CincyTech, a Cincinnati-based seed-stage investor, closed a new fund at $4.4m
CincyTech Fund II LLC will enable CincyTech to continue to invest in startup companies focused on information technology, bioscience and advanced manufacturing that are based in or willing to move to Southwest Ohio. The new fund will make 10-12 new investments.
The funds were raised from Southwest Ohio partners including the Castellini Foundation, Cincinnati Children’s Hospital Medical Center, Fort Washington Capital Partners, the Greater Cincinnati Foundation, the Carol Ann and Ralph V. Haile Jr. /U.S. Bank Foundation, the Health Foundation of Greater Cincinnati, and private investors ($2.4m) and Ohio Third Frontier ($2m).