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Investment.
Investment in Wisconsin startups slowed in 2023, but industry watchers called that a return to normal after a pandemic boom.
Last year, Wisconsin startups raised at least $490 million, down from $640 million in 2022 and the record-high $868 million in 2021, according to the Wisconsin Technology Council’s Portfolio-2024-WEB-Final.pdf” target=”_blank” rel=”noreferrer noopener”>Wisconsin Portfolio report, which tracks investment in early-stage companies.
Joe Kremer, director of the Tech Council Investor Networks, said startup investment 2021 and 2022 were outliers in Wisconsin and nationally.
“Everyone saw this huge bump during COVID,” he said. “Now we’re kind of coming down from that sugar high that we had, and we’re really…
