Venture Capital

Alfalight, Inc., a University of Wisconsin-Madison spin-off developing high-power diode lasers, has received a research and development contract worth $4.5 million from the Army Research Laboratory in Adelphi, Md. The 12-month program will focus on the development of a high-power, high-brightness multimode diode laser source...

Madison-based drug discovery and development company Metagen Corp. closed a $535,000 seed investment round with the Marquette University Golden Angels Network, the investment group reported Wednesday....

Madison, Wis. - Madison Development Corp. (MDC) reported Wednesday that is has made $600,000 in new "Venture Debt" loans to three Madison technology companies since starting its new Venture Debt Fund this year, including one loan made earlier this month....

Madison, Wis. - Gov. Jim Doyle announced on Friday the Department of Commerce Technology Venture Fund would give $155,000 to QRG Biosciences, a Madison-based pharmaceutical company that also has operations in Richfield, Wis....