Cincinnati AI startup raises $2.8 million in Drive Capital-led Seed Round
A husband-and-wife team from Cincinnati has raised $2.8 million in a seed round led by Columbus-based Drive Capital to scale its AI-powered scheduling services. Maddie Bell, co-founder and CEO, along with husband Mike Bell, co-founder and CTO, are building Scheduler AI to help businesses and customers connect.
Google to invest another $2.3 billion into Ohio - growing cloud and AI infrastructure
Google is investing billions into Ohio, again. In front of a crowd of elected officials, education leaders, and business partners Google announced a $2.3 billion investment in Ohio for 2024. This expansion will further develop the company’s infrastructure and Data Center sites in Columbus, Lancaster, and New Albany. This latest announcement adds $2.3 billion to the over $4.4 billion already invested since 2019 when the first data center in New Albany broke ground.
Nationwide Children’s generates $48.6 million from licensing technology in 2023
Nationwide Children’s Hospital generated $48.6 million of income from licensing technology in 2023, up from $29 million a year earlier. Total revenue from royalties, equity stakes, and other payments in licensing deals over the past nine years surpassed $253 million, according to research by Columbus Inno.
A workforce platform designed to help Ohioans achieve their goals - Op-Ed
Sometimes it takes a few job and work changes or challenges –– and maybe a couple of decades –– for a vision to come full circle, writes Lori Fry of Deloitte. A recent project with the State of Ohio Lori helped lead enables residents to find tools and resources to further their education, enhance their skills, look for a new job, identify funding opportunities, and learn about services that are available to support their academic and career journey.
First ever CincyAI Week kicks off in Cincinnati: A three-day exploration of AI education, empowerment, and engagement
CincyAI Week, a three-day event dedicated to exploring and advancing artificial intelligence in the Greater Cincinnati area, begins today with a sell out crowd. Organizers expect over 1,000 attendees from across Southwest Ohio and beyond.
Q&A: The State of Life Sciences in Ohio with Eddie Pauline and Tyler Allchin
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.
Got a tech job in Columbus? Your guide to finding an apartment
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’s $73 million raise confirms hub-and-spoke model of startup innovation
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.
Meet the 13 startups in Rev1’s Customer to Capital Accelerator
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.
50 years of saving lives: Ohio’s innovative vehicle testing
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.
Crafting Your Digital Niche: Stand Out in a Crowded Online World
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.
University Hospitals Institute and Oxford University partnership announces new programs for new therapies to fight degenerative disease
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 opens connected Learning Center in Columbus’ Hilltop Neighborhood to bridge digital divide
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.
AssetWatch raises $38 million for AI-powered monitoring for manufacturers
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.
Ohio’s tech opportunity is now: Ohio Tech Summit unites tech from across Buckeye State
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.
World’s first Green IT Zone established in Columbus
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.
Google teams up with COSI Science Festival to inspire Ohio's future innovators
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.
Dayton’s Niobium lands $5.5 million Seed Funding to commercialize FHE Accelerator Chip
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.
Ohio's Generational Opportunity: A Conversation with J.P. Nauseef
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.
Global Innovation: PeaceRise Innovation Challenge launches in Cincinnati
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.