Ohio TechAngels Fund

Ohio TechAngels Fund (OTAF), established in 2004, is a prominent early-stage investment group based in Columbus, Ohio. Its primary mission is to provide crucial seed and early-stage capital to high-growth potential companies within Ohio, focusing on facilitating the commercialization of innovative technologies. OTAF plays a vital role in nurturing the state's entrepreneurial ecosystem by bridging the funding gap for nascent ventures, particularly those emerging from research institutions and startups with strong intellectual property.

OTAF primarily targets companies operating in key technological sectors, including information technology, life sciences, advanced materials, and energy. The fund typically provides initial investments ranging from $250,000 to $750,000. These investments are often part of larger funding rounds, as OTAF frequently co-invests with other angel groups, venture capital firms, and strategic partners. This collaborative approach allows portfolio companies to access more substantial capital and broader networks, accelerating their development and market entry.

With over 70 investments to date, Ohio TechAngels Fund has significantly contributed to the growth of numerous Ohio-based startups. The group is known for its hands-on approach, offering not just capital but also mentorship and strategic guidance to its portfolio companies. Their commitment extends beyond initial funding, often providing follow-on capital to support continued growth and scale. OTAF's consistent presence and strategic investments underscore its importance in fostering innovation and economic development across Ohio.