Hot Investor Mandate: Medtech-Focused VC Invests €5-15M in Clinical- to Commercial-Stage Technologies in North America and Europe

The firm is a Europe-based venture capital investor specializing exclusively in medical technology. The firm typically invests €5M–€15M per company and manages dedicated investment funds focused on innovative medical devices and related technologies. The firm takes an active investment approach and can lead financing rounds or participate alongside other specialist investors. The firm primarily targets investment opportunities across Europe, Israel, and North America.

The firm focuses on medical technologies addressing significant cardiovascular, neurovascular, and other chronic disease indications. Areas of particular interest include structural heart disease, heart failure, aortic and peripheral vascular disease, stroke, hypertension, and electrophysiology. The firm also selectively evaluates neuromodulation, medical robotics, medical imaging, and patient monitoring technologies, particularly those with applications in cardiovascular and neurovascular care. The firm primarily invests in clinical-stage through commercial-stage medical technologies and does not target pharmaceuticals, biotechnology, healthcare services, or wellness products.

From a company and management team perspective, the firm seeks experienced medical technology entrepreneurs developing differentiated products that address significant unmet clinical needs. The firm takes an active role in supporting portfolio companies across clinical development, regulatory strategy, reimbursement, commercialization, financing, and international market expansion. The firm leverages relationships with physicians, hospitals, clinical research institutions, and industry experts to support product development and market access. The firm generally seeks active governance involvement following investment.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com. 

Hot Investor Mandate: VC Firm Invests from Seed to Pre-IPO in Novel Therapeutics and AI-Enabled Healthcare Technologies, With Strong Ties to China

The firm is an Asia-based venture capital investor managing multiple USD-denominated funds backed by institutional investors, including academic and healthcare organizations. The firm invests across the full company development spectrum, from Seed through Pre-IPO, and maintains flexibility in investment stage and financing structure. The firm is particularly interested in opportunities with a meaningful connection to China, including companies with Asian founders, cross-border development strategies, or commercial potential in Asian markets.

The firm invests across therapeutics, AI-enabled drug discovery, diagnostics, medical imaging, and other technologies at the intersection of artificial intelligence and healthcare. Within therapeutics, the firm has a particular interest in novel modalities, including drug conjugates, radiopharmaceuticals, and cell and gene therapies. The firm is broadly indication-agnostic but prioritizes therapeutic areas with substantial market potential, including oncology, immunology, central nervous system disorders, pain management, and kidney diseases. The firm generally prefers therapeutic programs from IND-enabling development through clinical stages, although earlier opportunities may be considered beginning at the preclinical candidate selection stage.

From a company and management team perspective, the firm seeks differentiated technologies with strong scientific foundations, compelling commercial potential, and opportunities for cross-border growth. The firm places significant emphasis on management team quality and prefers leadership teams with relevant pharmaceutical or biotechnology industry experience.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com. 

Hot Investor Mandate: Global Deep-Tech VC Invests in Healthcare, MedTech, Biotech, and AI with Southeast Asia Commercialization Support

The firm is a U.S.-based venture capital investor focused on deep-tech companies developing innovative technologies across healthcare, life sciences, and artificial intelligence. The firm manages multiple investment funds and is expanding its investment activities, with approximately 40% of its upcoming fund targeted toward healthcare and life sciences and the remaining 60% focused on AI and AI infrastructure. The firm invests globally, with a strong concentration of portfolio companies in the United States and a particular emphasis on connecting innovative companies with commercialization opportunities in Southeast Asia.

The firm invests across healthtech, medical technology, biotechnology, and deep-tech innovations with applications in healthcare and life sciences. The firm is broadly disease-agnostic and evaluates technologies addressing a wide range of healthcare challenges. Areas of interest include AI-enabled healthcare solutions, innovative medical technologies, biotechnology platforms, and technologies that improve clinical research, healthcare delivery, and operational efficiency. The firm is particularly interested in companies with technologies that can benefit from international clinical validation, regulatory development, and commercial expansion.

From a company and management team perspective, the firm does not impose specific requirements regarding management team composition or company structure. The firm differentiates its investment approach through hands-on operational and commercialization support, particularly for companies seeking expansion into Asian healthcare markets. Through its regional partnerships and healthcare innovation network, the firm can facilitate access to clinical research opportunities, healthcare systems, regulatory expertise, and commercialization resources. The firm also supports portfolio companies with market entry strategies, payer and reimbursement navigation, distribution partnerships, and broader business development initiatives.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com. 

