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Ohio Tech Angel Fund Ranks First in U.S.

The Ohio TechAngel Fund, an investment organization that got its start in New Albany investing in high growth, early-stage ventures, was recently ranked first in the nation by the Angel Capital Association, a trade association of investment groups.

Founded by New Albany resident, John Huston, the 282 angels that make up the investment group support early-stage, Ohio-based information technology, advanced materials and medical technology companies. The company’s first two funds are fully invested, but Fund III is now seeking to facilitate risk-sharing on opportunities with high upside potential. It works closely with the state of Ohio and other Midwest angel firms.

Read more at Entrepreneur, the online and print magazine for entrepreneurs and small businesses or read an Innovate New Albany Q&A with Huston.

Innovate New Albany, the city’s incubator for technology startups, entrepreneurs and small businesses, features 16,000 square feet of space within the New Albany Business Park’s Signature Office Building, 8000 Walton Parkway.

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