Zachary Ellis was the director of new ventures at Ohio State University for over three years but has left to join the institution’s long-time partner Rev1 Ventures.

Zachary Ellis has stepped down from his position as director of new ventures at Ohio State University (OSU) to become managing director at venture capital firm Rev1 Ventures.

He joined OSU in mid-2017, having previously been manager of PepsiCo Technology Ventures, the corporate venturing arm of food and beverage producer PepsiCo for three years.

The university and Rev1 Ventures have been working together for years, having launched the $5.5m Rev1 Life Sciences Fund I in 2016 together with Nationwide Children’s Hospital. All three joined forces once more in December 2019 to launch the $15m Rev1 Catalyst Fund II.

OSU does not appear to have identified a replacement for Ellis yet. New Ventures is the unit within OSU’s Corporate Engagement Office responsible for spinouts, and is led by senior director Cheryl Turnbull.

– Image courtesy of OSU