TitletownTech Venture Fund adds 12 limited partners

Posted on Oct 18, 2019 :: Insight on Business, Web Exclusive
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Posted by of Insight Publications

Twelve new limited partners joined the the TitletownTech Venture Fund, bringing the fund’s total to $25 million.

Joining the fund’s two founding partners – the Green Bay Packers and Microsoft – are AmeriLux International, R.W. Baird, Cornerstone Foundation of Northeastern Wisconsin, Dickman Ventures, Green Bay Packaging, N.E.W. Venture Foundry, Plexus Corp., Schreiber, Schneider, Sartori Cheese, The Village Companies and Weyers Investments.

All of the new limited partners are based in Wisconsin. They join Delaware North, the New York Mets and Sterling Project Development, who joined the fund as limited partners earlier this year.

The venture fund will support investment in high-growth startups aligned with industries in Northeast Wisconsin that will bring opportunity to the region.

“Greater Green Bay businesses and institutions have a rich tradition of supporting the local community,” Packers President and CEO Mark Murphy said in a statement.

Located just west of Lambeau Field, TitletownTech opened earlier this year and includes an innovation lab for entrepreneurs to vet new ideas, a venture studio to build start-ups and venture fund.

“The Fox River Valley is steeped in a history of innovation and entrepreneurialism – a spirit you see alive today at TitletownTech,” said Microsoft President Brad Smith. “This unique and exciting partnership is helping new and existing businesses accelerate a wave of Wisconsin-born innovation, providing a new model of economic development for other parts of the country.”