Oct 15, 2021 - Business

Columbus startup funding up 554%

Tyler Buchanan

Illustration of a check folded into a paper airplane carrying an app button. — Illustration: Annelise Capossela/Axios

Startup funding in Columbus has officially rebounded from a pandemic drop-off last year.

More than $250 million in investments has gone to area tech companies in Q3 2021, per data from Pitchbook.

Why it matters: The investments range from seed money to later stage rounds, a sign Columbus serves to benefit brand-new startups as well as growing companies.

Deals range from a $100M Series C investment in robot manufacturer Path Robotics to a $1M angel investment for contactless alcohol ordering service Refill Technologies.

By the numbers: The $255 million invested in Columbus companies in Q3 is a 554% increase compared to the same quarter last year.

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Columbus startup funding up 554%

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