Fusion Fund launches in Ohio

Bounce Innovation Hub, Acquire Investments and JumpStart Inc announced the launch of Fusion Fund, a $20-million, for-profit venture fund aimed at growing companies in and around Ohio. The fund will make seed and early-stage investments in advanced materials, life sciences and tech companies located within a four-hour radius of Akron, Ohio. The fund is currently in due diligence with several companies and looking to raise additional capital, from private and institutional sources, to reach the $20 million target.

Source: Press release