Xolve and Hopster to receive state venture capital funding

WHEDA has selected two Middleton companies to receive venture capital funding from the State Small Business Credit Initiative. Xolve, which manufactures graphene, one of the strongest and most conductive materials in the world, secured $2 million in funding, while Hopster, a media platform company, was awarded $1.5 million. Financing was led by NEW Capital Fund, Wisconsin Investment Partners, and the WEDC.