Earlier this month, MoneyTree released its quarterly venture capital report, and the news was overwhelmingly positive. VCs invested almost $13 billion in 1,114 U.S. startups during the second quarter, which is the highest level of VC funding in 13 years.
That included a strong showing by the Midwest, which isn’t known for its VC investing. Michigan had a banner quarter for VC activity, with $121 million invested in 11 deals. During the same time period, Wisconsin saw a relatively respectable (although not spectacular) $27.8 million invested in eight deals.
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