According to a recent press release, TitletownTech, a venture capital firm formed out of a partnership between the Green Bay Packers and Microsoft, has successfully closed its second fund of $70 million from 27 new and existing investors, including the Green Bay Packers and Microsoft. Launched in 2019, TitletownTech now has $95 million in assets under management.
TitletownTech’s combined Fund I and Fund II corporate investor base highlights expertise across individual domains and TitletownTech’s industries of investment in areas core to the Midwest: sports, media, and entertainment; health and wellness; agriculture, water, and environment; manufacturing and construction; supply chain and logistics; and cross-industry technologies. The firm’s corporate investors offer TitletownTech portfolio companies unique opportunities for market feedback, potential pilots, and partnerships.
The firm engages corporate investors, in-residence partners, industry advisors, higher education, and a dedicated core team to support startup founders and their teams.
TitletownTech invests in early-stage companies like Synthetaic, a Wisconsin-based startup building AI that can create computer vision models without the need for human-labeled datasets. It is also invested in Demiplane, a company born inside its walls, that created the de facto toolset for tabletop role-playing games for well-known brands like Pathfinder, Paizo, Marvel, and Nickelodeon; Fork Farms, whose product, the Flex Farm, is the most efficient hydroponic farming system; and StatusPRO, a sports technology company that developed the first major league-licensed VR title, NFL PRO ERA.
The firm has invested in more than 30 companies, with three relocating to Green Bay and several working in residence at TitletownTech. Notably, the majority of its Fund I portfolio companies are led by first-time founders, and more than 50% have gone on to raise additional capital. The current portfolio is comprised of startups from across the country, with the majority based in Wisconsin and the Midwest.
TitletownTech is already deploying capital from its second fund and is actively reviewing investment opportunities. Additional information is available online.
