Today, Rev1 Ventures, the startup studio that combines capital and strategic services to help startups scale and corporates innovate, is launching Future Value Fund I (FVF), a new $10MM for-profit investment fund focused on building the Central Ohio startup ecosystem. The Fund is the company’s most significant pre-seed fund to date and the largest pre-seed stage fund in Columbus history. The Ohio State University joins Rev1 to invest in the Fund, with the Ohio Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program providing a $5 million loan to bring the total fund capitalization to $10 million.
Nationwide is expanding its investment fund that targets high-growth startups products, services, and technology that can benefit Nationwide customers. Nationwide’s original $100 million fund drew interest from startups looking to partner with Nationwide not only for capital but access to customers, expertise, and its Fortune 100 brand recognition.
Written by Elio Harmon of 614Startups
Cincinnati-based startup Resquared is joining the Winter 2021 batch of the venerable Silicon Valley seed money startup accelerator Y Combinator. With a list of unicorns like Stripe, Cruise Automation, DoorDash, Airbnb, and Twitch, Y Combinator’s program has a proven track record of identifying, funding and helping to scale high-growth startups.
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