UC-backed Startups Receive Funding Boost
Two University of Cincinnati-backed startups have been awarded $200,000 each from Ohio’s Technology Validation and Startup Fund, a $1.4 million state grant. The startups, based on UC technology and supported by the UC Tech Transfer team and the 1819 Venture Lab, are among the select few to receive this funding.
Statewide Influence Grows for 1819 Innovation Hub
Ohio leaders looked to UC’s 1819 Innovation Hub throughout 2024 as the state’s front-runner in innovation expertise and technological know-how, demonstrating the hub’s growing influence across the state. The hub continues to play a crucial role in fostering innovation and supporting startups.
Breakthrough Startup Acquisition
Subterra, a pioneering startup that emerged from the University of Cincinnati 1819 Innovation Hub’s Venture Lab pre-accelerator program in 2018, was recently acquired by global solutions provider IDEX Corporation for $7.5 million. Founded by Robert Lee, Subterra revolutionizes sewer and pipeline infrastructure monitoring through its innovative, AI-driven technology, aligning with IDEX’s family of business solutions. This acquisition marks a significant milestone for the startup and highlights the impact of UC’s innovation ecosystem.
