Rev1 NCH Fund I (Life Sciences Fund)
Funding Amount
$5,500,000
Deadline
Deadline not published
Grant Type
Foundation
Deadline history & next window
- Cycle
- One-time opportunity
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Overview
A $5.5 million fund created through partnership between Rev1 Ventures and Nationwide Children's Hospital to support healthcare innovation and research-based spinouts.
Geographic Scope: Central Ohio / Columbus region
Fund Size: $5.5 million
Focus Areas:
- Healthcare startups and spinouts
- Research-based healthcare companies
- Life sciences and medical innovation
- Spinouts from The Research Institute at Nationwide Children's
Key Features:
- Support for growth and development of research-based healthcare spinouts
- Access to research facilities
- Business expertise
- Strategic services
- Funded by $2.75 million loan from Ohio Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program
- Rev1 Ventures is also an investor in the fund
Partners:
- Rev1 Ventures
- Nationwide Children's Hospital
- Ohio Third Frontier
- The Research Institute at Nationwide Children's
Contact Information:
- Rev1 Ventures
- Phone: (614) 487-3700
- Address: Rev1 Labs, 1275 Kinnear Rd. Columbus, Ohio 43212 or Rev1 at The Peninsula, 330 Rush Alley Suite 100, Columbus OH 43215
- Email: Press (at) rev1ventures (dot) com
What REV1 Ventures actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 7
- Total given
- $960K
- Median grant
- $110K
- Range
- $100K–$250K
- By dollars: Ohio 100%. Top recipient cities: Columbus, OH; Athens, OH; Worthington, OH.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Hyperpath · Athens, OH
Employee costs,equipment, supplies
$250K
Lacclamp · Columbus, OH
Employee costs,equipment, supplies
$150K
Objective Hearing · Worthington, OH
Employee costs,equipment, supplies
$150K
Genosera · Columbus, OH
Employee costs,equipment, supplies
$110K
Arma · Columbus, OH
Employee costs,equipment, supplies
$100K
Focus Areas & Funding Uses
Fields of Work
- Startups
- Technology
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