Hot Investor Mandate: Cross-Border Asia-Based VC Invests in Life Sciences and Healthcare Companies, With Strong Focus on Therapeutics and Drug Discovery Platforms

The firm is an Asia-based venture capital investor focused on early-stage healthcare and life sciences companies. The firm manages multiple healthcare-focused investment funds and primarily invests from company formation and Seed through Series A and other early venture financing rounds. The firm can lead investments or participate alongside other institutional investors and takes a hands-on approach to building and supporting emerging healthcare businesses. The firm invests globally, with a particular emphasis on companies in their region and the United States and opportunities connecting the two life sciences ecosystems.

The firm invests across therapeutics, medical devices, diagnostics, digital health, and healthcare services, with a strong emphasis on innovative therapeutic platforms and drug discovery technologies. Within therapeutics, the firm is broadly agnostic across modalities and indications, prioritizing differentiated science addressing significant unmet medical needs. The firm is comfortable investing at the earliest stages of development, including platform technologies at proof-of-concept stage. For asset-focused therapeutic opportunities, the firm generally seeks sufficient preclinical validation to support the underlying scientific hypothesis. The firm also evaluates innovative medical technologies, molecular diagnostics, and technology-enabled healthcare solutions with strong commercial potential.

From a company and management team perspective, the firm seeks entrepreneurs and scientific founders developing differentiated healthcare technologies with strong scientific foundations and significant market opportunities. The firm actively supports portfolio companies through R&D and business strategy, management recruitment, investor syndication, strategic partnerships, and business development. The firm leverages relationships with pharmaceutical companies, academic institutions, healthcare organizations, and institutional investors to facilitate company growth and cross-border expansion. The firm can serve as a lead investor or co-investor and may seek board representation where appropriate.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com. 

RESI JPM 2027 on Track to Surpass Last Year’s 850 Investors and Licensing Partners

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

More than 100 investors and licensing partners have already confirmed for RESI JPM 2027, and we are on pace to pass the 850 who attended last year

That number deserves a second look. Most conferences report total attendance, which is mostly other companies. 850 is the buy side alone: venture capital, corporate venture, family offices, angel groups, strategic investors, and pharma business development teams. People with mandates and checkbooks, in one room, during the one week of the year when the entire industry is already in San Francisco.

Meet the Confirmed Investors 

RESI JPM runs in person on January 11 and 12 at the San Francisco Marriott Marquis, with three additional days of virtual partnering on January 13, 18, and 19. It is LSN’s largest conference of the year.

Why Density Is the Product

The hard part of early-stage fundraising is not the pitch. It is access.

Institutional calendars during JPM Week are locked months in advance, and an early-stage company without an existing relationship generally cannot get on them. The companies that do well that week are the ones who were already in the conversation.

RESI was built to change the math. Instead of chasing a handful of meetings around the city, you walk into a room with hundreds of active investors and licensing partners and you select who you want to meet before you arrive.

What Is Coming to RESI JPM 2027

The confirmed group spans the full early-stage ecosystem: venture capital, corporate venture arms, family offices, angel groups, strategic investors, and pharma and medtech business development. Mandates cover therapeutics, diagnostics, medical technology, digital health, and platform technologies, across preclinical through Phase 2.

How to Get the Most Out of It

  • Partnering meetings. Our system lets you filter the investor audience by stage, indication, geography, and check size, then request meetings directly. You build your own schedule rather than hoping for a hallway encounter.
  • The Innovator’s Pitch Challenge. Present to a live investor panel, get scored feedback in front of the room, and put your company in front of people who are evaluating in real time. Applications close on Wednesday, November 11.
  • Three virtual partnering days. January 13, 18, and 19 extend your reach to investors who could not travel, including a large international contingent who partner with us remotely.

Register

Registration is open now, and the investor count is still climbing. The earlier you register, the earlier you can start requesting meetings against the confirmed list.

Register for RESI JPM 2027

Watch the Asset Flow, Not the Equity Flow: What I Learned at BioJapan

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

I recently returned from BioJapan, and the one takeaway I want to share with my global network is this: stop viewing Asia Pacific as a single market.

Regulations on both sides of the Pacific have made equity deals between the US and China much harder. But capital hasn’t stopped moving. It has changed form. Where equity deals run into friction, pharma licenses the asset instead. Chinese biotechs out-licensed $60 billion of assets in the first quarter of this year alone, up 73% from the same period a year earlier. That includes AstraZeneca’s deal with CSPC worth up to $18.5 billion. Large pharma faces a steep patent cliff before 2030, so its appetite for clinical-stage assets isn’t going away.

So watch the asset flow, not the equity flow. Here is what actually changed for me in Japan. I went in thinking about APAC as one market with local variations. It isn’t. It is three markets with three completely different jobs, and once you see them separately, the whole region stops looking confusing.

