A strong startup ecosystem can make the difference between a promising idea and a successful business. The 1819 Innovation Hub partners with other incubators, investors, mentors and corporate partners in Cincinnati’s ecosystem. A key collaborator, Alloy Growth Lab, is recognized for helping entrepreneurs transition from concept to company by providing hands-on business development support, access to networks and a community where startups like Sense Neuro can find their footing.
“Collaboration is the key to elevating Cincinnati’s innovation economy. We are all about creating opportunities and a foundation where businesses can grow and thrive,” says Antony Seppi, vice president of Alloy Growth Lab. “When you connect the dots in Cincinnati’s startup ecosystem, you get success stories like Sense Neuro.”
Alloy Growth Lab is a nonprofit economic development entity focused on creating, developing and growing entrepreneurial endeavors. It offers startups not only physical resources, such as lab and office space, but also hands-on guidance, investor connections and collaborative opportunities that position founders for success in Cincinnati’s broader startup network.
The collective support, from UC’s Venture Lab to Alloy Growth Lab’s founder-focused programming, to regional investors like Queen City Angels, created a network of support that propelled Sense Neuro to secure $17 million in funding to date.
Queen City Angels, a lead investor in every round, has been a steadfast partner from the very beginning, playing a pivotal role in fueling the company’s growth and success.
Sense Neuro Diagnostics CEO Gary Kurdziel states, “Sense Neuro is living proof of what happens when a community rallies around bold ideas. Cincinnati’s startup ecosystem has united resources, expertise and passion to accelerate our growth, helping us transform breakthrough science into lifesaving technology that can redefine emergency neurocare and improve outcomes for stroke and brain injury patients worldwide.”
The startup also received support and funding from Accelerant Dayton, the U.S. Army Medical Research and Development Command, the National Science Foundation, St. Elizabeth Healthcare, the Cleveland Clinic and the Global Cardiovascular Innovation Fund. Additionally, Sense Neuro won two major U.S. Department of Defense contracts totaling $4.43 million to accelerate development and clinical testing.
Full story: UC 1819-backed startup Sense Neuro fueled by $17 million | University of Cincinnati