News
Stay up to date with the latest news, insights, and updates from The O.H.I.O. Fund. From new investments to impact stories, learn how our investments fuel growth and make a difference across Ohio’s economy.
These article links are provided for informational purposes only and do not constitute investment advice. TOF Manager, LLC did not create, control, or pay for the creation of their content.
Beam Benefits founder’s new startup draws $21M seed funding
Beam Benefits co-founder Alex Frommeyer is back with a new Columbus startup that just secured $21 million to rethink how employers provide health insurance.
Brooklyn Heights metal stamping, tool-and-die company acquired, plus 3 more M&A deals
Die-Matic Corp., the metal stamping and tool-and-die maker in Brooklyn Heights, has been acquired for undisclosed terms by OCTAD Precision Manufacturing Group in its bid to reinvigorate U.S. manufacturing operations.
The Working Lunch: What Investors See in Ohio That Others Miss
The Working Lunch connects you to local leaders, entrepreneurs and entertainers with exclusive interviews, crucial business headlines and a thrilling menu of Cincinnati's best events and entertainment.
An audacious idea: Build an Ohio investment fund modeled after Singapore
The idea started with a question: What if Ohio could build its own version of the kind of investment fund that helped transform Singapore’s economy?
Cleveland startup that smothers fire with infrasound waves raises $15 million
A former NASA researcher behind a startup developing fire-suppression technology that can prevent and smother flames with inaudible sound waves just quadrupled his seed capital.
Sound-powered fire protection startup gets $15M to snuff out fires before they turn catastrophic
Sonic Fire Tech is testing a sound-powered fire protection system, which it says snuffs out fires within seconds while also sparing properties from messy water and chemical damage.
Former SpaceX engineers are building a robotic factory for making steel parts
The startup, called 1872, officially launched on July 22 with a ribbon-cutting ceremony at its Factory One facility in Cincinnati, Ohio.
1872 launches autonomous steel factory in Cincinnati, raises $15 million seed round
SpaceX alumni behind 1872 are using one of Ohio’s largest seed rounds to build an AI-native factory model for energy, utility and industrial customers, aiming to cut steel fabrication lead times from months to weeks with software, robotics and physical AI.
Robotic welding firm launched by SpaceX alum opens in Cincinnati with $15M seed round
1872.ai Inc. moved into its Camp Washington factory in April and began production at the end of May.
Ohio 4.0 campaign makes the case for Ohio’s fourth economic era
The O.H.I.O. Fund has launched Ohio 4.0, a statewide campaign framing the state’s manufacturing roots as its greatest asset in the age of physical AI. The initiative argues Ohio is positioned to lead the nation's next economic era as supply chains reshore. The campaign, called Ohio 4.0, went live July 1 with billboards and [...]