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Category: Business/Technology

Wisconsin startup investments have nearly doubled in five years

BizTimes

The panelists also addressed the nagging problem of the “valley of death” in funding startups in Wisconsin. While the seed round is relatively easy to raise, many startups struggle to get additional investment beyond that stage.

“There is a real regional strength here in the state. You look at what comes out of UW-Madison, -Milwaukee, the other institutions here—there’s a lot going on,” Arida said. “There’s not a lot of follow-one capital. There has been a disproportionate surge in seed investing relative (to later stage investment).”

Judge Upholds $234M Award to WARF in Apple Patent Case

Xconomy

A federal judge on Tuesday rejected Apple’s request to overturn a jury’s finding that the company must pay $234 million in damages to the Wisconsin Alumni Research Foundation (WARF) for infringing on a patent held by the foundation, according to a statement from WARF and multiple news reports.

Wisconsin startup’s invention helps firefighters navigate through burning buildings

Capital Times

Noted: Dykes was among 13 finalists to participate in the contest, organized every year by the Wisconsin Technology Council. The council’s president, Tom Still, announced Dykes as the winner of the competition at an award ceremony at the University of Wisconsin-Madison Memorial Union South, as part of the council’s Wisconsin Entrepreneurs’ Conference.

Wisconsin gives autonomous vehicle innovation a lane to drive itself

Wisconsin State Journal

The Governor’s Steering Committee on Autonomous and Connected Vehicle Testing and Deployment will advise Walker on how best to advance the testing and operation of self-driving vehicles in Wisconsin. It will include a mix of industry, technology, regulatory and academic members, and build upon the selection of the UW’s Traffic Operations and Safety Laboratory as a test bed.

Milwaukee startup creates life vest for kayakers, triathletes and others who won’t wear bulky preservers

Milwaukee Journal Sentinel

Noted: Shaken by the tragedy, the University of Wisconsin-Madison senior business major vowed to invent a lightweight, minimalist life vest that would appeal to triathletes, surfers, kayakers, anglers, standup paddle boarders, sailors and anyone else who should, but probably doesn’t, wear a personal flotation device.

Scott Walker seeks ‘steering committee’ to study driverless cars

Wisconsin State Journal

The committee will be headed by a Department of Transportation official and include representatives from the Department of Transportation, the Wisconsin Economic Development Corporation, the state insurance commission, the Wisconsin State Patrol, the UW-Madison, the Wisconsin Technology Council, the governor’s office, local law enforcement, a motorcycle advocacy organization, the trucking industry and three or more members from the “automated and connected vehicle technology sector,” as well as six appointees chosen by legislative leadership from both parties, according to the executive order.

Cranberry research to get a boost in Wisconsin

Wisconsin State Journal

The $1.5 million research station is being paid for through a public-private partnership that includes $750,000 in private funds and $650,000 from the USDA’s Agricultural Research Service. The property will include 30 acres of production cranberry beds to generate revenue to help support research, along with another five acres of beds for further research studies by faculty at UW-Madison and the USDA.

File not deleted: UW scholar works to preserve podcasts for history

Capital Times

The project was among the projects to recently win funding from UW2020, an initiative backed by the Wisconsin Alumni Research Foundation to provide resources for innovative academic research.According to Jeremy Morris, the communications professor who launched PodcastRE, the project is saving cultural artifacts that are at risk of being lost. Unlike film reels or canvas paintings, podcasts are not vulnerable to decay, fire, humidity or mold. The threat they face is simply getting deleted from a server.

In Logistics Health founder Don Weber, military veterans have an entrepreneurial model

Wisconsin State Journal

Noted: His remarks came at the first in a series of Muster Across Wisconsin events produced by Bunker Labs Wisconsin in concert with the UW Small Business Development Centers and the Wisconsin Technology Council. In addition to Weber’s talk, the La Crosse event featured seminars on the basics of building a business, finding the right resources and attracting capital. Future Muster Across Wisconsin events will follow similar outlines.

“Pokemon Go” Players May Be Happier, Friendlier, & More Physically Active Than Those Who Aren’t Catchin’ ‘Em All

Bustle

If you spent a significant portion of last summer knocking into lampposts in pursuit of a wiley Bulbasaur, cursing wildly because you walked five miles to hatch an egg that turned out to be a dingy-old Pidgey, or patiently explaining to your parents that you are indeed a single 25-year-old playing a video game on her phone and yes, you do believe this is time well-spent, I have good news for you. This week, researchers from the University of Wisconsin-Madison released a study which suggests “Pokemon Go” players are happier, friendlier, and more physically active than their non-”Pokemon Go” playing peers (or, Poke-muggles, as I have been repeatedly asked to stop calling them).

MBA News: Are American B-Schools Best in the World?

Beat the GMAT

Noted: Anne P. Massey, the new dean at the University of Wisconsin School of Business, is particularly interested in encouraging more women to enter traditionally male dominated industries like tech, science, engineering, and math. It’s an issue she about which she speaks from personal experience: “I’m proud of the fact that we can get young women to do these things … I still have the fondest memory of a female math professor at RPI who made me realize that [women] can do whatever we want.” (The Badger Herald)

Where Consumer Goods Firms Get Their MBAs

Poets and Quants

The Midwest is the best — at least when it comes to cracking the job market in consumer packaged goods. Eight of the top nine business schools for sending newly graduated MBAs into the CPG industry in 2016 are based in the region, from public stalwarts like the University of Minnesota to the private halls of Notre Dame University in South Bend, Indiana. Leading them all: Wisconsin School of Business, which sent 27% of its Class of 2016 to the likes of General Mills and PepsiCo.

Students pitch ideas in UW-L small business competition

La Crosse Tribune

Noted: This isn’t the only accolade for the five-member student team, which will be competing at the Wisconsin Big Idea Tournament on Saturday, Apr. 22 in Madison. The first place winner will receive a $2,000 cash prize, a free one-hour consultation with the Law & Entrepreneurship Clinic at the UW Law School, up to $25,000 in funding, and paid travel to Silicon Valley and an opportunity to present at the International Business Model Competition in California.