Portfolio
As of July 1, 2026 nine underlying Badger Funds have completed fund raising and are investing in startups. The three investment segments are listed below.
Next Generation First Time Funds
Next Generation Follow-on Funds
Existing Wisconsin Funds
WI Geographic Diversity
Fund Focus
The Badger Fund has made commitments to thirteen Wisconsin headquartered venture capital funds with four different investment focuses.
- Geography
- Idea Fund I & II
- Gateway Capital I & II
- Mastercraft I
- Winnebago Fund I
- Rock River Capital I
- Technology
- Clarevia VII
- Capital Midwest V
- WI University spinouts
- Winnow Fund I & II
- Strato Venture Capital I
- Series A Capital
- Badger Coinvest Fund I
