Eagle Wireless has completed a $30 million Series B fundraise that will help fuel R&D and broader efforts to scale and expand device production amid a pivotal time for the young company.
The $25 million investment, made through private funds advised by The O.H.I.O. Fund, was part of Eagle's $30 million Series B financing and represented one of the largest single investments to date from The O.H.I.O. Fund.
New U.S. rules will soon ban Chinese software in vehicle systems that connect to the cloud, part of an effort to prevent cameras, microphones and GPS tracking in cars from being exploited by foreign adversaries.
The private investment fund focused on growing Ohio-based employers hasalready returned more than $75 million to investors from $196 million worth ofdeployments in less than two years.
The O.H.I.O. Fund has hit a $356M capital milestone, generating $75M in returns while bringing Hyperframe’s manufacturing from California to Columbus. With new leadership and 30 deals closed, the firm is proving that Ohio’s "balanced" investment model is the new engine for Midwest growth.
The O.H.I.O. Fund, a private fund investment adviser focused on generating strong returns and leveraging Ohio's momentum to accelerate economic prosperity and growth across the state, announced today the close of its funds’ 30th investment, the activities and performance of the two funds it manages, and the addition of three new team members.
In just three years, Endera has grown production 15x from its Ottawa, Ohio plant. By blending a profitable legacy business with EV innovation and 65% Ohio-sourced parts, this specialty bus maker is revitalizing the Heartland while scaling a 215% growth rate with The O.H.I.O. Fund.
The Connected Vehicles Rule just got a Solon-based answer. By acquiring Wireless Mobility, Eagle Electronics morphs into the only Western vendor ready to de-risk global automotive and IoT supply chains. With ex-CIA leadership and backing from The O.H.I.O. Fund, this is a massive bet on trusted tech.
The Connected Vehicles Rule just got a Solon-based answer. By acquiring Wireless Mobility, Eagle Electronics morphs into the only Western vendor ready to de-risk global automotive and IoT supply chains. With ex-CIA leadership and backing from The O.H.I.O. Fund, this is a massive bet on trusted tech.
Backed by Mark Kvamme’s O.H.I.O. Fund and Magnetar, the company is anchoring the state's re-industrialization by providing federally compliant fleets for a national market.