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.
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.
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.
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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?
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.
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.
The startup, called 1872, officially launched on July 22 with a ribbon-cutting ceremony at its Factory One facility in Cincinnati, Ohio.
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.
1872.ai Inc. moved into its Camp Washington factory in April and began production at the end of May.
The O.H.I.O. Fund has launched Ohio 4.0, a statewide [...]