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.
Cleveland’s WAN Dynamics acquired by Chicago’s Nitel to deepen capabilities
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.
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.
Ohio awards $86 million to venture capital funds
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.
TechCred opens May round to reimburse companies upskilling Ohioans
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.
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.
Midwest Pediatric Device Consortium announces first five awardees
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 (MPDC) - the first of its kind in the Midwest. And this week the MPDC announced its first grant recipients, which came from over 40 applications, working to advance pediatric medical devices into clinical use.
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.
National AI Literacy Day: Ohio’s AI leadership push
November 30, 2022 is a day that sent shockwaves through businesses, schools, and governments alike. It was the day OpenAI launched ChatGPT to the public. It took just five days for ChatGPT to break one million users and a revolution was born. Since then, the State of Ohio, led by Lt. Governor Jon Husted, has been at the forefront of leveraging AI to drive innovation, efficiency, and responsible adoption across government and education.
Research and Collaboration - The legacy and the future of flight in Ohio: Op-Ed
Ohio has a long and rich history in aerospace. The first wave ushered in the birth of aviation with the Wright Brothers. The second wave was space exploration with NASA Glenn leading the way. The third wave, called advanced air mobility (AAM), is now being championed in Ohio with innovations in digitization, design, and manufacturing of AAM vehicles, and new concepts for air traffic management to support this new system of aerial transportation, writes Dr. Edie Williams of Parallax Advanced Research.
Abre raises $24 million for K-12 EdTech platform
Cincinnati-based EdTech platform Abre has raised $24 million in a Series A round to help K-12 schools centralize and make sense of siloed data. Abre's software serves as a one-stop-shop for data around social-emotional well-being, enrollment, attendance, intervention, academic performance, and more.
Cloverleaf raises $7.3 million to advance workplace coaching platform
Cloverleaf, a Cincinnati-based provider of automated coaching technology, has raised $7.3 million in a Series A extension. Cloverleaf says it will use the new funding to extend its core automated coaching solution into even more areas of professional development, bringing out the best in workers and teams.
Champ Titles raises $18 million in Series C financing
Champ Titles Inc., a Cleveland-based provider of digital vehicle title and registration services, has raised an $18 million Series C round, bringing its total fundraising to more than $45 million. Founded in 2018, Champ provides SaaS-based solutions that require no upfront cost, utilize a pay-as-you-transact model, can be launched quickly, and are continuously improved.
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.