How Ohio is winning in FinTech—and what the future holds
From venture-funded startups to well-established banks and financial institutions, Ohio is a hub for financial activities. State officials, business leaders, and economic development officials tout a number of reasons for the state’s success in FinTech.
Ohio communities can now apply for piece of $125 million Innovation Hubs program
The Ohio Department of Development is now accepting applications for its Ohio Innovation Hubs program. Interested communities can apply for up to $125 million, meant to capitalize on existing industry and research strengths to build pipeline talent and commercialize new products and technologies.
Columbus BioTech, Clarametyx Biosciences, raises $33 million Series A
Clarametyx Biosciences, a Columbus-based BioTech startup, has raised a $33 million Series A round to advance its cutting-edge anti-biofilm biologics for combating serious bacterial infections. The company, founded in 2020, specializes in developing targeted, immune-empowering biologic therapies to address persistent infections linked to biofilms.
State of Ohio announces High School Tech Internship Program
Ohio Lt. Governor Jon Husted announced the opening of applications for the State of Ohio's 2024 High School Tech Internship program. The program is part of the State of Ohio's efforts to increase the amount of Ohioans in in-demand career fields and is designed to providing Ohio students with a valuable entry point into the tech industry while fulfilling the workforce needs of local businesses.
Ohio’s FinTech reputation gets a boost with new global HQ
Ohio’s reputation as a fintech hub is growing stronger thanks to a new global headquarters investment. Worldpay, one of the largest payment processors in the world, will reestablish its global headquarters in Cincinnati, bringing more than 500 new jobs and $56 million in associated payroll.
Ohio builds on healthcare innovation legacy with big 2023
Ohio has all the pieces that make the Buckeye State a global healthcare innovation hub. From world-class children’s hospitals and higher education institutions to technology startups and supply chain service providers. Here are some recent developments on Ohio’s healthcare innovation front.
Embrace AI as a force for good to take it to the next level: Op-Ed
Events in recent weeks have brought home the scale and scope of artificial intelligence and how society is beginning to grasp the sweeping implications of this technology and work to use it for good and contain risks. We must embrace artificial intelligence as a force for good to take it to the next level writes Emily Fabiano and Rehgan Avon.
Ohio’s TechCred Program provides companies up to $180,000 a year for upskilling
In response to the challenges posed by a competitive labor market, Ohio's TechCred program has emerged as a pivotal solution, aiding businesses in meeting their workforce requirements by enhancing the skills of existing and potential employees.
Akron selected as a Tech Hub. Here’s what that means.
In a significant development, Akron has been recognized as a national hub for sustainable polymers technology, securing its position among the 31 tech hubs identified by the White House as potential catalysts for rapid growth in key technology sectors.
Cleveland company’s charger technology ‘huge step’ in America’s EV transition
Cleveland-based Lincoln Electric has introduced a new electric vehicle charging technology that it says delivers fast charging speeds with unparalleled reliability. The Velion Level 3 DC fast charger platform is the first and only American-designed, American-made EV fast charger that exceeds the U.S. government's National Electric Vehicle Infrastructure Formula Program (NEVI) requirements.
Cleveland Clinic and Canon join forces to create imaging research center
The Cleveland Clinic and Canon Inc. have created a research partnership designed to advance and develop cutting-edge imaging and healthcare IT technologies. The partnership will establish a comprehensive imaging research center based in the Cleveland Innovation District.
Ohio strengthening ‘Silicon Heartland’ with semiconductor supply chain consortium
Ohio’s reputation as the “Silicon Heartland” is growing. Ohio Governor Mike DeWine and Lt. Governor Jon Husted have announced a state partnership with Intel, JobsOhio, and the Ohio Grants Alliance to create a semiconductor supply chain consortium to align stakeholders in a formal partnership.
Augment Therapy, Cleveland-based HealthTech startup, raises $2.7 million seed plus round
Augment Therapy, a Cleveland-based digital health startup, has raised a $2.7 million seed plus round from both current and new investors. The company creates rehabilitative healthcare through immersive and gamified technology.
Millions invested to boost Ohio aerospace innovation: OFRN awards $6.85 million to six organizations
The Ohio Federal Research Network (OFRN) has awarded $6.85 million to six Ohio organizations to drive aerospace innovation in Ohio. The initiative, managed by Parallax Advanced Research in collaboration with The Ohio State University, aims to propel science and technology innovation for U.S. national security initiatives.
$20 million donation launches the University Hospitals Haslam Sports Innovation Center in Cleveland
A $20 million donation from Dee and Jimmy Haslam will create the University Hospitals Haslam Sports Innovation Center in Cleveland. Built for both professional and recreational athletes, the center aims to "strategically identify, support and invest in the world’s best innovations in sports medicine.”
Columbus Merger: Test Double Acquires Pathfinder
Columbus-based software consultancy Test Double has acquired product consultancy Pathfinder Product thanks to complementary services, a shared vision, and two degrees of Kevin Bacon.
How Status Solutions leverages Verizon Business to act in a crisis
Status Solutions partners with Verizon Business for persistent connectivity, ensuring fast and reliable alert systems. The collaboration reflects a shared commitment to community safety. The success lies in delivering critical, timely information across various devices, reinforcing a dedication to communication and safety.
Columbus startup Forge Biologics to be acquired for $620 million
Columbus-based Forge Biologics, a gene therapy development startup, announced they're to be acquired by Japanese Ajinomoto Co., Inc. for $620 million.
Charter Communications announces $1.25 billion investment in Ohio's broadband infrastructure
Charter Communications (Spectrum) is making a nearly $1.25 billion investment in Ohio's broadband infrastructure and bringing more internet access to more parts of the state.
OhioTechNews.com launches
OhioTechNews.com launches - a new statewide tech storytelling platform from OhioX.