The fund will be managed by 4490 Ventures, a reference to the 44 N latitude and 90 W longitude lines that approximate the centre of the Wisconsin state.
The Wisconsin Alumni Research Foundation (Warf), a US-based institution set up by scientists at the University of Wisconsin in the 1920s, has committed $15m to a $30m venture capital fund.
The fund will be managed by 4490 Ventures, a reference to the 44 N latitude and 90 W longitude lines that approximate the centre of the Wisconsin state.
The fund is also being backed by the State of Wisconsin Investment Board and will invest in information technology start-ups.
Warf started…
