News

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.

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 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 [...]

Columbus, the state capital known as the headquarters for insurance companies and retail brands like Victoria’s Secret, has been transformed. The metropolitan area has become a critical hub for advanced manufacturing and artificial intelligence.

The evergreen platform added 18 new institutional and private investors in Q1, expanding its total backer base to 155 across the state. Total active deployment reached $217M across 33 multi-asset investments, including a $25M manufacturing expansion.