Wisconsin entrepreneurs raised at least $620M last year

Entrepreneurs in Wisconsin raised at least $620 million through 87 deals in 2022, according to preliminary figures gathered by the Wisconsin Technology Council.

While that falls short of 2021’s record high of nearly $869 million, it would still be the second highest annual investment total for the state. It exceeds 2020’s total of around $484 million, the Tech Council says.

The Tech Council is still collecting investment data from last year and the total for 2022 will likely climb even higher.

Additionally, the collective amount for the top 10 deals per year grew from about $330 million in 2020 to $580 million in 2021. That total is expected to be around $480 million for 2022.