Venture Investors announce $80m venture fund with a focus on Wisconsin early-stage spin-outs.
Venture Investors (VI), the oldest and largest venture capital (VC) firm in Wisconsin, has raised $80m in its fifth VC fund, falling short of its $150m target.
The fund will focus on investing in early-stage university spin-outs in Wisconsin and the surrounding areas. The fund has already made six investments, including University of Wisconsin-Madison (UWM) life sciences spin out Madison Vaccines.
VI has backed numerous university spin-outs in the past. Laser manufacturer and University of Michigan spin-out IntraLase,…