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KY Innovation

KY Innovation

Frankfort, Kentuckykyinnovation.com

Overview

KY Innovation is a state government initiative by the Kentucky Cabinet for Economic Development that provides funding, resources, and support to entrepreneurs and high-tech, high-growth-potential startups.

Year Founded

2001

Portfolio Companies

7

Investments

KY Innovation investments
CompanyDateStageLead
Carina MedicalFeb 2022GrantCo-investor
ElectraMet-GrantCo-investor
HeXalayerJul 2025GrantLead
PascalJul 2023GrantCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is KY Innovation based?

KY Innovation is headquartered in Frankfort, Kentucky, United States.

When was KY Innovation founded?

KY Innovation was founded in 2001.

How many portfolio companies does KY Innovation have?

KY Innovation has 7 portfolio companies in Caplight's dataset.

What are some companies in KY Innovation's portfolio?

Portfolio companies visible on Caplight include Carina Medical, ElectraMet, HeXalayer, Pascal.

What was KY Innovation's most recent investment shown here?

KY Innovation's most recent investment in this portfolio sample was in HeXalayer in 2025.

What sectors does KY Innovation focus on?

KY Innovation focuses on Healthcare & Life Sciences, Consumer & Commerce, Media, Entertainment & Gaming, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability, Telecommunications & Networking, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Media, Entertainment & Gaming, Consumer & Commerce, AI, Data & Cloud Infrastructure.

What company stages does KY Innovation focus on?

Stage focus information for KY Innovation is not publicly available.

Firmographic Details

HeadquartersFrankfort, Kentucky
Year Founded2001

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