March 26, 2013

State agencies to launch $30 million venture capital fund

The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are creating an early-stage venture capital fund focused on information technology. Called 4490 Ventures, a reference to the 44° N latitude and 90° W longitude lines that approximate the center of the state of Wisconsin, the $30 million fund will focus on early-stage companies primarily in Wisconsin.

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