The fund's LPs include Ohio State University, Ohio Third Frontier and several corporations.
US-based venture capital firm Rev1 Ventures launched a $22m fund on Tuesday that attracted a commitment from Ohio State University.
The fund also secured commitments from corporate backers including healthcare provider Cardinal Health, energy utilities AEP Ohio and IGS Energy, insurance companies Nationwide and State Auto Insurance, metals manufacturer Worthington Industries, conglomerate Crane Group, publisher Dispatch Printing Company, philanthropic outfit Columbus Foundation, Rev1 Ventures and the firm’s management team.
The fund also obtained an $8m loan from Ohio…
