Venture Capital

In announcing its financial results for the third quarter and nine-month periods that ended Sept. 30, 2007, the financially troubled Merge Healthcare said it would focus on cash preservation and the infusion of capital in the months ahead. ...

Life sciences venture capitalist Steve Burrill visited Madison last week for a lecture on the UW-Madison campus and advised local biotechnology executives to stop fretting about a lack of venture capital. Burrill, founder of the San Francisco-based Burrill & Co., said there is plenty of...

It may still pale in comparison to the dotcom investment boom, but venture capital deployment nationally reached a six-year high in 2007. The question remains, how will the slowing economy and the prospect for higher tax rates impact venture capital deployment in 2008 and beyond?...

Centrose, a Madison-based drug discovery company, has announced that it raised $1.3 million in funding from Pavek Investments, a Milwaukee firm known for real estate investments. The funding comes from a pool of about 25 investors cobbled together by the Glendale-based firm....

NeuWave Medical, a Madison-based medical device company, has landed $4.5 million in venture capital from Venture Investors and individual investors, and lured executive Laura King away from GE Healthcare. The early-stage company has developed a needle like probe to deliver microwave power and destroy tumors,...

BVP, a global private equity group affiliated with Robert W. Baird & Co., raised $300 million in Baird Capital Partners IV and €350 million with its affiliate, GB Deutschland Fund. The company deployed $240 million in 19 new or follow-on investments, and realized more than...

Gov. Jim Doyle isn't alone in seeing the wisdom of capital formation. People in both parties see merit in his ideas, but many worry about the cost, given the tight state budget, writes columnist Tom Still. In this edition of Inside Wisconsin, he urges those...

Midwestern healthcare start ups raised a record $1.2 billion in 2007, but Wisconsin did not fare well in comparison to states like Minnesota and Ohio. The Badger State raised $56.2 million in 12 deals, ranking ahead of only Kentucky and tied with the economically troubled...

Madison Development Corp. has announced a second round of funding for its Venture Debt Program, bringing the fund's total capital to $4.274 million. The fund was established to help technology businesses, and among its first-round borrowers were NeoClone, GenTel Biosciences, and Networked Insights....

Preliminary figures released earlier this week indicate that the State of Wisconsin Investment Board made 24.8 percent on its private equity investments in 2007, beating the board's benchmark of 19.1 percent. The small piece of that portfolio invested in Wisconsin funds made its mark thanks...