Investments in young, Wisconsin-based companies by angel and venture capitalists and other equity investors totaled $490.2 million in 2023, down from the previous year’s total of $640.2 million but still the third-highest investment total on the books and also consistent with overall national trends.

Research by the Wisconsin Technology Council for its annual “Wisconsin Portfolio” report captured 107 separate deals involving more than 100 unique funds, networks and accelerators, including 73 out-of-state investors taking part in 27 of the 107 rounds.

The top 10 deals by dollar size accounted for nearly three-quarters of the dollar total, with VBA Software, SHINE Technologies, Bend Health and Type One Energy collectively accounting for nearly $285 million of the $490.2 million total. However, the “median” deal among the 107 deals was $750,000. That shows many young companies are a part of the mix when it comes to attracting angel and venture capital.

Learn more here: https://wisconsintechnologycouncil.com/calendar-2023-was-wisconsins-third-highest-year-for-early-stage-investment-dollars-at-490-million/