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.
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.
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.
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.
Columbus AR startup raises $2 million pre-seed round
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.
Intel’s 10 biggest projects around the world—including in Ohio
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.
Root Co-Founder and former colleague launch next venture with $7 million Seed Round
Columbus-based RWX has raised a $7 million seed round and launched Mint, a Continuous Integration and Continuous Deployment (CI/CD) platform. RWX was founded by Tommy Graves and Dan Manges, who was the CTO of Root, a technology-powered car insurance carrier, which he co-founded in 2015 and took public in 2020 via an IPO. Graves was a senior engineering manager at Root.
Drive Capital announces $750 million strategic investment, new minority owner
Columbus-based Drive Capital has announced a strategic investment of at least $750 million in future fund commitments while also selling a minority stake in its management company. Drive says the commitment by Collective Global and Collective Global Asset Owners will advance its ability to invest in world-class technology companies across its target market in the “Driveway”, a $12 trillion region in North America between the Hudson River and the Rocky Mountains.
How Women in Analytics turned a Columbus conference into a global destination
In just six years, Women in Analytics has gone from an Ohio State University student’s idea to a national organization supporting a community of about 8,000 data enthusiasts. And its flagship DataConnect conference is now drawing attendees from around the world to Columbus.
What to know about Columbus’ red hot BioTech industry
With a string of major fundraising announcements, product developments, and new facility debuts, Columbus is shaping into a force in the biotechnology space. In fact, it’s among the nation’s fastest-growing biotech hubs, says Eddie Pauline, president and CEO of Ohio Life Sciences, a trade group for biotech, pharmaceutical, gene therapy, and academic organizations.
Columbus-based Redi Health raises $14 million for digital pharma support
Redi Health, a Columbus-based provider of digital pharma support to patients with chronic health conditions, has raised $14 million in a Series B round. Redi bridges the gap between consumer technology and clinical health and support, engaging patients with medication reminders, symptom management, diet and nutrition advice, weight and activity tracking, and health literacy and education.
Ohio State sets record with $1.5 billion in R&D Funding
The Ohio State University’s annual R&D expenditures reached an all-time record of $1.449 billion last year, the university disclosed in its annual report of resources available to perform cutting-edge science and creative expression research. The total represents a 6% increase over FY 2022.
Ohio State clean energy spinoff backed by Bill Gates raises $246 million
A clean energy company spun off from Ohio State and backed by Bill Gates has raised $246 million. Koloma, based in Denver but with a lab in Columbus, has developed technology to extract carbon-free hydrogen from underground deposits.
Ohio State spinoff Basking Biosciences raises $55 million to test stroke treatment
Basking Biosciences, a company developing a novel therapy to treat stroke, raised $55 million from a group of investors including The Ohio State University. Every year, 15 million people suffer strokes and more than 5 million die, according to the World Health Organization.
Nationwide Children’s Hospital, Ohio State leading first-of-its-kind pediatric device consortium
Several of Ohio’s biggest names in healthcare are teaming up for a first-of-its-kind partnership to produce and commercialize pediatric medical devices. With support from a $6.95 million grant from the Food and Drug Administration (FDA), Nationwide Children’s Hospital and The Ohio State University are leading the Midwest Pediatric Device Consortium - the first of its kind in the Midwest.
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.
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.
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.