As one of the startups selected for the Midwest Energy Research Consortium (M-WERC), Blue Line Battery will receive a $20,000 grant and an additional $20,000 investment at the end of the program. Blue Line Battery, based in Whitewater, engineers and manufactures industrial lithium ion battery systems for motive power and stationary energy storage.
Scanalytics raising $1 million round
Scanalytics, an affiliate of the Whitewater University Innovation Center, is working to raise $1 million in debt funding. The series A round will be used to fund Scanalytics growth into new applications. According to a new SEC filing, Scanalytics has already raised $533,000 from three investors.
Investors Extend More Than $550,000 to Veteran-Owned Startups at Veterans Business Battle
BrightStar Wisconsin invests $260,000 in two startups
BrightStar Wisconsin Foundation Inc. dedicated $260,000 in funding to two startups, Ideawake and ImageMoverMD. With their innovation capture software platform, Ideawake plans on using the $50,000 to hire additional employees and increase its marketing spend.
Classmunity Transforms School Fundraising with Help from Ideadvance
"Having a program like Ideadvance with its methodology, money, and mentors, is invaluable." With support from ideadvance, Classmunity transforms school fundraising.