A venture philanthropy fund based in the Western US makes equity investments of varied amounts; significant previous investments have ranged from $1-5 million. The fund invests globally, and will make between 2-3 allocations in the next 6-9 months.
The venture philanthropy group invests primarily in therapeutics to treat a specific orphan disease. However, the fund is open to exploring any therapeutic technology, and has recently invested in small molecule drugs. The fund considers projects are at a range of development stages, from preclinical/drug discovery to Phase II trials for repurposed drugs.
The fund looks for experienced researchers with prior records of success, and projects from both public and private companies are considered.
