Whether it’s new companies raising money, established firms moving to the next stage or investors reporting strong returns, there have been some solid harbingers for Wisconsin’s early stage economy in the past month or so.
Nordic is pleased to announce that it has completed a minority recapitalization with Silversmith Capital Partners and a group of banks led by current lender Square 1 Bank. By successfully raising this growth capital, Nordic reaffirms its position as the nation’s largest independent EHR/IT advisory consulting firm and positions itself as an industry leader well into the future.
The criminal justice system in our country is broken. Just imagine if technologists put their resources and knowledge toward solving some of our country’s biggest issues, instead of toward the next dating app. Today at South by South Lawn, the White House’s first-ever festival of art, ideas and action, I got a glimpse of what that world might look like.
Blockchain, smart contracts, and predictive analytics are among the financial service technologies reshaping the ways transactions are conducted and customers are served. With a rash of startups threatening to disrupt legacy operations, organizations of all sizes are turning to the latest technologies to improve their offeri
Like most VCs, we often review dozens of deals each week. We have developed a funnel that enables us to quickly eliminate those that do not fit our general investment criteria (e.g. industry, stage, model).
Like so many bright, young entrepreneurs these days, Isaac Choi arrived here last year, set up shop and promised employees that he would lead them to the Silicon Valley dream.
That dream is turning out mostly to be a mirage.
Maybe you’ve noticed an uptick in the number of people walking around your city or town while staring at their phones. Well, Niantic CEO John Hanke is sorry about that and is looking forward to a time where that is less common.
The State of Michigan approved a $17 million loan to build a 311-acre facility for autonomous vehicle testing on Wednesday. The loan will be used to purchase unused land at Willow Run, which used to be owned by General Motors and was a Ford bomber plant in WWII.
It will be one of the largest facilities dedicated to autonomous vehicle testing. The American Center for Mobility (ACM), which will run the facility, plans to add faux houses, traffic lights, and other urban features to simulate real life events.
Ken Johnson, the veteran Wisconsin investor who is a partner in the Badger Fund of Funds, has held true to his vision from the start.
Even before the Badger Fund of Funds was officially seeded in 2014 with a $25-million investment from the state of Wisconsin, Johnson described the early stage fund as “money for minnows” to be led by young, regionally focused managers.
In time, Johnson predicted, those 30-something managers would be seasoned enough to raise second and third funds – boosting return on investment for everyone, including the communities in which the funds were rooted.
Social Capital and American Express Ventures backed Simplee, a startup that aims to facilitate medical bill payments, in its latest $20 million funding round.
Simplee says it works with over 900 hospitals and physicians and helps process “over $1 billion in annual payments” in the U.S.