Three Markets, Not One

Each market plays a different role. China produces more assets than its domestic capital can absorb. Australia and Southeast Asia have the clinical infrastructure others can use. Japan and Korea stand out because they have both: a growing supply of academic innovation and deep corporate balance sheets looking for it.

Region Sell Side
(Early-Stage Assets)
Buy Side
(VC / PE / Pharma)
Characterization
Mainland China A large volume of high-quality assets, many moving faster than domestic capital can fund them Domestic equity is selective and US venture investment has pulled back, while global pharma licensing runs at record levels “The Asset Reservoir”
Japan, South Korea, & Taiwan A deep, largely untapped pool of academic assets, alongside mature platforms: ADCs and regenerative medicine in Japan, AI-driven discovery and diagnostics in Korea. Taiwan continues to produce world-class assets Active corporate venture arms and well-capitalized conglomerates “The Strategic Capital Track”
Australia & Southeast Asia Excellent trial infrastructure producing fast, high-quality human data Cross-border investors using local efficiency as a launchpad for global programs “The Clinical Fast Track”

Japan: Where Assets Meet Capital

Universities such as the University of Tokyo, Kyoto University, Keio University, Osaka University, Kobe University, and the University of Tsukuba, with RIKEN anchoring the discovery end, are producing a remarkable range of new assets across drugs, devices, diagnostics, and digital health. What’s new is a coordinated government effort to carry those assets to market:

  • AMED runs a 2:1 double match-up program. When a registered VC invests in a Japanese drug discovery startup, AMED can add up to twice that amount in non-dilutive funding, awarded per pipeline rather than per company, so a startup with three approved programs can draw on it three times.
  • MEDISO, under the Ministry of Health, Labor and Welfare, pairs ventures and university spinouts with experts in regulatory affairs, international development, and fundraising.
  • J-Bridge, run by JETRO, connects international innovators with Japanese corporates.

Three state-backed institutions, answering to different ministries, are working on the same bottleneck, and regional clusters are carrying that work into the field. For global investors and partners, that means Japanese assets now arrive better funded and better prepared, and Japanese corporate capital is easier to reach than it has been in years.

One Japanese advantage almost nobody prices correctly: Japan maintains a conditional, time-limited approval pathway for regenerative medicine products that can grant market access on evidence of probable benefit. No other major market offers that. If you have a cell or gene therapy and have never looked at Japan as a first market rather than a third one, you are leaving an option unexercised.

KBIC, the Kobe Biomedical Innovation Cluster, and LSN are working together to strengthen the commercialization pathway for Japanese life science companies through entrepreneur education, company preparation, capital formation, and international business development. At BioJapan in October, LSN presented joint sessions with KBIC, including one alongside MEDISO, on startup readiness and global fundraising.

RESI Asia: Tokyo and Kobe

That is why RESI is coming to Japan. RESI Asia Japan convenes in Tokyo on April 13, 2027, for global partnering. We expect to announce more events around RESI before and after the 13th

The Bottom Line

Regulatory boundaries have changed the rules, but pharma’s appetite for licensing shows the underlying science has never been more valuable. Watch the asset flow, not the equity flow. I look forward to seeing many of you in Tokyo next April.

RESI Asia Japan Registration:

Japan-base Registration (JPY)
Non-Japan-base Registration (USD)

Synaptic Bio, First-Place IPC Winner at RESI Boston: Building a Next-Generation Checkpoint Therapy

Synaptic Bio, the First-Place winner of the Innovator’s Pitch Challenge at RESI Boston, is advancing a tetravalent bispecific antibody designed to improve both the efficacy and tolerability of cancer immunotherapy. In this interview, the team shares how SYB302 applies immune synapse biology to PD-1 therapy, its path toward the clinic, and the investor and partnering conversations sparked at RESI. 

Yotam Levin
CEO and Co-Founder at Synaptic Bio
Caitlin Dolegowski
Program Director, LSN

Caitlin Dolegowski (CD): Introduce Synaptic Bio and the unmet need you are addressing in cancer immunotherapy. 

Yotam Levin (YL): Synaptic Bio is a spinout from Dr. Adam Mor’s lab at Columbia University, building bispecific antibodies around the biology of the immune synapse, the interface where a T cell and a tumor cell engage. Our lead program, SYB302, pairs a next-generation PD-1 blocker with IL-25 neutralization in a single asset. Checkpoint inhibitors (ICIs) transformed oncology, but they leave a lot of patients behind. Roughly 800,000 people in the US are treated with ICIs each year, but an estimated 480,000 don’t respond. About half overall develop immune-related adverse events, an expected side effect of bolstering the immune system, and an estimated 140,000 patients have to stop therapy because of severe ones. So there are two problems: too few patients respond, and too many who do respond are forced off a drug that was working. We designed SYB302 to address both concerns.

