Banking & Finance

Wisconsin venture capital funding crossed $500 million in 2021

Wisconsin companies raised more than $520 million in venture capital, a 72% increase in a year when U.S.-venture backed companies nearly doubled the amount they raised to $329.9 billion, according to a new report from PitchBook and the National Venture Capital Association.
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Fox Point man faces federal charges for allegedly using investor money for cars, operating restaurant

A Fox Point man facing federal charges is being accused of defrauding investors of more than $5.5 million through two separate investment schemes, including allegedly using the money for “Ponzi-like payments to prior investors and to fund his own lifestyle.”

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