Mastercraft Ventures announced the launch of a new Wisconsin venture capital fund, Mastercraft Ventures Fund I LP. Based in Beloit, the fund seeks to generate investor return by investing in Wisconsin-based startup companies.
Mastercraft has received a $2.4 million dollar investment from the Badger Fund of Funds, its lead investor. Mastercraft is the sixth venture capital fund to have the Badger Fund of Funds as its lead investor.
Mason Cook will be the Mastercraft fund manager. Prior to starting Mastercraft, Cook served as president of the VC-funded software company, RealityBLU. He previously served as the managing director of a startup accelerator, supporting numerous startups with VC fundraising. Cook holds an undergraduate degree from Iowa State University and completed the Executive Education in Venture Capital and Private Equity program at Columbia University.
The Badger Fund of Funds has invested $25 million in venture capital funds throughout the state, including Madison, Milwaukee, Neenah, and La Crosse. Mastercraft Ventures will be the first Badger Fund investment based in Rock County.
Startup companies and other parties interested in learning more about Mastercraft Ventures can visit its website or contact Mason Cook.
