Milwaukee, Madison and Wisconsin
Ideawake, a Milwaukee based provider of cloud-based management software, announced this summer that it raised $780k in funding. The company’s most recent round of $780,000 (according to Pitchbook), in the second quarter, continues its strong fundraising efforts. Current funders include BrightStar Wisconsin, a state-wide funding source for funding early stage companies as a mechanism to…
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In May, Live Undiscovered Music, or LÜM received $750,000 in seed round funding. LÜM is a music streaming service that is based in Madison, Wisconsin. This platform is different than Spotify or Pandora because as the name suggests, it features music of artists who are undiscovered. LÜM’s steaming service is unique because its platform…
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Medical device company OnLume obtained $749,000 in its first round of venture funding on May 17, 2019 from an undisclosed source to further develop its platform. This spinoff company from the University of Wisconsin–Madison was previously financed via a $300K Phase I Small Business Innovation Research (SBIR) grant through the National Cancer Institute (NCI) at…
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1 Million Cups was developed in Kansas City, MO in 2012 by Co-Founders Cameron Cushman and Nate Olson who were working at the time on the Entrepreneurship Team at the Ewing Marion Kauffman Foundation. What began as an experiment to bring entrepreneurs in one city together over a cup of coffee towards a goal of…
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A small team of medical practitioners is bringing safety to sound in operating rooms. Canary Sound Design, a Lincoln-based company, is the creator of CanaryBox, a smart music solution for the OR that is designed to reduce or silence music at appropriate times based on certain signals from the patient. Canary Sound Design Founder…
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Online civics engagement start-up Polco closed a $1.7M round of equity funding on April 19, 2019. Though based in Madison, Wisconsin, Polco, short for Policy Confluence, Inc. was launched through the Bryan, Texas-based Seed Sumo accelerator in 2015. The company provides a communication platform that encourages community leaders to engage with the residents they serve…
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Drug discovery company, Nimble Therapeutics, Inc. based in Madison, Wisconsin secured $10 million in equity funding directed by San Francisco-based venture capital firm, Telegraph Hill Partners on April 30. Nimble Therapeutics spun out of Swiss-based F. Hoffman La Roche as an independent entity to facilitate the expansion of a unique chemical synthesis technology that Roche…
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Redox announced April 17 that it has closed a $33 million Series C funding round in a deal led by global investment firm Battery Ventures. Existing investors .406 Ventures, RRE Ventures, and Intermountain Ventures participated in the round. Crunchbase estimates that Redox has now raised approximately $50 million in venture investment. Redox, founded in…
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Milwaukee based startup SteamChain recently raised capital for a new concept called Machine-as-a-Service (“MaaS”). MaaS is a new idea of selling industrial machines based on performance metrics collected from the machine. Basically, MaaS is a combination of technologies that allow payments and contracts to be tied to the actual performance of a machine – rather…
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Bright Cellars has raised a new round of funding. Bright Cellars is a subscription wine club that prides itself on matching individual wine drinkers with wine that they will love. They do this by providing an online assessment that helps wine drinkers discover their own preferences in wine to ensure that their monthly subscription delivers…
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