http://www.jsonline.com/story/index.aspx?id=431170
Madison-based Venture Investors LLC will announce today that it has closed on $69 million in commitments for a new venture capital fund that will invest in very young companies in Wisconsin and the Midwest.
The fund – Venture Investors Early Stage Fund IV Limited Partnership – is the largest of its kind ever created in Wisconsin. It will help finance young companies formed around discoveries in the life sciences, engineering and information technology sectors.
The fund’s broad range of deep-pocketed investors includes the State of Wisconsin Investment Board, the Wisconsin Alumni Research Foundation and several big insurance companies and financial firms.