Startup accelerator gener8tor, which has locations in Milwaukee and Madison, has raised a $2.2 million fund, according to an SEC filing.
The fund is administered by Madison-based gener8tor Fund II LLC and managed by Troy Vosseller, Joe Kirgues and Dan Armbrust.
The funds were raised beginning on Nov. 4, with outside investors contributing a minimum of $25,000. There have been 18 total investors in the offering.
Five new startups were chosen from among 450 applicants for the fifth gener8tor program in July. The 12-week program, which aims to train entrepreneurs leading high-tech business ventures, provided an initial $20,000 cash investment and each company received another $50,000 in follow-on investment from gener8tor and investment partners Angels on the Water and Wisconsin Investment Partners.
