Significant Growth, Huge Stories: January 15, 2019 Portfolio Update
OIF Portfolio Companies Achieve Major Goals and Gain Coverage
2019 is here, and the Ohio Innovation Fund’s portfolio companies are starting the year off with a bang, passing major milestones and earning key media attention. Continue reading to learn what achievements our portfolio companies have made in late 2018 and early 2019.
Enormous Expansion is on the Horizon for Eccrine Systems
On the heels of gaining a crucial patent for a device that helps with on-body sweat analysis, sweat sensor development company Eccrine Systems Inc. announced plans to expand its Cincinnati-based research and development capabilities. This major endeavor, supported by a $400,000 JobsOhio Economic Development Grant, is expected to double Eccrine Systems’ workforce, adding 50 jobs over three years.
Enable Injections is Subject of a Major Newspaper Feature
The Cincinnati Enquirer published an exhaustive profile of self-injection delivery company Enable Injections, following the company’s history, product development and impact on the pharmaceutical delivery industry. The lengthy story also explores the future of the company and its enFuse Injector, noting its ease of use, its attractiveness to large pharmaceutical and health care companies, and the ways it could benefit those who have difficulty making regular hospital trips.
Cincy Inno recently its Startups to Watch heading into 2019, including OIF portfolio companies Enable Injections, Eccrine Systems Inc., Genetesis Inc. and ConnXus. Read about it here.
Mezu CEO is One of Cleveland’s Most Interesting People
Cleveland Magazine recently released its list of the city’s 30 most interesting people going into 2019, and alongside actress Kathryn Hahn (Bad Moms), Cleveland Cavaliers forward Larry Nancy Jr. and veteran TV journalist Geraldo Rivera is Yuval Brisker, co-founder, president and CEO of privacy-conscious payment app Mezu. The brief write-up on Brisker – which the magazine plans to expand into a full-length feature – highlights his commitment to privacy and the innovative nature of the app.