“Inside Wisconsin, Spate of investment, exit news for Wisconsin companies is encouraging”

September 3, 2021

…What’s the common factor? For most of these deals, a combination of in-state and out-of-state investors or buyers has made the difference.

Wisconsin investors who have been a part of the mix include HealthX Ventures, Golden Angels Investors, Northwestern Mutual’s venture arm, the Wisconsin Alumni Research Foundation, the Winnow Fund, Idea Fund of La Crosse, Winnebago Seed Fund, WISC Partners and others. Read more at Watertown Daily Times

“WisBusiness: the Podcast” with Richelle Martin, managing director of the Winnow Fund

August 20, 2021

This week’s episode of “WisBusiness: the Podcast” is with Richelle Martin, managing director of the Winnow Fund.

Martin discusses some of the investing challenges posed by the pandemic, as well as the fund’s first investment in a Madison-based business called KaPloint. The company has a system for casinos to attract and retain customers, relying on customer data that casinos collect to boost engagement. Listen at WisBusiness the Podcast

“Wauwatosa startup raises $600,000 to manufacture, launch wearable medical device”

By Brandon Anderegg | August 20, 2021

UW-Milwaukee Ph.D. student Lindsey Roddy is developing a new product to organize the web of medical lines, cords and tubes by the bedsides of hospital patients. Nurses often turn to makeshift solutions, like using tongue depressors and medicine cups taped to the bed.

Wauwatosa-based medical device manufacturer RoddyMedical Inc. raised $600,000 to finance the production and launch of the startup’s first wearable medical device. Read more at BizTimes

Winnow Fund Invests in RoddyMedical, Inc.

Fund’s second investment continues its focus on Wisconsin-based innovators

August 20, 2021 | Read Winnow Fund news release

“Winnow Fund makes inaugural investment in Wisconsin-based startup”

By Brandon Anderegg | August 3, 2021

The Winnow Fund, a venture capital fund led by Richelle Martin, made its first investment in KaPloint Inc., a Middleton-based entertainment and marketing startup.

KaPloint collects and gamifies real-time slot machine data from partner casinos to increase customer acquisition, engagement and loyalty through app-based interactions. The startup has already established a partnership with a Wisconsin-based casino for pilot testing. Read more at BizTimes

Winnow Fund Makes First Investment

KaPloint, Inc. is Developing a Novel Mobile Player Platform

August 3, 2021 | Read Winnow Fund news release

“Badger Fund of Funds identifies seventh and final fund manager”

By Molly Dill | March 14, 2019

Wisconsin’s state-backed venture capital program, the Badger Fund of Funds, has identified its sixth and seventh fund managers and extended them contingent commitments to launch its final funds, according to a new report filed with the State of Wisconsin.

Santa Fe, New Mexico-based Sun Mountain Capital, which is partnering with Stoughton-based Kegonsa Capital Partners LLC to manage the Badger Fund of Funds, planned to have all of its six to eight regional funds established by the end of 2018. This new report details the progress of the BFOF as of the end of 2018. Read more at BizTimes

“Lack of women in entrepreneurship hurts businesses, start-ups, panel of female entrepreneurs say”

By Maddy Phillips | March 7, 2019

Imposter syndrome plays a huge role in discouraging women from the field and making them feel as though they don’t belong, Richelle Martin, managing director of the Madison venture capital fund Winnow Fund, said.

But everything is new in this field, Martin said, and women should be encouraged to be fearless and explore the opportunities in front of them. Read more at The Badger Herald

“New fund managers join Badger Fund of Funds”

June 20, 2018

At the recent Wisconsin Entrepreneurs’ Conference, the Badger Fund of Funds announced its new fund managers during the morning plenary panel, “The Badger Fund of Funds Breaks Out.” The audience also had the opportunity to learn how the Badger Fund of Funds operates and heard firsthand from the fund managers. Read more at WEDC’s In Wisconsin