New Capital Fund

Founded in 2006, New Capital Fund is a venture capital firm based in Little Chute, Wisconsin. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. The firm seeks to invest in business products, business services, materials, resources, healthcare, information technology, advanced manufacturing, life sciences, and TMT sectors in Iowa, Illinois, Indiana, Michigan, Minnesota, and Wisconsin.

Robert DeBruin

Managing Director and Board Member

David Gitter

Managing Director and Board Member

Steve Predayna

Managing Director and Board Member

31 past transactions

Invenra

Venture Round in 2017
Invenra Inc. is a biopharmaceutical company specializing in the discovery of biologics, particularly antibodies and their derivatives. Founded in 2011 and located in Madison, Wisconsin, Invenra utilizes a proprietary technology that integrates cell-free expression of full-length antibodies with extreme miniaturization. This innovative approach allows for the screening of a vast number of full-length antibodies in phenotypic assays, facilitating the identification of next-generation biologics. The company boasts a strong scientific foundation and a team of experts with extensive knowledge in genomics, biochemistry, and bioengineering, blending advanced basic research with practical commercial applications.

Simply Incredible Foods

Venture Round in 2017
Simply Incredible Foods, LLC is a company based in Port Edwards, Wisconsin, specializing in the production and supply of cranberry ingredients. Established in 2008, the company processes millions of pounds of cranberries to offer a variety of products, including cranberry juice for wineries and natural juice companies, as well as whole and sliced cranberries packaged in totes and cartons for the food service and manufacturing sectors. Simply Incredible Foods focuses on creating innovative and patented cranberry-based ingredients for retail, food service, and industrial applications, ensuring high-quality products for a diverse customer base. The company operates within the heart of cranberry production, emphasizing both traditional and innovative uses of this versatile fruit.

Swallow Solutions

Debt Financing in 2016
Swallow Solutions is dedicated to individuals suffering from swallowing disorders, generally known as dysphagia. It focus on two areas related to dysphagia – therapeutic devices for diagnosing and treating swallowing disorders and nutritional food products tailored to the patient’s diagnosed level of swallowing difficulty.

Invenra

Venture Round in 2016
Invenra Inc. is a biopharmaceutical company specializing in the discovery of biologics, particularly antibodies and their derivatives. Founded in 2011 and located in Madison, Wisconsin, Invenra utilizes a proprietary technology that integrates cell-free expression of full-length antibodies with extreme miniaturization. This innovative approach allows for the screening of a vast number of full-length antibodies in phenotypic assays, facilitating the identification of next-generation biologics. The company boasts a strong scientific foundation and a team of experts with extensive knowledge in genomics, biochemistry, and bioengineering, blending advanced basic research with practical commercial applications.

Invenra

Venture Round in 2016
Invenra Inc. is a biopharmaceutical company specializing in the discovery of biologics, particularly antibodies and their derivatives. Founded in 2011 and located in Madison, Wisconsin, Invenra utilizes a proprietary technology that integrates cell-free expression of full-length antibodies with extreme miniaturization. This innovative approach allows for the screening of a vast number of full-length antibodies in phenotypic assays, facilitating the identification of next-generation biologics. The company boasts a strong scientific foundation and a team of experts with extensive knowledge in genomics, biochemistry, and bioengineering, blending advanced basic research with practical commercial applications.

Magma Flooring

Seed Round in 2016
Magma Flooring LLC provides plastic sheeting materials for flooring, plastic printed graphic media, and industrial plastic sheeting applications. The company offers sustainable flooring made from recycled plastic and natural fillers. Its products include luxury vinyl tile cores and directly printed and bondable tiles. The company was founded in 2012 and is based in River Falls, Wisconsin.

Simply Incredible Foods

Venture Round in 2016
Simply Incredible Foods, LLC is a company based in Port Edwards, Wisconsin, specializing in the production and supply of cranberry ingredients. Established in 2008, the company processes millions of pounds of cranberries to offer a variety of products, including cranberry juice for wineries and natural juice companies, as well as whole and sliced cranberries packaged in totes and cartons for the food service and manufacturing sectors. Simply Incredible Foods focuses on creating innovative and patented cranberry-based ingredients for retail, food service, and industrial applications, ensuring high-quality products for a diverse customer base. The company operates within the heart of cranberry production, emphasizing both traditional and innovative uses of this versatile fruit.

