TechGROWTH Ohio Fund, the Ohio Third Frontier-Ohio University investment fund focusing on early-stage technology companies, announces its investment in OsteoDX, Inc. (formerly known as AEIOU Scientific). OsteoDx is developing and commercializing its pioneering Cortical Bone Mechanics Technology (CBMT), which non-invasively assesses bone strength.
The investment will help OsteoDx prepare for Small Business Innovation Research (SBIR) Phase II funding. Jane New, TechGROWTH Ohio director, said OsteoDx was selected because its promising technology presents a tremendous market opportunity for accurately assessing bone strength.
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Story excerpt provided by OU News.
Written by Hardika Singh.
Originally published March 2, 2021.