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UC Health doctor’s startup lands big investment

By | Investments | No Comments

Standard Bariatrics, a Blue Ash startup founded by Dr. Jon Thompson of UC Health, has secured a $500,000 investment from the Dayton Development Coalition.

Thompson invented a medical stapler that could change how weight-loss surgery is performed, and the investment from the coalition’s Accelerant Fund I seed-stage venture fund will bring the total raised by Standard Bariatrics to more than $1.5 million by the end of this year.

To read the full story, click the link below:

http://www.bizjournals.com/cincinnati/news/2015/11/16/uc-health-doctor-s-startup-lands-big-investment.html

 

Cincinnati Children’s pumps $6M into fund to launch startups

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Cincinnati Children’s Hospital Medical Center announced today that it will invest $6 million to create startup companies based on technology developed by its researchers.

The hospital, based in Avondale, found out last week that it will receive $3 million in funding from Ohio’s Third Frontier economic development initiative, and Cincinnati Children’s intends to match that three-year grant with $3 million of its own to create the Tomorrow Fund III. Read More