Magma Flooring

Seed Round in 2016
Magma Flooring LLC provides plastic sheeting materials for flooring, plastic printed graphic media, and industrial plastic sheeting applications. The company offers sustainable flooring made from recycled plastic and natural fillers. Its products include luxury vinyl tile cores and directly printed and bondable tiles. The company was founded in 2012 and is based in River Falls, Wisconsin.

Swallow Solutions

Venture Round in 2015
Swallow Solutions is dedicated to individuals suffering from swallowing disorders, generally known as dysphagia. It focus on two areas related to dysphagia – therapeutic devices for diagnosing and treating swallowing disorders and nutritional food products tailored to the patient’s diagnosed level of swallowing difficulty.

Phoenix

Debt Financing in 2015
Phoenix, LLC specializes in designing and manufacturing advanced nuclear and particle accelerator technologies, with a focus on high-yield neutron generators. These generators serve diverse applications, including neutron radiography, cargo screening, explosives detection, special nuclear material detection, and medical isotope production. The company also produces compact neutron generators used for nuclear fuel scanning and fast neutron radiography. Founded in 2005 and located in Madison, Wisconsin, Phoenix aims to commercialize nuclear technologies for practical uses across various sectors, including aerospace, defense, medical, and semiconductor industries. Additionally, the company is committed to its long-term vision of developing clean fusion energy solutions.

Silatronix

Funding Round in 2015
Silatronix, Inc. is a company based in Madison, Wisconsin, specializing in the development of organosilicon (OS) compounds and formulations for energy storage applications. Founded in 2007, the company focuses on creating organosilicon electrolytes used in both rechargeable and non-rechargeable lithium-ion batteries, as well as in ultracapacitors. Silatronix combines expert knowledge in organosilicon chemistry with advancements in nanostructured electrodes and the electronic properties of materials, aimed at enhancing the performance and efficiency of energy storage devices. Its innovative products are integral to the evolving landscape of energy storage technology.

Phoenix

Venture Round in 2014
Phoenix, LLC specializes in designing and manufacturing advanced nuclear and particle accelerator technologies, with a focus on high-yield neutron generators. These generators serve diverse applications, including neutron radiography, cargo screening, explosives detection, special nuclear material detection, and medical isotope production. The company also produces compact neutron generators used for nuclear fuel scanning and fast neutron radiography. Founded in 2005 and located in Madison, Wisconsin, Phoenix aims to commercialize nuclear technologies for practical uses across various sectors, including aerospace, defense, medical, and semiconductor industries. Additionally, the company is committed to its long-term vision of developing clean fusion energy solutions.

Hopster

Venture Round in 2014
Hopster is a digital platform designed to enhance the relationship between consumer packaged goods (CPG) brands and their customers. It enables CPG brands to convert traditional coupon usage into meaningful engagement and loyalty by offering targeted and personalized promotions. Through its flagship site, Hopster.com, users can access customized coupon offers and engaging branded content in an interactive environment. The platform also facilitates the connection between digital advertising and in-store sales, while capturing household-level buying data to inform marketing strategies. By providing CPG brands with tools to manage and strengthen their direct relationships with shoppers, Hopster aims to drive customer loyalty, encourage trial of new products, and support cross-selling initiatives.

MyAlerts

Debt Financing in 2014
MyAlerts (formerly TrackIf) is a Customer Engagement Platform that allows site users to subscribe to personal alerts on nearly any page of their website based on changes or trigger events that they want. This provides customer-driven marketing that performs 5x to 10x better than mass marketing online. They work with some of the top retailers, travel, classifieds, and news sites to help drive their users back 5x to 10x more by letting them self-personalize the updates they want on their sites, such as price alerts, new item alerts, product availability alerts, review alerts, customer support alerts, and more. Instead of investing millions into personalization technology, MyAlerts is a cloud-based solution that let's sites turn on user-personalized alerting nearly instantly with dramatic results. Similar to how DVR's changed TV viewing by allowing users to "tune in" to what they want, when they want, MyAlerts allows your users to do the same thing which drives 100% relevant updates to them which will increase repeat visits and give you visibility to your users demand and future purchase intent.

