The Badger Fund is the lead investor in five venture capital funds managed by first time fund managers, located geographically across the State of Wisconsin. Four seed funds and one growth fund. All Badger funds are a mix of public/private capital and the Badger Fund GP committed $500K as an investor.
60% first $500K investment in a new WI Startup - Seed
40% follow on investments of $500K to ~$2MM - Growth