An alternative asset management firm that set up shop in Madison two years ago has made its first capital investments in Wisconsin. Peak Ridge Capital Group has committed funds to Frozen Codebase of Green Bay and Broadjam, Inc. of Madison, and has lured Rapid Diagnostek...
http://www.jsonline.com/watch/?watch=20&date=9/2/2008&id=45551 ...
Alternative asset management firm Peak Ridge Capital is pleased to announce that its Midwest early-stage venture capital fund has successfully closed on three investments this year. Two of the fund's investments, video game developer Frozen Codebase and online music provider Broadjam.com, have been based in Wisconsin...
Fair or not, if you are an entrepreneur here in Wisconsin the implications of being in flyover country are serious. You face a number of funding and execution challenges your Silicon Valley and Corridor counterparts are generally spared. Let's explore some of those...
Caden Biosciences, which relocated to Madison amid great fanfare and after securing nearly $6 million in venture capital from Illinois and Wisconsin investors, has closed its doors. Caden had been developing a tool to help researchers screen for additional drug targets, but company officials and...
Baird Venture Partners has closed on a $170 million fund, surpassing its $150 million target for investment in early-stage business services and life sciences companies. The company has already used the new fund to make investments in various industry sub-sectors, but it has focused much...
Kelly Fitzsimmons admitted something that she probably wouldn’t have said to her company’s investors. Fitzsimmons, co-founder and CEO of the Wisconsin-based Comic Wonder, a web site dedicated to the fine art of joke telling, sheepishly confessed that she’s a rotten joke teller. Fortunately, she’s a...
If nothing else, give the State of Wisconsin Investment Board credit for good timing. The $87-billion pension fund, one of the nation’s largest, announced Monday it will invest $25 million in a venture capital fund managed by Baird Venture Partners and another $15 million in...
In 2001, the SBA took the position that a company in which venture capital firm(s) own more than 49% cannot qualify for SBIR/STTR grants. A bill that will likely be approved by Congress and put before the President could have a significant impact on many...
A compromise bill up for a Senate vote in September – and now unanimously approved in committee – would allow business that are majority-owned by venture capitalists to receive Small Business Innovation Research (SBIR) grants....