Magma Flooring

Seed Round in 2014
Magma Flooring LLC provides plastic sheeting materials for flooring, plastic printed graphic media, and industrial plastic sheeting applications. The company offers sustainable flooring made from recycled plastic and natural fillers. Its products include luxury vinyl tile cores and directly printed and bondable tiles. The company was founded in 2012 and is based in River Falls, Wisconsin.

Hopster

Venture Round in 2014
Hopster is a digital platform designed to enhance the relationship between consumer packaged goods (CPG) brands and their customers. It enables CPG brands to convert traditional coupon usage into meaningful engagement and loyalty by offering targeted and personalized promotions. Through its flagship site, Hopster.com, users can access customized coupon offers and engaging branded content in an interactive environment. The platform also facilitates the connection between digital advertising and in-store sales, while capturing household-level buying data to inform marketing strategies. By providing CPG brands with tools to manage and strengthen their direct relationships with shoppers, Hopster aims to drive customer loyalty, encourage trial of new products, and support cross-selling initiatives.

Swallow Solutions

Funding Round in 2013
Swallow Solutions is dedicated to individuals suffering from swallowing disorders, generally known as dysphagia. It focus on two areas related to dysphagia – therapeutic devices for diagnosing and treating swallowing disorders and nutritional food products tailored to the patient’s diagnosed level of swallowing difficulty.

Simply Incredible Foods

Seed Round in 2013
Simply Incredible Foods, LLC is a company based in Port Edwards, Wisconsin, specializing in the production and supply of cranberry ingredients. Established in 2008, the company processes millions of pounds of cranberries to offer a variety of products, including cranberry juice for wineries and natural juice companies, as well as whole and sliced cranberries packaged in totes and cartons for the food service and manufacturing sectors. Simply Incredible Foods focuses on creating innovative and patented cranberry-based ingredients for retail, food service, and industrial applications, ensuring high-quality products for a diverse customer base. The company operates within the heart of cranberry production, emphasizing both traditional and innovative uses of this versatile fruit.

Swallow Solutions

Series A in 2013
Swallow Solutions is dedicated to individuals suffering from swallowing disorders, generally known as dysphagia. It focus on two areas related to dysphagia – therapeutic devices for diagnosing and treating swallowing disorders and nutritional food products tailored to the patient’s diagnosed level of swallowing difficulty.

Invenra

Venture Round in 2013
Invenra Inc. is a biopharmaceutical company specializing in the discovery of biologics, particularly antibodies and their derivatives. Founded in 2011 and located in Madison, Wisconsin, Invenra utilizes a proprietary technology that integrates cell-free expression of full-length antibodies with extreme miniaturization. This innovative approach allows for the screening of a vast number of full-length antibodies in phenotypic assays, facilitating the identification of next-generation biologics. The company boasts a strong scientific foundation and a team of experts with extensive knowledge in genomics, biochemistry, and bioengineering, blending advanced basic research with practical commercial applications.

Xolve

Funding Round in 2012
Xolve, Inc., a nanomaterials company, produces and supplies graphene that is used to improve the properties of various industrial plastics for use in automotive, aerospace, electronics, and other applications. It offers graphene-loaded polymer master batches, pristine graphene nanoplatelets, and exfoliated graphene. Xolve, Inc. was formerly known as Graphene Solutions, Inc. and changed its name to Xolve, Inc. in September 2010. The company was founded in 2008 and is based in Middleton, Wisconsin. As of March 31, 2016, Xolve, Inc. operates as a subsidiary of Reliance Industries Limited.

Flex Biomedical

Venture Round in 2012
Flex Biomedical, Inc. is a biomedical company based in Madison, Wisconsin, founded in 2007. The company focuses on developing innovative treatments and diagnostics for orthopedic injuries and diseases. Its primary product, Flex Polymer, is a synthetic and injectable polymer specifically designed to address osteoarthritis, a chronic joint condition that impacts millions globally. By offering this treatment, Flex Biomedical aims to help patients maintain their mobility and reduce pain associated with this debilitating disease. The company markets its solutions through online retailers, making its products accessible to a broader audience.

