The Ohio Innovation Fund is a venture capital firm that invests in early-stage companies, primarily in Ohio and the Midwest. Their strategy focuses on disruptive technologies and industries such as AI/ML, data science, cybersecurity, biotech, medical technology, biopharma, augmented and virtual reality, advanced manufacturing, SaaS, and mobility sectors.
60% of their portfolio is in Healthcare. Their most common stage is series-b (40% of deals). Average disclosed round size is $68.6M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
$4.1M
Top Stage
Series B
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Lentechs | Seed | $6M | Oct 2023 |
 Enable Injections, Inc. | Series C | $215M | Jan 2022 |
 Aware | Series C | $60M | Oct 2021 |
| Aware | Series B | $12M | Dec 2020 |
| Enable Injections, Inc. | Series B | $50M | Oct 2018 |
Top Co-Investors
Rev1 Ventures3 shared
JobsOhio3 shared
Spring Mountain Capital2 shared
Blue Heron Capital2 shared
Draper Triangle2 shared
Jumpstart Ventures2 shared
Goldman Sachs1 shared
Magnetar1 shared
GCM Grosvenor1 shared
Squarepoint Capital1 shared
Bluestem Capital1 shared
Sanofi Ventures1 shared
CincyTech1 shared
Cleveland Clinic1 shared
Last updated: 4 May 2026