Ohio TechAngels looking for 14 tech startups for $7.3M fund

Story excerpt provided by Columbus Business First.

Written by Evan Weese.

Ohio TechAngels has yet to select recipients of its new $7.3 million fund, but the angel investors backing it have a pretty good idea what they’re looking for.

The 97 individuals who contributed to the latest fund plan to invest in 14 Ohio-based technology startups, including those in software, advanced materials, sensors and instruments and life sciences.

So far, the organization has zeroed in on one undisclosed company, said Zach Lawrence, senior director for TechColumbus, which manages the Ohio TechAngel Funds. The other 13 will be selected over the next three years, a period defined by Ohio Third Frontier, which granted matching funds.

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Originally Published Friday, February 14, 2014.