Third Frontier awards more than $9 million in funding for Northeast Ohio

Northeast Ohio’s JumpStart and three area technology companies received more than $9 million total in funding from Ohio Third Frontier programs, according to an announcement on Tuesday, June 22. The funding was part of more than $25 million approved by The Ohio Third Frontier Commission for six regional Entrepreneurial Services Providers created to help grow

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SPR Therapeutics hits 5,000th implant milestone, plans further growth

After rapid growth through 2020, Cleveland medical device company SPR Therapeutics Inc. plans to continue building on its momentum. SPR Therapeutics developed a neurostimulation platform for pain management, the SPRINT Peripheral Nerve Stimulation (PNS) System. It recently reached a milestone of its 5,000th implant, ahead of schedule as demand for alternative options for pain treatment

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Startup Thrivable raises $1.7 million from investors

Thrivable, a Cleveland-area startup that describes itself as a real-time platform for health care market research, announced it has closed $1.7 million in funding from local, regional and national investors. The company said in a news release on Wednesday, June 9, that investors in the funding round are Allos Ventures, JumpStart Inc., North Coast Ventures

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Startups and Small Businesses Generated $1B+ in Economic Output Across Ohio in 2020

JumpStart and Silverlode Release Annual Economic Impact Report Providing Snapshot of Entrepreneurial Economy Through Jobs, Wages and Economic Output JumpStart has released its annual economic impact report, tracking the outcomes of startups and small businesses receiving services and/or capital from JumpStart and its collaborative partners. The 2020 report, prepared by Silverlode Consulting, shows these businesses

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Record-Breaking Exits Mark Great Start to 2021

On the heels of a rollercoaster year, there are few things sweeter for a startup founder to hear than those three magical words: “It’s a deal.” This has been a common chorus around here lately, with an unprecedented four companies from our portfolio being acquired in less than two months: VizZle, PreEmptive, Wisr and MedPilot.

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$50m in investment capital coming to Northeast Ohio

Yesterday, the Ohio Third Frontier Commission approved $72.7 million in statewide funding that will provide capital to innovative startup companies, advance medical technology and foster young talent through a new High School Tech Internship Pilot Program. The High School Tech Internship Pilot Program will help develop and retain tech talent in Ohio by providing up

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Northeast Ohio gets a hefty share of Ohio Third Frontier Commission awards

Case Western Reserve University, Cleveland Clinic, JumpStart Inc. and several other organizations and small companies in Northeast Ohio are among the recipients of a total of nearly $73 million from the Ohio Third Frontier Commission. The commission late Wednesday, March 10, announced it had approved $72.7 million in funding “that will provide capital to innovative

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Ohio Providing Early-Stage Capital

Third Frontier Growing Technology Startups & Talent Today, the Ohio Third Frontier Commission approved $72.7 million in funding that will provide capital to innovative startup companies, advance medical technology, and foster young talent through a new High School Tech Internship Pilot Program. “We are investing in technology that will attract private capital from across the

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How An Entrepreneur Raised $3.8 Million For AI Vending Machine PopCom

Dawn Dickson-Akpoghene’s “high IQ” kiosks use AI, biometrics and computer vision to enable retailers to retain customers through data stored on the blockchain. With $3.8 million in funding, Popcom’s $20,000 unit is in Polaris Fashion Place in Ohio. Click the image above to watch the video, courtesy of Forbes.

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SoLo Funds Banks $10M Series A For Peer-to-Peer Lending

SoLo Funds is building an alternative to predatory lending through a new type of peer-to-peer lending in which strangers fund strangers asking for short-term personal loans for immediate needs. “Even before the pandemic, 70 percent of Americans were living paycheck to paycheck, and many didn’t have $400 in their savings account,” Travis Holoway, co-founder and

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Time2Talk app looks to make learning a language more accessible

Speaking and understanding a new language can be difficult and frustrating. Time2Talk helps tackle that problem by connecting users with native speakers in their home countries. The app, which was launched with Spanish coaches, allows people to practice the language at any time and pay a per-minute fee. “When you are in the process of

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