advanced manufacturing, with $45 million under management.

920.731.5777 /

Badger Fund of Funds: Ken Johnson


Limited Partnership formed by the state of Wisconsin to invest in Wisconsin venture capital funds that will in turn invest in Wisconsin based new ventures.

New Richmond Angel Investment Network: Pete Marsnik

New Richmond

The New Richmond Area Economic Development Corporation is to encourage and assist economic development in the New Richmond Area that will create jobs and capital investment.

715-878-9791  •

Bascom Ventures


Through capital, expertise & connections to a global network, Rock River Capital exists to forward the ideas & hard work of the Midwest into great companies.

Northwestern Mutual Cream City Venture Capital


Cream City VC is another way we’re showing our commitment to MKE by investing in making our city an even more vibrant hub for 21st centruy business. Cream City VC is dedicated to investing solely in startups based in Southeastern Wisconsin.

Belle Capital


Venture fund based in Michigan eager to create opportunity for women entrepreneurs in Wisconsin.

Northwestern Mutual Future Ventures: Craig Schelder


Are you passionate about helping people live life differently? Imagine what’s possible when we join forces: the strength and scale of a Fortune 100 company combined with the experience of a successful start-up plus your drive to reimagine the way things should be. Together we can harness innovation to become the future of financial security.

Capital Midwest Funds


Capital Midwest Fund is a venture capital firm that invests in advanced manufacturing, B2B, and healthcare technology companies based in the Midwest.

414.453.4488  •

Rock River Capital Partners


Through capital, expertise & connections to a global network, Rock River Capital exists to forward the ideas & hard work of the Midwest into great companies.

Chippewa Valley Angel Investor Network

Eau Claire

Providing private equity financing for early stage and startup entrepreneurial ventures in the greater Chippewa Valley.

715.878.9791  •

Silicon Pastures: Teresa Esser


Angel Investor group that considers technology investment opportunities located in the Midwest Great Lakes region.

414.347.7815  •

CSA Partners: Steve Mech


Venture fund investing in early-stage, high growth Midwestern companies, particularly in Wisconsin.

Titletown Tech Venture Capital Fund

Green Bay

The Green Bay Packers and Microsoft have teamed up to bring Titletown Tech to Greenbay’s Innovation Hub. This venture fund will invest money to help launch new companies that participate in the Accelerator.

920.217.1218 /

Golden Angels Investors: Tim Keane


Seed and early stage investments focused on healthcare and technology ventures, focused on adding value, in addition to capital, through its network of 100 members.

262.439.4421 /

Tundra Angels

Green Bay

Tundra Angels is a Green Bay, Wisconsin-based angel investor network that delivers capital, connections, and customers to early stage startup founders.

Great Oaks Venture Capital: John Philosophos


$100 million venture fund based in NYC focusing efforts and funding for Wisconsin businesses.

Venture Management: Matt Kelly


Private investment office investing in technology companies, focusing on businesses located in Wisconsin and/or investing in Wisconsin’s economy.

608.819.8888 /

HealthX Ventures: Mark Bakken


HealthX Ventures is a digital healthcare-focused seed fund based in Madison, WI. They support teams that can make healthcare safer, more affordable, and produce better results.

608.618.3863 /

Winnebago Seed Fund


Our primary objective is to generate investor return by partnering with talented entrepreneurs in Wisconsin to rapidly grow their businesses.

Hyde Park Venture Capital: Ira Weiss


HPVP is an early stage venture fund focused on software startups between $500K to $3M in revenue located in the Midwest. The firm looks to help these startups to raise their first institutional round of capital.

Wisconsin Alumni Research Foundation (WARF)


WARF advances UW–Madison discoveries to benefit society. Since 1925, we have helped thousands of patents find real-world applications to make a difference in countless lives and have invested more than $2 billion (adjusted for inflation) back into the university to fund more research.

Idea Fund of La Crosse

La Crosse

We know great ideas are not limited to Silicon Valley. That’s why the Idea Fund partners with seed- and early-stage startup businesses across the state. We support Wisconsin’s best entrepreneurs, people who are solving challenging problems with passion and drive. We bring capital, connections and years of experience building exceptional businesses, all laser-focused on helping you accelerate your vision.

608.498.4557 /

Wisconsin Angel Network: Bram Daelemans


WAN fuels the growth of capital in Wisconsin by operating as an umbrella organization providing services and resources to the early stage investing and entrepreneurial communities.