Hopster

Venture Round in 2012
Hopster is a digital platform designed to enhance the relationship between consumer packaged goods (CPG) brands and their customers. It enables CPG brands to convert traditional coupon usage into meaningful engagement and loyalty by offering targeted and personalized promotions. Through its flagship site, Hopster.com, users can access customized coupon offers and engaging branded content in an interactive environment. The platform also facilitates the connection between digital advertising and in-store sales, while capturing household-level buying data to inform marketing strategies. By providing CPG brands with tools to manage and strengthen their direct relationships with shoppers, Hopster aims to drive customer loyalty, encourage trial of new products, and support cross-selling initiatives.

HuTerra

Seed Round in 2012
HuTerra, LLC is a social network platform that integrates gaming, social networking, and charitable giving to create engaging experiences for its members. Founded in 2012 and based in De Pere, Wisconsin, the platform allows users to earn TerraTokens through various activities like playing games, completing surveys, and making purchases. HuTerra focuses on building communities by facilitating free crowdfunding for nonprofits, businesses, and support services. Its innovative approach empowers consumers to support local nonprofits and businesses, providing them with new avenues for revenue generation and funding opportunities. Through this model, HuTerra enables schools and charitable organizations to advance their initiatives effectively.

Frozen Codebase

Angel Round in 2011
Frozen Codebase LLC is a video game studio located in Green Bay, Wisconsin, specializing in the design, programming, and licensing of video game software. Founded in 2006, the company develops software for popular gaming consoles including Xbox 360, PlayStation 3, and Nintendo Wii. It targets major game publishers, offering its products to prominent players in the video gaming industry.

Frozen Codebase

Venture Round in 2011
Frozen Codebase LLC is a video game studio located in Green Bay, Wisconsin, specializing in the design, programming, and licensing of video game software. Founded in 2006, the company develops software for popular gaming consoles including Xbox 360, PlayStation 3, and Nintendo Wii. It targets major game publishers, offering its products to prominent players in the video gaming industry.

Flex Biomedical

Venture Round in 2009
Flex Biomedical, Inc. is a biomedical company based in Madison, Wisconsin, founded in 2007. The company focuses on developing innovative treatments and diagnostics for orthopedic injuries and diseases. Its primary product, Flex Polymer, is a synthetic and injectable polymer specifically designed to address osteoarthritis, a chronic joint condition that impacts millions globally. By offering this treatment, Flex Biomedical aims to help patients maintain their mobility and reduce pain associated with this debilitating disease. The company markets its solutions through online retailers, making its products accessible to a broader audience.

TrafficCast

Series A in 2008
TrafficCast International, Inc. specializes in the development of technology and applications that utilize advanced digital traffic data to deliver real-time and predictive traffic information. Founded in 1999 and headquartered in Madison, Wisconsin, the company offers a range of products including DYNAFLOW, which provides travel time forecasting and road speed monitoring by analyzing GPS tracking data and other sources; BLUETOAD, a Bluetooth detection technology that assesses travel times and vehicle behavior; and TRAFFICCARMA, a crowdsourced mobile application that offers community-based route advice. TrafficCast's services cover over 220,000 miles of roadways, integrating multiple data sources to enhance navigation and traffic management for both consumers and public agencies. The company also maintains additional offices in major cities across the United States and in Shanghai, China.

Ro-Flo Compressor

Venture Round in 2007
Ro-Flo Compressors provides sliding vane compressors for handling heavy, dirty, and corrosive gases. That product includes low pressure models, high pressure models, and vacuum pumps. They also provide gas compression and product testing services.

Renovar

Series B in 2006
Renovar engages in the discovery and development of diagnostic tests based on a portfolio of protein biomarkers for kidney disease and transplant monitoring. It provides a portfolio of protein biomarkers that indicate kidney injury using its urinary immunoassay platform; and CFSE Flow Kit that is used for tracking eight generations of cell proliferation in-vivo and in-vitro for mouse and human cells by flow cytometry. The company also offers custom assays and study services to support research activities, including biomarker selection and assay panel development, study design, data analysis, and samples testing. Renovar, Inc. was founded in 1999 and is headquartered in Appleton, Wisconsin.

Frozen Codebase

Angel Round in 2006
Frozen Codebase LLC is a video game studio located in Green Bay, Wisconsin, specializing in the design, programming, and licensing of video game software. Founded in 2006, the company develops software for popular gaming consoles including Xbox 360, PlayStation 3, and Nintendo Wii. It targets major game publishers, offering its products to prominent players in the video gaming industry.
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