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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.

Image: Mike Venerable is CEO of CincyTech. David Kalonick | Courier