608.442.7557 ex.23 /

Inventure Capital: Mike Thorson


Boutique investment fund with a portfolio of assets ranging from early stage investments in tech, biotech, and clean tech startups in the Midwest to multi-family apartment development.

608.468.6605 /

Wisconsin Investment Partners: Andrea Dlugos


Early stage investments in technology and life science companies, through which we can leverage member expertise, contacts, and interests toward superior investment outcomes.

Kegonsa Capital Fund


Wisconsin-based venture capital management firm that partners with Kegonsa Seed Fund I, a premier seed venture capital fund, and Kegonsa Coinvest Fund, a growth stage venture capital fund.

608.205.0100 /

Wisconsin Super Angel Fund


Fund that provides $250,000 to $2 million in growth financing to early-stage Wisconsin businesses, with a focus on quick growth and an early exit.

414.405.4848 /

Incubators and Accelerators in Wisconsin

100 State


A non-profit that strives to inspire innovation, build a community and solve meaningful problems to make Madison a more brilliant, rich and vibrant place.

Gener8tor: Joe Kirgues

Milwaukee & Madison

Technology investors that provide early start-ups funding and a 12-week mentorship program to help launch their business.

414.502.8880 (Milwaukee) /

Alta Resource Center: Colleen Merrill


A center for innovation and entrepreneurship established by Alta Resources to inspire, educate and develop entrepreneurs from UW Oshkosh.

920.424.1444 /

MadWorks CoWorking: Anne Smith


Resident company at the UW University Research Park offering accelerator space to Madison entrepreneurs.

608.441.8000 /

American Family Business Accelerator


A business toolbox designed to help entrepreneurs build and grow their businesses. Members enjoy free access to professional business advice, interviews and workshops.

Springboard Enterprises: Amy Millman


A Highly-vetted expert network of innovators, investors and influencers who are dedicated to building high-growth technology-oriented companies led by women.

202.242.6282 /

BizStarts Milwaukee


A collaborative center connecting start-ups and scaling businesses to business resources, education and capital.

414.973.2334 /

The Commons


An unparalleled level of collaboration, creating a vast web of connections and opportunity to retain our best and brightest collegiate students.

CELEB Beloit


The Center for Entrepreneurship in Liberal Education at Beloit is a space for student’s to start and expand their entrepreneurial pursuits through incubator, gallery and technology facilities.

608.361.6611 /

The Development Association


A nonprofit that assists with the retention, creation, expansion and recruitment of businesses in Superior and Douglas Counties.

715.392.4749 /

Center for Technology Commercialization: Bon Wikenheiser


Technical assistance professionals who consult with entrepreneurs to help prepare companies for investment capital.

608.263.0398 /

UWM Innovation Campus: David Gilbert


A public-private venture bringing together key players in research, business, finance and government to create products, grow business and transform lives.

414.906.4670 /

CVTC Applied Tech. Center

Eau Claire

Specialized incubation center with space and equipment for businesses specializing in micro fabrication and other advanced manufacturing techniques.

715.874.4655 /

UWW Wisconsin Innovation Center


The cornerstone of the Whitewater University Technology Park and a leading hub of innovation and growth including everthing a business needs to grow and succeed.

262.472.1365 /

Discovery to Product- UW-Madison


D2P provides resources for innovations coming from campus dorm rooms and laboratories to help bridge the gap from inspiration to commercial reality.

608.890.0904 /



A start-up hub and collaborative community. Home to gener8tor-run entrepreneurship training classes, meeting areas and work spaces for earlier state start-ups.

Entrepreneurial & Education Center: Romey Wagner


An innovative approach to entrepreneurial development. It will make a significant contribution to the economoic growth of Wausau and Central Wisconsin.

715.848.2016 /

WEDC: Aaron Hager


Wisconsin’s lead economic development agency, with more than 600 regional and local partners implementing powerful programs for Wisconsin entrepreneurs.

608.210.6825 /



gBETA is a program of nationally ranked startup accelerator gener8tor. gBETA is a free, seven-week accelerator for early-stage companies with local roots. Each program is capped at five teams, and requires no fees and no equity.

414-502-8880 /

Wisconsin Women’s Business Initiative Company

Kenosha, Madison, Milwaukee, Racine

Business supporters and financial educators who specialize in the assistance of women, people of color and low-income entrepreneurs.

414.263.5450 /