Investors from outside Wisconsin are finding worthy deals here
For years, Wisconsin could be described as a “flyover state” when it came to venture capital funds that historically clustered on America’s coasts. Why invest elsewhere if you could find all the talent and technology you needed in young companies a few blocks away?
It appears some of those investors have put Wisconsin on their flight plans … at least for a “fly-by.”
Ninety different venture capital funds from outside Wisconsin took part in 42 separate early stage deals in Wisconsin in 2021, easily a record for that class of investor interest outside the state’s borders.