Badger Fund Plants Another Seed to Grow Wisconsin’s Startup Ecosystem

The Badger Fund is committing capital to another start up.

Madison, WI, May 02, 2018 --(PR.com)-- They're out to “startup” Wisconsin. For the fourth time in the
last two years, the Badger Fund of Funds I, L.P. has made an anchor investment commitment to a new
Wisconsin venture capital fund. The Badger Fund has committed to invest up to six million dollars into
Milwaukee-based Bold Coast Capital Fund I, L.P., a new venture capital fund managed by experienced
investor Ross Leinweber. A UW-Madison Business School graduate, Mr. Leinweber co-managed
Chicago proprietary derivatives firm Lake Shore Trading before moving back home in 2013 to manage
his investment firm, Cedar Road Capital, and mentor local entrepreneurs.

“Ross' relationships and knowledge of both the Milwaukee and Chicago communities will be an
advantage to the fund - we were delighted when Ross made both a career and financial commitment in the
Milwaukee area,” said Badger Fund partner Ken Johnson.

The Bold Coast team is supported by an investment committee consisting of high calibre Wisconsin and
Chicago based entrepreneurs, investors, and business professionals. The Bold Coast Fund is well
positioned to support Milwaukee's prime startup constituents: University of Wisconsin - Milwaukee,
Medical College of Wisconsin, first class corporations, a loyal community, and a supportive government.

The Badger Fund dedicates significant amounts of time and resources to strategically evaluate and
develop local venture fund managers. “The culture and the people are equally important as is a deep
knowledge of the startup industry,” explains Badger's Brian Birk, Badger Fund partner and managing
partner of Sun Mountain Capital, LLC.

In the last year, two Badger portfolio funds, the Idea Fund of La Crosse and the Winnebago Seed Fund in
the Fox Valley, have announced investments in Wisconsin start-ups. “We expect that the Bold Coast
Fund will have similar startup opportunities in Milwaukee and the surrounding area,” said Johnson.

About the Badger Fund of Funds

The Badger Fund of Funds I, L.P. was formed in 2015 to invest in Wisconsin-based venture capital funds.
Kegonsa Capital Partners and Sun Mountain Capital have partnered to create a platform to manage
Wisconsin-based Fund of Funds investment programs. The State of Wisconsin, individuals, institutions
and the Badger Fund of Funds general partners have invested over $30 million to date.

www.badgerfundoffunds.com

About Sun Mountain Capital

Based in Santa Fe, New Mexico, Sun Mountain Capital, L.L.C. is a diversified private equity firm with
investment strategies in both fund of funds and direct investment programs spanning venture capital,
mezzanine debt and growth equity.

Page 1/3
PR.com Press Release Distribution Terms of Use
www.sunmountaincapital.com

About Kegonsa Capital Partners

Founded in 2004, Kegonsa Capital Partners manages the Kegonsa Seed Fund I, LP, and Kegonsa
Co-invest Fund, LLC. Both funds are based in Wisconsin with a focus on seed and early stage
investments in Wisconsin-based startup companies.

www.kegonsapartners.com

About Bold Coast Capital

Bold Coast Capital is a seed and early stage venture capital firm based in Milwaukee, Wisconsin that
provides financial and business resources to startup and emerging innovation companies. The firm will
have a geographic focus in Wisconsin, actively recruit Chicago startups, and look to invest and partner
across a broad spectrum of industries.

www.boldcoastcapital.com

Page 2/3
PR.com Press Release Distribution Terms of Use
Contact Information:
Badger Fund
Oryna Schiffman
312-402-2175
Contact via Email

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/752536

Page 3/3
PR.com Press Release Distribution Terms of Use