Wisconsin Economic Development Corporation
2352 S. Park Street., Suite 303, Madison, WI, 53713, United States
Overview
WEDC (Wisconsin Economic Development Corporation) is committed to creating business climates that allow businesses to flourish. More than 600 statewide partners, including regional economic development organizations, academic institutions, and industry groups, work together to enhance Wisconsin communities, support business development, advance industry innovation, tap global markets, and develop a skilled workforce.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Brand Marketing
- Business Development
- Consulting
Investment portfolio
- Cultured Decadence
Participated · Seed · May 2021
Cultured Decadence develops cell-cultured seafood products made from the cells of shellfish without shells or organs, targeting lobster and other shellfish. The company is developing cell-cultured lobster meat prototypes and plans a commercial launch after further development. It will use recent funding to expand its team and accelerate product development. Leadership includes John Pattison (CEO) and Ian Johnson (CSO). The company's technology can be applied across the $160 billion seafood market, including lobster, crab, shrimp, and scallops. It has also received non-dilutive support administered by the Center for Technology Commercialization from the Wisconsin Economic Development Corporation.
- Motivo
Participated · Series A · Jun 2018
Motivo develops mobility products designed for people’s lives rather than just their medical conditions; its flagship product is the 2018 Motivo Tour® walker. The Tour® is engineered to reduce back and neck pressure by up to 60% by allowing users to walk naturally inside and upright instead of walking behind and hunched over a fixed-seat rolling walker, while offering convenience features and a modern design. Motivo reports a broad patent portfolio independently valued at approximately $22.5M and completed nearly four years of research and hundreds of hours of user testing. The company plans to scale new in-house manufacturing capabilities, purchase new equipment, hire additional employees, and execute a national launch and advertising campaign for the 2018 Tour®. Motivo is headquartered in New Berlin, Wisconsin, and was founded by product-designer co-founders with over 40 years of combined experience. The company cites a market backdrop of a projected $7.55 billion global personal mobility devices market by 2022 and growing demand from an aging population.
- SOLOMO Technology
Participated · Series A · May 2013
SOLOMO Technology offers the SOLOMO Exchange™ platform, which connects to retailers’ branded mobile applications to enable the exchange of individual customer data in return for value. The platform lets retailers offer products, services, special offers, or leverage loyalty programs to trade virtual currency for customer data. Customers retain ownership of the data they store on the platform and can update or revoke it, giving them control over their personal information. One service, SOLOMO Geo™, provides WiFi-based anonymous indoor location analytics and opt-in localized customer engagement capabilities to help retailers engage customers in-store and better understand behavior. The company works with clients across specialty retail, convenience, malls and airlines. Led by CEO Liz Eversoll, SOLOMO plans to use new funding to accelerate product development and expand sales and marketing activities.
Team
No current team members are available.