MADISON – The 2016 edition of “The Wisconsin Portfolio,” an annual publication of the Tech Council’s Wisconsin Angel Network, shows a sharp increase in angel and venture investment activity for the previous calendar year.
At least 128 Wisconsin early stage companies raised investment capital in 2015, a 13 percent jump from the prior year. More than $209 million was raised by those 128 companies, which was down from the 2014 total of $346 million but largely explained in the context of one major deal: SHINE Medical Technologies’ $127.4 million debt financing round in 2014.
The Tech Council obtained data from a variety of public and industry sources, including a survey of members of its angel network. The Wisconsin Angel Network is the Tech Council’s link to the investor community, helping to fuel the growth of capital in Wisconsin by providing services and resources to the early stage investing and entrepreneurial communities.
