Cincinnati
The University of Cincinnati received a record $314 million in research awards in 2023, a 17% increase from a year earlier, the school announced in February. Thanks to what it says are new innovations across its colleges, UC has doubled research awards since 2018. Research expenditures at UC and its
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 March 29th. Businesses interested in applying can visit TechCred.Ohio.Gov. In a tight labor market, Ohio’s TechCred
Columbus
[caption id align="alignnone" width="3786"] Photo: Ohio State [/caption] The Ohio State University’s annual research and development 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
Cincinnati
[caption id align="alignnone" width="500"] Photo: Enable Injections [/caption] Enable Injections, the leading medical technology company behind the enFuse wearable technology, is expanding manufacturing operations with a new facility in the Cincinnati suburb of Springdale. The company also is investing in its corporate headquarters in
Columbus
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. The company licenses technology from Ohio State, where CTO Tom Darrah is
Ohio Lt. Governor Jon Husted, in partnership with The AI Education Project (aiEDU), announced yesterday in Dayton the launch of an AI Toolkit for Ohio’s K-12 school districts. Inspired by AI forums with industry leading technologists, the toolkit is a practical guide for formulating policies and recommendations in light
Cleveland
[caption id align="alignnone" width="2499"] Photo: AlensiaXR [/caption] Case Western Reserve University spinoff AlensiaXR has raised a $3 million Series A round to accelerate development and delivery of its HoloAnatomy learning platform, likened to Google Maps for the human body. The funding round was led
Columbus
Basking Biosciences, a company developing a novel therapy to treat stroke, raised $55 million from a group of investors including The Ohio State University. The clinical-stage biopharmaceutical company will use the proceeds to accelerate clinical development. Last year, Basking announced positive Phase 1 results for the BB-031. ARCH Venture Partners
Cleveland
[caption id align="alignnone" width="1535"] Photo credit: SPR Therapeutics, Inc. [/caption] Cleveland’s SPR Therapeutics has raised $85 million to provide patients with a non-opioid, minimally invasive pain treatment option. The financing round, led by Revelation Partners with participation from RC Capital and Mutual Capital
State Representative Steve Demetriou is currently serving his first term in the Ohio House of Representatives. The Ohio tech sector is booming. Last year, Ohio added over 7,500 tech jobs, complementing the already existing 270,000 tech workers in the state. These workers earn an average of $84,810
Akron + Canton
[caption id align="alignnone" width="5344"] Image: Summa Health [/caption] In a massive development for the healthcare sector, renowned venture capital firm General Catalyst, has announced plans to buy Akron’s Summa Health, a nonprofit healthcare system serving Northeast Ohio. In their announcement, General Catalyst said
Columbus
[caption id align="alignnone" width="1302"] Image: Nationwide Children’s Hospital [/caption] 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