CD: How does your tetravalent bispecific platform, including SYB302, leverage immune synapse biology to differentiate it from existing checkpoint therapies? 

YL: Today’s PD-1 antibodies mainly work by blocking PD-1 from binding its ligand. SYB302 adds a physical mechanism. Its PD-1 arms are long, and the molecule is larger than a standard antibody. That size pushes PD-1 out of the immune synapse so it can’t suppress the T cell. We have a cool movie on our website at www.synaptic-bio.com to show this. The tetravalent design adds a second mechanistic layer. IL-25 is a homodimer, so each IL-25 molecule can bridge two SYB302 antibodies. That clusters PD-1 on the T cell surface and drives its internalization and degradation. IL-25 is abundant in the tumor microenvironment, so the effect is strongest where we want it. IL-25 is also a driver of immune-related toxicity. Neutralizing this cytokine gives us a built-in safety brake. In preclinical models, including colon, melanoma, and bladder tumors, SYB302 showed stronger tumor control than anti-PD-1 with markedly less organ damage. A single antibody designed to improve both efficacy and tolerability – we have not seen any other antibody that does both.

CD: What are the most important scientific or development milestones over the next 12 to 18 months? 

YL: Our focus is moving SYB302 from a mature Development Candidate toward the clinic. The key milestones are:

  1. Stable cell line and process: completing cell line development and defining the manufacturing process, targeted around month 9 after funding.
  1. FDA engagement: a pre-IND meeting, targeted around month 12.
  1. GMP and toxicology: starting GMP manufacturing and GLP toxicology, leading to an IND submission at about month 24.

In parallel, we’ll expand our preclinical data in colorectal cancer and other indication-specific models, characterize IL-25 as a potential patient-selection biomarker, and advance the manuscript describing the SYB302 data. Colorectal cancer, particularly the MSS subtype that responds poorly to current checkpoint inhibitors, is our lead indication. CRC is a very prevalent disease with few treatment options. As supported by the biology of IL-25, this tumor shows that having high levels of IL-25 correlates highly with poor overall survival.

CD: What did being named First Place winner of the Innovator’s Pitch Challenge at RESI Boston mean to your team? 

YL: It was a meaningful validation, especially coming from an audience of investors and industry experts who evaluate hundreds of stories a year. Our science comes from a university lab and takes a different approach to PD-1 biology, so it’s rewarding to see that message resonate with people who understand the field. It also reinforces our conviction that the next generation of checkpoint therapy needs to deliver both better efficacy and better tolerability.

Preparing for the pitch was fun, because we had to distill a 30 to 60-minute story into a mere six minutes. This forced substantial simplification on one hand, but it also required us to ensure a sophisticated audience gets what they came for – understanding the essence of what we do. The most critical listener in the audience was, of course, Professor Mor – the fact that he liked the presentation was yet another award.

CD: What aspects of the RESI experience, including the pitch, judge feedback, or partnering conversations, were most valuable? 

YL:

  1. The pitch: We had to make multiple decisions on what to leave behind and not share. It’s like asking – of the 12 major value propositions of your assets, what are the one and a half that you really need to focus on?
  2. Judge feedback: The judges were very insightful, despite the brevity of the presentation and lack of detail. One asked about breakdown of budgets and its assumptions, identifying some assumptions we’ve taken without showing them. I was happy we could answer the questions quickly without to use backup slides for an answer.
  3. RESI Sessions: We really enjoyed the panels because they brought industry leaders and experienced investors. We could get a much better feel for what individual fund managers expect to see, how they differ from one another, how to overcome the overwhelming noise of hundreds of pitches and business plans, and whether or not there is a likely fit with certain parties. Meeting these investors in person instead of through email, Zoom, or networking apps made all the difference.

CD: Did RESI Boston lead to any meaningful investor, strategic partner, or scientific conversations that you expect to continue? 

YL: Yes. We had productive conversations with a few investors and potential strategic partners, and several are in the funnel. I can’t share specifics of course, but the interest has been in both SYB302 and the broader platform.

CD: What types of investors or strategic partners would be most valuable, and why should other early-stage companies consider the Innovator’s Pitch Challenge? 

YL: We’re looking for partners who understand the immuno-oncology landscape and can support a long development path. That includes biotech-focused venture investors for our seed financing, and strategic partners in oncology and immunology who see the value of a differentiated PD-1 backbone. For our lead asset, we prefer traditional seed funding; for our additional assets in Type2 inflammation we also foresee single-asset licensing, option-based co-development or a strategic investment. We think corporate VCs could be a natural fit, because they have deep scientific expertise but also an eye for market access. Our strongest asset is our science, data, and results – having experienced investors in our team would go a long way.

Apply to Pitch at RESI JPM 2027