Hot Life Science Investor Mandate 2: CVC Arm of Hi-Tech Company Seeking Connected Device Opportunities

19 Mar

The corporate venture arm of a hi-tech company currently manages a total of $850 million in assets, and is looking to make equity investments ranging from $2-$5 million with the ability to allocate up to $10 million generally in series A-C rounds. The majority of the fund’s investment has been throughout the United States though the fund has invested and is willing to invest internationally as well. The fund is actively reviewing new opportunities and can make 3-4 investments over the next year.

The fund is currently interested in sectors of Medical Devices, Diagnostics and Healthcare IT that increase connectivity in the healthcare ecosystem. The fund is particularly interest in verticals of Health and Wellness, Chronic Disease Care, Aging in Place, Telemedicine, Genomics, Patient Monitoring, Clinical Trails Management, Mobile Software Healthcare IT Applications, and Electronic Medical Records Management. The fund is willing to invest in devices with 510k pathways; however the fund is not currently considering highly invasive medical devices.

The fund is looking for privately held companies with experienced management teams. The fund generally looks to take a board or observer seat following investment and is willing to both lead and co-invest.

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

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