Venture Capital

The Wisconsin Department of Commerce has announced a $50,000 technology venture fund grant and a $50,000 technology matching grant to NovaScan and Platypus Technologies, respectively. The funds will be used to develop medical imaging technology and West Nile Virus antibody detection technology....

Jason Smith, a Wisconsin native educated at UW-Madison, is leveraging his East Coast venture capital connections to finance high-tech innovators in the Midwest. Smith, the director of Avolte Venture Fund Midwest, plans to finance companies in the make-or-break growth stage....

Seven more companies, most of them start ups, have been qualified by the state Department of Commerce for the state's Angel Investor and Venture Fund Tax Credit programs. Under the programs, people who invest in these companies are eligible for state tax credits. ...

Tommy Thompson, two days after launching a presidential bid, is positioning himself as the "idea candidate" of the 2008 presidential race. At the recent Wisconsin Biotechnology and Medical Device Association annual conference, he outlined a few suggestions to speed the pace of electronic health record...

The new products and solutions of 67 companies were on display during the recent DEMOfall 2006 event, raising the bar for the Winter 2007 conference. In this brief edition of DEMO Letter, columnist Chris Shipley points readers to recaps of the event's media coverage, to...

Government research grants are a numbers game, but which states racked up the most impressive numbers in 2005? According to columnist Michael Rosen, the usual suspects - California, Massachusetts, and New York - remain atop the list, while companies in Wisconsin saw their share of...

Outspoken professors and unruly students capture many headlines, but some of the University of Wisconsin-Madison's most prominent graduates were reminded of what the university is doing in the areas of stem cell research, avian flu preparedness, and cyber security during a recent CEO summit of...

NimbleGen Systems, Inc., has improved its ability to sell microarray products to researchers worldwide by obtaining a non-exclusive, worldwide license to a number of patents held by Affymetrix, Inc. Affymetrix, which is based in Santa Clara, Calif., developed the first commercial microarray in 1994. ...

U.S. Trailmaps, Inc., a software developer for off-road mapping applications for snowmobilers, all terrain vehicle (ATV) users, hikers, campers, fishermen, and hunters, announced a deal with Kegonsa Capital Partners to develop interactive trails that are downloadable into global positioning system (GPS) units, personal computers and...

Prior to a United States Patent and Trademark Office decision to review its controversial stem cell patents, the Wisconsin Alumni Research Foundation predicted such a review would take place. Now, WARF says it will prove the validity of the three patents, which are being challenged...