EatStreet has added an additional $4M in funding to the $6M already raised this year, closing a total Series B round of $10M. EatStreet provides an online ordering platform for 15,000 restaurants in 125 cities across the US. This latest $4M round was led by the State of Wisconsin Investment Board (SWIB) and 4490 Ventures. …
After months of getting the final pieces to fall into place, the first equity crowdfunding campaign in Wisconsin is finally off the ground. MobCraft Beer officially launched their equity crowdfunding campaign this week via the CraftFund portal and is the first company to utilize this new funding source. MobCraft intended to start their fundraising campaign …
Propeller Health recently completed a $14.5M Series B funding round, led by Safeguard Scientifics with participation from The Social+Capital Partnership. Propeller Health will use the funding to accelerate product development, strategic alliances, client services, sales and marketing as it tackles the $100 billion cost of treating asthma and chronic obstructive pulmonary disease (COPD). Propeller is …
The hyperlocal online rental marketplace ABODO announced today it has closed $1.25 million in Series A financing, led by American Family Ventures. Also joining the round are 4490 Ventures and Lakewest Venture Partners, and this investment is the first for the new 4490 Ventures fund. ABODO is an apartment listing service that has already launched …
Mobile gaming company PerBlue has raised $3M in a Series A-2 funding round lead by Chicago based Lightbank. This funding marked Lightbank’s first investment in a Wisconsin based startup. PerBlue designs, develops, and publishes mid-core mobile strategy games for Android and iOS platforms. Their games have been played by over 10 million people in 200 …
Madison based Venture Investors has completed fundraising for their fifth fund, which will target 12-15 early stage life science and technology companies over the next 3-5 years. The VC’s latest fund totals $80 million and will primarily target companies in the Midwest. Venture Investors was established in 1982 with its first four funds totaling $177.6M. …
Apartment listing service Abodo.com completed its seed funding round of $325,000 recently, led primarily by Wisconsin based angel investors. Abodo has helped more than 40,000 Madison renters find new apartments in the last 12 months, and plans to continue expansion across the Midwest. Abodo employs 5 full-time people and is a graduate of the Winter …
Madison made the short list of cities with the highest amount of venture capital investment per capita. The Atlantic Cities released a series of posts examining the new geography of venture capital and high-tech startups. The Silicon Valley (#1) and San Francisco (#2) areas are still by far the top areas for investment, but the …
Madison a Top 20 Area for Venture Capital Per Capita Read More »
SOLOMO Technologies has just closed a $1.7 Million Series A financing round. The round was co-led by Venture Management, LLC and Don Layden, and included participation by Wisconsin Investment Partners. The financing will be used to accelerate SOLOMO’s product development and increase its sales and marketing activities. The company’s SOLOMO Exchangeâ„¢ platform enables retailers to …
Asthmapolis has just closed a $5 Million Series A round of funding from The Social+Capital Partnership. Asthmapolis makes an FDA approved “smart†asthma inhaler that helps patients and health providers better monitor, visualize, and understand the behavior of asthma by utilizing a sensor that attaches to an inhaler. Asthmapolis, on the other hand, is on …
EatStreet (formerly UConnect) has just completed a $2 million Series A financing round led by Cornerstone Opportunity Partners, with Great Oaks Venture Capital, Independence Equity, and Gener8tor also participating in the round. EatStreet is a free online ordering service that connects customers with restaurants, and the new capital will enable EatStreet’s expansion into new markets. …
Madison water-technology startup AquaMost received a $1 million investment from the Golden Angels and Wisconsin Investment Partners. AquaMost is developing a new type of water purification system developed by University of Wisconsin scientists. The money will be used to hire several engineers and lab associates to develop the system for commercial sale.
Madison biopharmaceutical company Mithridion recently secured $1.25 million in funding from Venture Investors, The State of Wisconsin Investment Board, and Rocket Venture Fund. Mithridion is developing drug candidates that focus on serious Central Nervous System disorders, including Alzheimer’s disease.
Capital Entrepreneurs founding member PerBlue just closed an $800,000 angel round led by Tim Keane‘s Golden Angels out of Milwaukee and other angel groups from San Francisco and Seattle. PerBlue is a social gaming company that creates mobile games for iPhone, Android and other mobile platforms. Their flagship product, Parallel Kingdom, has over 200k users …
PerBlue Raises $800,000 Angel Round from Golden Angels and West Coast Angels Read More »
