Wisconsinâ€™s new $30 million venture capital fund, 4490 Ventures, has officially launched, with San Francisco Bay Area VC investor Greg Robinson to lead the fund. 4490 Ventures, which focuses on information technology startups, was announced nearly a year ago by the State of Wisconsin Investment Board (SWIB) and the Wisconsin Alumni Research Foundation (WARF). With Robinson on board, the fund is now officially able to begin making investments.
Robinson was previously one of two partners atÂ Peninsula Ventures, an early-stage VC firm in California. As the leader of the 4490 Venture fund, RobinsonÂ will, according to a press release, â€œidentify investment themes, source new investment opportunities, serve on boards of new investments he leads, and act as a mentor and advisor to young start-up companies”.