INNOVATION FUND MANAGEMENT LLC
INNOVATION FUND MANAGEMENT LLC is a Pre-seed, Seed, Series C+, mid-stage, early-stage and other fund in Ohio, the US, Belgium, Northeast Ohio, Southwestern Pennsylvania, Global, London, Washington D.C. and Nairobi writing $50K–$150K checks into AI, Climate, Enterprise, Fintech, Healthcare, information-technology, agriculture, manufacturing, advanced-manufacturing, agriculture-technology, healthcare-services, life-sciences, material-science, biosciences, process-technology, hygiene-and-cosmetology, recycling-technology, technology, biotechnology, consumer-products, drug-discovery, electronics, hardware, healthcare-it, medical-devices, robotics, software, health-well-being, sustainable-ecosystems, clean-energy, agritech, circular-economy, education, human-centric-technologies, ethical-ai, iot, big-data, medical-systems, therapies, drugs and health-and-wellbeing.
- Stages
- Pre-seed, Seed, Series C+, mid-stage, early-stage, other
- Sectors
- AI, Climate, Enterprise, Fintech, Healthcare, information-technology, agriculture, manufacturing, advanced-manufacturing, agriculture-technology, healthcare-services, life-sciences, material-science, biosciences, process-technology, hygiene-and-cosmetology, recycling-technology, technology, biotechnology, consumer-products, drug-discovery, electronics, hardware, healthcare-it, medical-devices, robotics, software, health-well-being, sustainable-ecosystems, clean-energy, agritech, circular-economy, education, human-centric-technologies, ethical-ai, iot, big-data, medical-systems, therapies, drugs, health-and-wellbeing
- Check size
- $50K–$150K
- Invests in
- Ohio, US-wide, Belgium, Northeast Ohio, Southwestern Pennsylvania, Global, London, Washington D.C., Nairobi
- Round role
- Leads rounds
Thesis
INNOVATION FUND MANAGEMENT LLC is a registered Exempt Reporting Adviser with a broad investment mandate that encompasses various "Innovation Fund" entities, each with distinct strategies. The overarching theme involves investing in innovation across multiple sectors and stages. For instance, Innovation Fund America, a non-profit VC founded in 2007 in Ohio, focuses on energy, healthcare, IT, and manufacturing, acting as a lead investor in later-stage VC deals. The Innovation Fund in Belgium (founded 2015) targets healthcare services, life sciences, and material science, aiming to commercialize scientific discoveries. Fundrise Innovation Fund concentrates on technology companies, employing a thematic approach across mid- and late-stage private tech, with some public equities and liquid assets. Innovation Fund (Northeast Ohio) specifically supports pre-seed tech startups in its region with awards up to $150,000. Global Innovation Fund (GIF) provides risk capital globally. Innovation Works supports startups in Southwestern Pennsylvania across advanced materials, AI, biotech, cleantech, and more. Nexus Innovation Fund focuses on health, sustainable ecosystems, fintech, education, and human-centric technologies, leveraging corporate partnerships. Geographic scopes vary from regional (Ohio, Pennsylvania) to global (Belgium, London, D.C., Nairobi). While specific AUM for INNOVATION FUND MANAGEMENT LLC is not detailed, some related entities report significant investment activity, such as Fundrise Innovation Fund investing over $100 million and Innovation Fund (Northeast Ohio) providing over $19 million to numerous companies.
Common questions
Does INNOVATION FUND MANAGEMENT LLC invest at the Pre-seed stage?
Yes. INNOVATION FUND MANAGEMENT LLC lists Pre-seed, Seed, Series C+, mid-stage, early-stage and other among the stages it invests in.
What check size does INNOVATION FUND MANAGEMENT LLC write?
INNOVATION FUND MANAGEMENT LLC writes $50K–$150K checks.
Where does INNOVATION FUND MANAGEMENT LLC invest?
INNOVATION FUND MANAGEMENT LLC invests in Ohio, the US, Belgium, Northeast Ohio, Southwestern Pennsylvania, Global, London, Washington D.C. and Nairobi.