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The Ohio Innovation Fund (OIF) was founded in 2016 and is headquartered in Ohio. This venture capital firm focuses on early-stage startups, primarily in sectors like artificial intelligence, healthcare, cybersecurity, and SaaS. OIF manages a portfolio of six companies and typically invests between $500,000 and $4 million.
OIF invests in disruptive industries such as AI/ML, data science, cybersecurity, and biotech. The firm targets early-stage companies with significant growth potential, providing funding in the range of $500,000 to $4 million.
Notable portfolio companies include Immuta, which offers AI data access control solutions; Enable Injections, known for its wearable device for self-administering biologics; Afference, innovating in virtual reality; Niobium, focusing on encrypted cloud solutions; Complion, a platform for managing regulatory workflows in clinical research; and Invirsa, which develops antiviral therapeutics.
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