Founded in 2016 in Columbus, Ohio, the fund invests in technology and life sciences companies based in or connected to Ohio. It has a diverse portfolio of startups, including S4 Medical, EmployStream, eFuse, Complion, Stirling Ultracold, DAtAnchor, and Enable Injections. Ohio Innovation Fund has made 24 investments as of April 2020 and is known for its active involvement in 2-6 deals per year. The fund typically invests in rounds with four participants and focuses on enterprise software and software startups. It has a preference for startups that are 4-5 years old and typically invests in deals ranging from $10-50 million. Ohio Innovation Fund is committed to supporting the growth and development of Ohio's technology and life sciences industries.