• Geography-Focus:
    • NVNG Fund I, LP is designed to invest into venture capital funds that are sourcing startup companies and new technologies applicable to our corporations here in Wisconsin.
      • Venture funds investing in companies applicable to our investor base and innovation coming out of Wisconsin communities, universities, and corporations.
    • NVNG does not require our venture funds to have a physical presence in Wisconsin but do expect them to engage with our investor base and local ecosystem throughout the life of their fund.
    • While we do not mandate invested capital to WI-based companies, NVNG will not invest into venture capital funds who do not have Wisconsin as a potential deal-flow engine for startup company investment.
  • Industry Alignment:
    • Given our industry alignment to Wisconsin and the broader Midwest market, we search for venture funds specialized within one or a few of the following sectors:
      • Life Sciences & Healthcare
      • Food & Beverage, Agriculture
      • Energy & Sustainability
      • DeepTech & Frontier Technologies
      • Generalist Enterprise Software, B2B Platforms
      • Consumer Goods & Packaging, Direct-to-Consumer
    • Track Record:
      • NVNG targets top-performing venture capital firms; those with proven track records of sourcing entrepreneurs and exiting their companies with financially positive results.
      • We recognize that many newer venture capital fund managers do not possess established track records. NVNG will entertain spin-out firms, what we call “emerging brands”, as well as new managers should they meet additional criteria listed above.
        • NVNG seeks institutional-quality managers and/or those with the intention to one day raise institutional capital. We look for well-built firms, not just one-off funds.

*You’ll note that the NVNG Fund I, LP portfolio is fairly diversified across these parameters. This is because we support a unique base of investors, many of whom are aligned within certain sectors and focused on specific technologies.