CincyTech wraps up raising $20 million seed capital fund

Damon Ragusa, CEO of Abre.io and Robert Beech, executive chairman and co-founder of Eccrine Systems

Cincinnati startup capital company CincyTech has finished raising its fifth fund, giving it nearly $20 million in new money to invest.

Avondale-based CincyTech, based in the University of Cincinnati’s 1819 Innovation Hub in Avondale, raised $19.7 million for its fifth investment fund. It wrapped up fundraising at the end of April.

CincyTech will use the money to invest in seed-stage startups, as it has done for the past 15 years.

Click here to read the complete story.

Story excerpt provided by Cincy Inno.

Written by Steve Watkins.

Originally published May 19, 2021.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: