Central Ohio corporations put $20 million into venture capital fund

Using laptop and bluetooth earbuds, woman video conferences from home and Rev1Ventures for Columbus company logo

Rev1 Ventures, a Columbus venture capital fund, has received a $20 million infusion from some of central Ohio’s largest companies.

The money will be used to create Rev1 Fund II, to provide startup companies with capital and strategic advice.

Rev1 Ventures’ first fund helped successful Columbus startups including Updox, MentorcliQ, and Aware.

“In light of the many challenges this past year has put forth, it’s never been more important for startups to have the funding and support they need to thrive,” Tom Walker, CEO of Rev1 Ventures, said in a news release.

Click here to read the complete story.

Story excerpt provided by the Columbus Dispatch.

Written by Jim Weiker.

Originally published June 9, 2021.

Leave a Reply

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

%d bloggers like this: