Advocate Aurora Health, Foxconn, Johnson Controls and Northwestern Mutual have each put $25m into a $100m venture capital fund.
Four corporates – Advocate Aurora Health, Foxconn, Johnson Controls and Northwestern Mutual – joined forces yesterday to launch the $100m Wisconn Valley Venture Fund aimed at healthcare, technology, manufacturing and financial services.
Healthcare provider Advocate Aurora Health, contract electronics manufacturer Foxconn, building materials supplier Johnson Controls and insurance company Northwestern Mutual each supplied $25m.
The vehicle will invest in early-stage startups both in the US and internationally, seeking out not only investment returns but also strategic benefits for the four…
