Hot Life Science Investor Mandate 2: Family Office Medtech Fund Interested in Dental, Aesthetics and Mobile Tech

25 Nov

A family office based on the US East Coast has a venture fund that makes direct venture investments in healthcare and technology startups. The fund was established by successful entrepreneurs and investors to meet the need for seed and early stage funding for life science and healthcare companies. The fund has an evergreen structure and can allocate up to $3M (in equity or loans) per company. The fund seeks to invest in companies based in the US. The fund is actively seeking new investments and looks to make about 2 allocations in the next 6-9 months.

In the life sciences, the fund is currently seeking to invest in early stage medical devices. The fund is opportunistic in terms of subsectors and indications, but generally does not invest in devices that require a PMA, or which will require over $50 million in total development costs. The fund is particularly interested in dental devices, cosmetics, and mobile technology.

The firm requires a board seat in each portfolio company. The firm seeks a company with a strong management team or technical experts in the relevant technology.

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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