Cincy cultivates its biotech landscape
New York-based preclinical drug investment and development firm Orange Grove Bio and the University of Cincinnati announced a partnership intended to cultivate the Cincinnati biotech landscape by expanding entrepreneurship, education, and scientific translation of promising technologies coming out of the Cincinnati Innovation District (CID). UC’s 1819 Innovation Hub will be the location for the company’s corporate headquarters.
UC researches liver cancer treatment
University of Cincinnati researchers are preparing to launch one of the first U.S. clinical trials that will study how a combination of immunotherapy and transplant can improve outcomes for liver cancer patients. Davendra Sohal, MD, associate professor of medicine, director of experimental therapeutics, clinic medical director in UC’s Division of Hematology/Oncology and a UC Health physician, will lead the trial.
Miami U get $2 million for new projects
With more than $2 million in funding from the Ohio Federal Research Network (OFRN), Miami University College of Engineering and Computer Science faculty will launch two new projects to advance science and technology innovation to support U.S. national security initiatives. One project will be to develop better power electronics for commercial and military aircraft. The other is to create electronically dimmable protective eyewear.
Kroger launches private advertising market
Kroger Precision Marketing, powered by retail data science company 84.51°, announced the launch of its new private programmatic advertising marketplace. The new offering allows brands to reach shoppers across the internet, using their own demand-side platform and then optimize performance against actual retail sales.
Lightship Foundation expands to CID
Lightship Foundation, a non-profit foundation dedicated to empowering minority-led entrepreneurs across the nation, will establish its headquarters in the Cincinnati Innovation District (CID). Lightship will convert two properties into collaborative spaces for students, artists, designers, entrepreneurs, and minority-led startups.
Coterie raises $50 million
Blue Ash-based insurtech startup Coterie Insurance has closed a $50 million Series B financing round. The Series B was led by Weatherford Capital, a private investment firm with offices in Tampa and Dallas, alongside existing investors RPM Ventures, Intact Ventures, Group 1001 and Alpha Edison.