Ohio tech companies, driven by Central Ohio, already have broken the state’s full-year record for venture capital investment with more than five months to go.
Still, Ohio’s standing in the national VC world hasn’t budged.
Investments of $1.1 billion through June 30, including the record $782 million in the second quarter, still represent 0.8% of the U.S. total for the year, according to Business First’s analysis of the latest quarterly report from PitchBook Data and the National Venture Capital Association.
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Story excerpt provided by Crain’s Cleveland Business.
Written by Carrie Ghose.
Originally published July 15, 2021.