CincyTech receives healthy interest for fourth fund

Apr 19, 2016 • Robert Lavine

CincyTech, a US-based venture development organisation focusing on digital and life science technology companies, closed a $30.8m fund on Friday backed by two healthcare providers.

Cincinnati Children’s Hospital Medical Center and UC Health were joined in the $20.8m equity portion of the fund by LPs including professional services firm Castellini Management Company, financial services provider Western & Southern Financial Group, and foundations Interact for Health and Greater Cincinnati Foundation.

A total of 12 institutional investors committed capital to the fund…

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