Breakthrough Year in 2021 for Venture Capital--Capital Midwest Fund Portfolio Companies Raise Over $160 Million
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MILWAUKEE, Jan. 20, 2022 /PRNewswire/ -- Capital Midwest Fund (CMF), a Milwaukee-based venture capital firm, today announced that its portfolio companies participated in the venture capital industry's record-setting year in 2021 by raising over $160 million in follow-on funding rounds (including undisclosed funding rounds).

The venture capital industry was nothing short of spectacular in 2021. Last week, the National Venture Capital Association (NVCA) reported that venture capital-backed companies raised approximately $330 billion, nearly doubling 2020's previous deal high, according to the PitchBook-NVCA Venture Monitor.

Leading the charge for CMF portfolio companies was Hologram with its $65 million Series B funding round in August led by Tiger Global.

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These were some of the other highlights for CMF portfolio companies in 2021:
About Capital Midwest Fund

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Capital Midwest Fund is a venture capital firm investing in revenue-stage companies that provide customer-centric, problem-solving, business-to-business technology solutions, including software, services, and products. CMF focuses on companies where management: (1) has a fundamental understanding of trending technology themes; (2) has applied that understanding in a practical way to solve specific customer problems; and (3) has shown traction in garnering market acceptance.

https://www.capitalmidwest.com

Contact:
Julia Wilson
Capital Midwest Fund
[email protected] (https://www.prnewswire.com/cdn-cgi/l/email-protection#fc968b95908f9392bc9f9d8c95889d909195988b998f88d29f9391)

SOURCE Capital Midwest Fund
Filed Under: Business

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