COLUMBUS, Ohio — Early stage venture group Ohio TechAngel Funds has raised $2.5 million for its third investment fund, according to a regulatory filing.
Like the group’s previous funds, Ohio TechAngel Fund III will invest in Ohio-based technology companies in the life and physical sciences, and information technology industries, said John O. Huston, co-manager of the funds.
Angel investors invest money and experience in young companies. In recent years, groups like Ohio TechAngels have organized these investors and joined forces with other angel groups to provide vital pre-seed and seed capital that creates jobs and brings products to market.
Original Article: Columbus venture group Ohio TechAngel Funds raises $2.5M for third fund : MedCity News
