The City of Columbus and Ohio State University are partnering with a venture capital firm to develop technology and biotech startup space in Franklinton and on campus.
Columbus venture capital firm Rev1 Ventures, with the help of the city, will open 43,000 square feet in Franklinton’s Peninsula development late next summer, designed to house its own offices and high-tech startups. It plans to lease space for what it calls “Software Array.”
Following the move, Rev1 plans to partner with Ohio State University to establish a lab for life science startups at the university’s Carmenton Technology and Bio Campus at Lane Avenue and Kenny Road.
“This is the first space like this in the Columbus area,” said Rev1 CEO Tom Walker. “Startups need flexible space to grow their companies.”
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