The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are launching a $30m early-stage venture capital fund.
Capitalized jointly by SWIB and WARF, 4490 Ventures will focus on information technology funding early-stage companies primarily in Wisconsin. Investments will range from $500k to $2m.
The technologies involved might include, but not be limited to, data management, informatics, data storage, social grid computing, hardware, new materials, software, mobile technology security and health care information technology, such as the operating systems for medical devices or patient record keeping.
FinSMEs
21/03/2013