Akron, Ohio-based mobile health application service provider iRxReminder Llc has bagged $250,000 for its seed financing round, a statement about the funding said.
Seven local startup companies have received a total of $400,000 in grants from the Innovation Fund in Lorain County. Three companies received $100,000 and four received $25,000.
The Ohio Third Frontier Commission on Wednesday approved more than $15.8 million in grants and loans for cutting-edge technology companies and startups based in Northeast Ohio.
By finding its own way into advanced industries, Cleveland pioneered innovation strategies that might work for cities around the world.
Investors have poured another $2.5 million into Segmint, an Akron company that makes software designed to help marketers target individuals.
As an investor in Biolectrics, a company that makes a battery-powered mouthpiece – think sports mouth guard – that treats periodontal diseases with electric stimulation, Paul Ruflin began thinking about the device's potential in other applications.