Investment down in Wisconsin startups this year; state struggles to keep momentum of record-breaking 2021


Investment down in Wisconsin startups this year; state struggles to keep momentum of record-breaking 2021


Wisconsin Tech Council says final months of 2023 could see uptick in investment

After a record-breaking year for startup investment in 2021, Wisconsin has struggled to keep that momentum going in 2022 and 2023.

Investment in early-stage companies was down last year, but still higher than pre-pandemic levels, according to an annual report from the Wisconsin Tech Council. However, such investments so far this year have come in much lower.

This year, roughly $191 million in investment deals have been tracked so far, less than the $209 million tracked in all of 2015, according to Joe Kremer, director of the Wisconsin Tech Council Investor Networks program...


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- - Volume: 11 - WEEK: 40 Date: 10/3/2023 8:23:03 PM -