CincyTech led the round and investors from the company's seed round also took part, including Mark Cuban's Radical Investments, Ohio Innovation Fund, and Raptor Group. Cuban is also known for being one of the sharks on ABC's Shark Tank and the owner of the Dallas Mavericks basketball team.
Now with three years of experience as a mentor to tech entrepreneurs, Mike Collette wants to bring some new technology into the patient-physician relationship.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
CincyTech is doing its part to provide venture capital to startups based in the Midwest, a region that generally must reach a higher bar for funding.
It’s a cliche in the venture capital industry that VC firms offer much more than money to their portfolio companies. But it’s certainly true that venture firms routinely provide their companies with networking opportunities, introductions to key opinion leaders, domain expertise and business development assistance, in general. A new Cincinnati venture fund that’s been launched […]
A company that’s developed voice-driven work flow and documentation software for endoscopic surgery centers has hired a new CEO. Trent McCracken, who has a background in telecommunications software, becomes chief executive of Cincinnati-area eMerge Health Solutions, according to a statement from the company. eMerge’s software uses a patent-pending voice recognition system to document intraoperative procedures […]
A trade group for long-term care providers and an Ohio-backed investment organization have formed a venture capital initiative that will invest in startups that develop technologies to help people as they age. The group is called Linkage Ventures and was created by Linkage, a nonprofit made up of 600 senior living communities in 39 states, […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
There are few more ubiquitous buzz phrases today in American business — and healthcare in particular — than “big data.” In healthcare, developing the analytics to draw meaningful conclusions out of mountains of data like electronic medical records and claims information will almost certainly become an increasingly important — and lucrative — area for companies […]
Tennessee transplant NanoDetection Technology has cashed in on the promise of an investment that drew it to Ohio earlier this year and has closed on a $2.3 million series A round of funding. The Cincinnati-area company is developing a low-cost, point-of-care diagnostic test for MRSA (Methicillin-resistant Staphylococcus aureus) to be sold to hospitals and physicians’ […]
Airway Therapeutics has received commitments for $500,000 of what’s anticipated to be a $1.2 million fundraise. The startup, built on technology developed at Cincinnati Children’s Hospital, is developing a drug that would improve lung function in premature infants. The $500,000 in funding was split between investors CincyTech, a state-backed venture development group, and Tomorrow Fund, […]
A group of Cincinnati gastroenterologists have been joined by several business and technology partners to launch a health IT company that develops intraoperative voice-command software to document surgical procedures. The company, eMerge Health Solutions, has received $650,000 in investment commitments, including $250,000 from state-supported venture development group CincyTech, according to a statement from CincyTech. eMerge […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
Cincinnati-based Blue Ash Therapeutics has reached an agreement in which Forest Laboratories (NYSE:FRX) will purchase the rights to an anti-arrhythmia drug the Ohio firm has been developing. New York-based Forest didn’t release financial terms of the deal in a statement. Under the terms of the deal, Forest will be responsible for all future development and […]
Public-private venture investment group CincyTech plans to invest $3 million in Southwest Ohio startups this year. The vast majority of its portfolio companies are in the biomedical, information technology and alternative energy industries.
Lured by a $2 million investment round, Tennessee diagnostic device company NanoDetection Technology is moving to Cincinnati. The new funding will allow the company to complete the clinical trials necessary to get its device on the market, which NanoDetection hopes to do in 2013.
The Ohio Third Frontier Commission has awarded more than $3 million to entrepreneur-support organizations that provide services and investments to startup technology companies. The grant awards were made under the Third Frontier Pre-Seed Fund Initiative and Entrepreneurial Signature Program. — Cincinnati USA Regional Chamber was awarded $2 million for its Southwest Ohio Signature Program: The […]
Blue Ash Therapeutics has raised more than $2 million to help push its first and only drug across the regulatory finish line with a pivotal clinical trial. Started more than a year ago by pharmaceutical industry veterans Greg Flexter and Kevin Malloy, the Cincinnati company is finishing development of Azimilide, a drug that can work […]