Cleveland
Cleveland Diagnostics, a Northeast Ohio-based BioTech company, has closed a $75 million financing round to advance their early-stage cancer detection testing technology. The round was led by life sciences investment firm Novo Holdings. The funds will accelerate the commercialization of their IsoPSA blood test, an innovative technology for early detection
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 3 pm on January 31. Businesses interested in applying can visit TechCred.Ohio.Gov. In a tight labor market,
From venture-funded startups to well-established banks and financial institutions, Ohio is a hub for financial activities. Ohio’s reputation got another boost recently as Worldpay, one of the largest payment processors in the world, announced plans to reestablish its global headquarters in Cincinnati. The investment comes as JobsOhio makes a
The Ohio Department of Development is now accepting applications for its Ohio Innovation Hubs program. Interested communities can apply for millions available under the program, which is meant to capitalize on existing industry and research strengths to build pipeline talent and commercialize new products and technologies. Program details * $125 million:
Columbus
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. Also announced was a partnership with
[caption id align="alignnone" width="4032"] Columbus City Schools high school students visit Meta’s New Albany Data Center as part of 2023 Ohio Tech Day. [/caption] Ohio Lt. Governor Jon Husted, also the Director of the Governor’s Office of Workforce Transformation, announced the opening
Cincinnati
Ohio’s reputation as a fintech hub is growing stronger thanks to a new global headquarters investment. Worldpay, one of the largest payment processors in the world, will reestablish its global headquarters in Cincinnati, bringing more than 500 new jobs and $56 million in associated payroll. Worldpay’s predecessor organization,
Last month, Columbus-based BioTech startup Forge Biologics announced a deal to be acquired for $620 million. That’s an eye-popping exit for a company founded just three years earlier. It also represents a feather in the cap for Ohio’s world-class ecosystem for healthcare innovation. Forge, which develops and manufactures
Events in recent weeks have brought home the scale and scope of artificial intelligence and how society is beginning to grasp the sweeping implications of this technology and work to use it for good and contain risks. At the same moment that the music world is enthralled with the release
In a tight labor market, Ohio’s TechCred program is helping businesses address their workforce needs by upskilling current and prospective employees. Businesses of all sizes and from any industry are eligible for up to $30,000 per round and up to $180,000 per year. Here’s how it
Akron + Canton
[caption id align="alignnone" width="1149"] Image: Goodyear [/caption] Akron was recently designated as a national hub for sustainable polymers technology, selected by the White House as one of 31 tech hubs across the United States that show potential for rapid growth in key technology sectors.
Cleveland
[caption id align="alignnone" width="2500"] Photo: Cleveland Clinic [/caption] Cleveland-based Lincoln Electric has introduced a new electric vehicle charging technology that it says delivers fast charging speeds with unparalleled reliability. The Velion Level 3 DC fast charger platform is the first and only American-designed, American-made