Cintrifuse Early Stage Capital Fund I Receives Investments Totalling $11M

Cintrifuse Early Stage Capital Fund I, LLC, a venture capital fund of funds, received new investments totalling $11m.

The backers included American Financial Group, Castellini Management Company, The Greater Cincinnati Foundation, The Kroger Co., and Messer Financial Service. They joined initial investors Cincinnati Children’s Hospital Medical Center, Duke Energy, The Procter & Gamble Co., the University of Cincinnati and Western & Southern Financial Group, which invested $40m in December 2012.

Managed by Tim Schigel, founder and chairman of ShareThis, the Cintrifuse fund will invest in regional and national early-stage venture capital funds with a focus on life sciences, consumer goods and services, technology and energy. It is expected to begin to make some investments later in 2013.

The Cintrifuse fund is a for-profit fund operated by Cintrifuse Fund Management, LLC, a wholly-owned subsidiary of Cintrifuse, a non-profit organization launched in July 2012.






Join the discussion