Early-stage investments are increasing in Wisconsin, according to a report by the Wisconsin Technology Council.

According to a release, 137 companies raised investment capital last year, which is up seven percent from 2015. These companies raised more than $276 million, a 32 percent increase from the previous year.

“The number of early-stage companies reporting investments has nearly doubled since 2012,” Wisconsin Technology Council President Tom Still said in a statement. “It’s evidence that angel and venture investors are finding solid deal flow.”

Propeller Health ($21.5 million), SHINE Medical Technologies ($11.5 million) and EatStreet ($11 million) were among the largest deals reported.