Number of Wisconsin early stage investments up 13% in 2015

But total dollars raised declines

The number of early stage investments increased by 13 percent in Wisconsin in 2015, according to a report released today by the Wisconsin Technology Council.

The report, “The Wisconsin Portfolio” counted 128 early stage companies having raised $209 million in 2015. The number of angel and venture investments increased, but the total funds raised decreased, from $346 million in 2014. The 2014 figure was boosted by one particularly large debt financing deal of $127.4 million in SHINE Medical Technologies that year, the report said.

This figure differs from a report released in March by the Wisconsin Economic Development Corp., which took a wider angle. The WEDC’s 2015 Wisconsin Deal Flow Snapshot counted 120 Wisconsin venture capital, angel/seed, grants and accelerator deals totaling $231.3 million last year.