Gov. Tony Evers and the Wisconsin Economic Development Corp. (WEDC) announced today five of the six recipients of a $100 million public-private investment fund.

In Madison, HealthX Ventures received $15 million, Venture Investors received $12 million and NVNG received $6 million.

As previously reported, the fund will have an emphasis on venture capital investments in rural and other underserved parts of the state. It will combine $50 million from the U.S. Treasury and its State Small Business Credit Initiative and $50 million from private funds selected through a vetting process within the WEDC.