Ohio’s life sciences industry is growing daily, from longstanding institutions to new market entrants. Following a drumbeat of major announcements in healthcare innovation, OhioTechNews.com caught up with a pair of local leaders helping shape the industry’s future: Eddie Pauline of Ohio Life Sciences and Tyler Allchin of JobsOhio.

Columbus, Ohio is booming. Ohio’s capital city is the fastest growing in the country, emerging as a leader in tech with the arrival of titans such as Intel, Google, Microsoft, Meta, and many more on the horizon. If you’re looking to establish yourself in Columbus, a community brimming with opportunity, you’ll want to explore Oakwood Management Company. With more than 60 apartment communities spread across Central Ohio, you’ll find the perfect place to call home.

CinRx Pharma, a Cincinnati-based biotech company focused on high-impact medicines, announced on May 30 the close of a $73 million raise, bringing its total raise to $176 million. CinRx Pharma relies on multiple subsidiaries to research and develop treatments for cardiovascular, metabolic, and gastrointestinal conditions. This raise allows CinRx to further develop its existing portfolio programs to address high-profile medical needs.

Thirteen startup founders are participating in Rev1’s 14-week Customer to Capital accelerator to validate their markets, find initial customers, and prepare to pitch to investors. The Software/SaaS and Advanced Technology startups are working alongside each other through the immersive program, preparing to pitch to a curated network of investors on July 11th in an Investor Showcase and community event at Rev1 Labs.

When you’re talking about companies that shape the future, you should include Ohio’s very own Transportation Research Center Inc. TRC is an innovator in motor vehicle safety and has been at the forefront of saving lives since opening its Ohio headquarters in 1974. This year, it celebrates its 50th anniversary. The unique automotive testing center was a vision of Governor James A. Rhodes, to position Ohio as the nationwide leader in the automotive industry and vehicle technologies.

Verizon Small Business Digital Ready is holding small business workshops in Cleveland, Columbus and Cincinnati. Small Business Digital Ready is Verizon’s free on demand platform for Small Businesses featuring over 50 courses (23 in Spanish), 200+ mentors and coaches, $1 million in incentives and grants and a community for small businesses to connect with each other. Verizon currently supporting over 300,000 small businesses.

The partnership of the Harrington Discovery Institute at University Hospitals in Cleveland and the University of Oxford in the United Kingdom has received a philanthropic donation of up to $825,000 to support the research and development of therapeutics for Friedreich’s Ataxia (FA), a debilitating, life-shortening, degenerative rare disease, with onset typically between 10-15 years of age. There is presently no cure for FA.

AT&T has opened a new Connected Learning Center inside the Boys & Girls Clubs of Central Ohio in Columbus’ Hilltop Neighborhood to help bridge the digital divide. The dedicated learning center in the J. Ashburn Jr. Clubhouse provides high-speed AT&T Fiber internet, Wi-Fi, and Dell computers to kids who encounter barriers to online participation.

Westerville-based AssetWatch, a provider of AI-powered monitoring solutions to help manufacturers avoid downtime, has raised a $38 million Series B round to accelerate product innovation and scale-up of the business.

Hundreds of startup founders, tech workers, and industry leaders from around the state gathered on May 16 in Columbus for the 3rd annual Ohio Tech Summit. OhioX’s flagship event marked the third-straight sell-out with well over 500 registered and a large, growing waitlist into the triple digits. With the Summit’s theme of “emerging technologies and their impact on Ohio’s leading industries,” panelists and attendees examined the impact of emerging technologies on Ohio and how our people, companies, and ideas are shaping the future.

Columbus is setting the pace for tech and IT sustainability, outlining basic principles in what’s known as the Green IT Playbook to establish the world’s first “Green IT Zone.” The vision is simple for the Columbus Region to become the nation’s first Green IT Zone, an area defined by a broad coalition of organizations committing to a shared vision of sustainability in their technology and IT operations to reduce greenhouse gas emissions and accelerate positive community impact.

COSI Science Festival attendees got a better idea of how the internet works thanks to a unique first-hand experience with Google. The tech company brought its new “Where the Internet Lives” exhibit to the festival on May 4 in Columbus, explaining the role of data centers in processing, storing, and protecting vast amounts of information.

Niobium, a leading custom silicon provider based in Dayton, has raised a $5.5 million seed round to revolutionize the field of Zero Trust Computing with its cryptography hardware. Niobium’s flagship product is a fully homomorphic encryption (FHE) hardware accelerator, which allows for computing on encrypted data, providing a mathematical guarantee of data privacy.

Over the past few years there has been an incredible amount of investment and momentum for Ohio's technology and innovation sectors. From Intel's announcement they are investing more than $20 billion into Ohio to new Innovation Districts across the state, JobsOhio President and CEO J.P. Nauseef calls this a "generational opportunity" for the Buckeye State. OhioTechNews.com speaks with Nauseef on the latest advancements in tech and innovation in Ohio.

A Cincinnati initiative is now underway hoping to make a big impact on the world. PeaceRise, an international competition designed to create solutions in the field of PeaceTech, kicked off last week at 1819 Innovation Hub on the campus of the University of Cincinnati.

Cleveland’s WAN Dynamics has been acquired by Chicago-based network-as-a-service provider Nitel, the combined organization boasting deeper technical, management, and support capabilities around its managed SD-WAN offering.

Three former employees of renowned augmented reality (AR) company Magic Leap have raised $2 million to build their own AR business in Columbus. Greg Tran, Martin Smith, and Sean Couture unveiled their company, Trace, by announcing an oversubscribed $2 million pre-seed, co-led by Rev1 Ventures and Impellent Ventures.

The State of Ohio has announced the award of $86 million in funding through its Ohio Venture Fund and Early Stage Focus Fund to Ohio based venture capital organizations. The funding comes from the State Small Business Credit Initiative (SSBCI), a program from the U.S. Department of the Treasury.

A new TechCred application round is now open. This latest round of the state program that helps businesses address their workforce needs by upskilling current and prospective employees is open through May 31st.

In Ohio, construction is well underway on Intel’s newest U.S. site in more than 40 years, the company said while sharing an update of progress at its 10 biggest projects around the world. Around the world throughout 2023, Intel used 145,000 tons of steel and poured more than 2 million cubic yards of concrete—32X more than for New York’s Empire State Building—to construct and expand its new facilities.