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Ohio TechAngels Fund

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The Ohio TechAngels (“OTA”) provide investment capital for commercialization of innovations in life sciences, information technology and physical sciences. The goal of all of our Funds is to support Ohio-based technology investment opportunities by facilitating risk sharing on early opportunities with high upside potential. The Funds actively seeks to co-invest with:

• OTA Members and their networks
• State of Ohio supported validation funds
• Midwest angel funds
• Venture capital funds active in Ohio

Fund I has been fully invested and is no longer seeking new opportunities.

Fund II is seeking Ohio-based opportunities in life sciences, information technology, and physical sciences but will also consider investing in consumer retail, distribution and innovative service businesses. However, OTA has little interest in the following:

• Businesses in the restaurant, travel or lodging industries
• Products or services focused on fashions, fads, toys or seasonal concepts
• Commercial real-estate, oil or gas projects

Recent Milestones

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• 
  Ohio TechAngels Fund invested in nChannel . (4/30/13)
  Posted 5/2/13 at 6:17am via finsmes.com
• 
  Ohio TechAngels Fund — (Portfolio company exit) Yell acquires eCommerce software provider Znode (Znode was a portfolio company of OTAF) for $18mm cash and will pay $1.2mm of Znode's debt. (7/1/11)
  Posted 8/23/11 at 9:35am via yellgroup.com
• 
  Ohio TechAngels Fund invested in SparkBase. (6/8/11)
  Posted 6/8/11 at 4:56am via benzinga.com
• 
  Ohio TechAngels Fund invested in Resort Gems. (12/1/10)
  Posted 4/25/11 at 12:01pm via ohiotechangels.com
• 
  Ohio TechAngels Fund invested in Great Lakes Pharmaceuticals. (8/23/10)
  Posted 8/23/10 at 7:30am via onbiovc.com
• 
  Ohio TechAngels Fund invested in Brand Thunder. (1/28/09)
  Posted 3/23/09 at 7:52am via cnet.com

Investments

Videos

Sources

1. SEC D (sec.gov) [edit]
Yell Acquires eCommerce Software Provider Znode (yellgroup.com) [edit]
2. nChannel Closes $2.4M Series A Funding (finsmes.com) [edit]
3. Final Series A (benzinga.com) [edit]
4. Ohio TechAngels Portfolio (ohiotechangels.com) [edit]
5. Great Lakes Pharmaceuticals, Inc.: Series B $3.1M (onbiovc.com) [edit]
6. Firefox-branding start-up gets funding (news.cnet.com) [edit]