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Hot Mandate: China-Based VC Strongly Interested In Growth-Stage Healthcare IT and AI & Big Data Applications in Life Sciences

15 Mar

Founded in 2012 and based in Shenzhen, China, a venture capital backed by 79 local corporations manages 150 million CNY fund (~21 million in USD). The firm typically takes exit in 5 to 7 years after investing. While the allocation size can largely vary, the firm mainly focuses on growth-stage companies that already have clinical data or got FDA/CFDA approved.

The firm has strong interests in novel diagnostics technologies, especially IVD, and they pay close attention to healthcare IT, and AI & big data applications in life science. The third hot spot for the frim is medical devices, especially surgical robots. The novel service platform with the technologies of cell or gene area. The firm has a strong focus on companies that can provide solutions on cardiovascular disease, oncology, orthopedics, central nervous system disorders, and Endocrine system disorders.

The firm invests globally but prefers companies with a Chinese angle and the series entrepreneurs.

If you are interested in more information about this investor and other investors tracked by LSN, please email 4dmeetsai@lifesciencenation.com.

Hot Mandate: Corporate Venture Capital Invests in Customer-Centered Health Strategies, Including AI Applications in Healthcare

15 Mar

A venture capital arm of a multination corporation has several offices in the USA including Boston, MA and Menlo Park, CA. The firm has approximately $2B AUM and has invested $200M in 40 companies in 2016. The investment size varies, depending on the opportunity. The firm is actively seeking new investment opportunities in the life sciences and will look globally.

The firm invests in customer-centered health strategies, which may include mobile health IT, digital health, and artificial intelligence applied to healthcare. The firm is also interested in therapeutics, particularly synthetic biology, nanotechnology, and gene therapy. The firm is opportunistic in terms of stage of development.

The firm primarily invests in life science companies with a strong and experienced management team. The firm usually takes a board seat.

If you are interested in more information about this investor and other investors tracked by LSN, please email 4dmeetsai@lifesciencenation.com.

Introducing Healthtech Partnering Week Innovator’s Pitch Challenge Finalists

11 Mar

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

claireLife Science Nation (LSN) is pleased to announce next week’s Healthtech Partnering Week (HPW) Innovator’s Pitch Challenge finalists. The Innovator’s Pitch Challenge is an opportunity for early-stage companies to gain additional exposure to conference attendees, pitch directly to a panel of relevant investors, and participate in a live Q&A session.

Pitching opportunities at LSN partnering events are popular events for startups and investors alike. They provide exposure and experience to the companies, while providing investors with insight into the latest technology organized by sector and interest. Check out our finalists and select a logo to learn more about their participation. Registration is still open, so don’t miss out and sign up today!

Innovator’s Pitch Challenge Finalists

 

Announcing McDermott Will & Emery HPW Workshops

11 Mar

By Gregory Mannix, Vice President International Business Development, LSN

Life Science Nation (LSN) is thrilled to welcome McDermott Will & Emery as Title Sponsor of Healthtech Partnering Week (HPW) with two live workshops accessible to registered attendees of Redefining Early Stage Investments (RESI) and 4D Meets AI.

McDermott Will & Emery has brought valuable insights to LSN’s community of early-stage fundraising companies, investors, service providers, and strategic partnerships for years, and we look forward to bringing their content to the digital stage next week. There’s still time to register for HPW – Sign up for access to McDermott Will & Emery workshops and more!

Negotiating Term Sheets: What’s Best for the Company and What’s Best for You?
Live Workshop! March 16 | 1 PM EDT (Register for RESI Access)

Instructors:

  • Nancy Briefs, President & CEO, AltrixBio, Inc.
  • David Hendren, Managing Director, Augmentum Ventures
  • Mark Mihanovic, Partner, McDermott Will & Emery
  • Aroma Sharma, Partner, McDermott Will & Emery

This interactive workshop, organized and led by McDermott Will & Emery, will provide wisdom to early-stage CEOs and management on the latest trends in term sheets, with a focus on founder and management equity opportunities. The workshop will cover common issues of concern to entrepreneurs (valuation/dilution, liquidation preference, board makeup, protective provisions, anti-dilution). Experts from the legal, investment and entrepreneurial community will discuss the interplay of financing milestones in the term sheet discussion. Learn more!

How to Go to Market: Commercializing AI-Based Health Technologies
Live Workshop! March 19 | 10 AM EDT (Register for 4D Meets AI Access)

Instructors:

  • Richie Bavasso, MBA, Co-Founder & CEO, nQ Medical Inc.
  • Carolyn Metnick, JD, Partner, McDermott Will & Emery
  • Michael Ryan, JD, Partner, McDermott Will & Emery
  • Dale Van Demark, JD, Partner, McDermott Will & Emery

This workshop, hosted by our Title Sponsor McDermott Will & Emery, will focus on the various options for and the legal considerations involved with commercializing AI-based healthcare technologies, including regulatory and data strategies. Learn about the range of options, from R&D use to consumer products, from leading members of McDermott’s digital health practice and companies that have blazed the trail. Learn more!

NVIDIA Spotlights Drug Discovery AI Startups at 4D Meets AI

11 Mar

By Rory McCann, Marketing Manager & Conference Producer, LSN

NVIDIA Global Healthcare AI Startups Lead, Renee Yao is shining a spotlight on exceptional AI startups using their technology to advance drug discovery. This startup showcase will feature leaders from three AI companies – Entos, Insilico Medicine, and nference – at next week’s 4D Meets AI digital partnering conference.

The startups showcase complements the mission of 4D Meets AI in its goal of highlighting exceptional AI technology and its applications in advancing healthcare. 4D Meets AI promotes and facilitates conversations that lead to deals funding the future of AI technology improving medical care and overall health for future generations.

There’s still time to sign up for 4D Meets AI, March 18-19. If you’re fundraising for your AI technology, you don’t want to miss this partnering experience! Check out NVIDIA’s startup showcase and sign up to start meeting with early-stage companies, investors, service providers, and strategic partners advancing AI technology for health and wellness.

NVIDIA Inception Drug Discovery AI Startup Showcase
Moderator: Renee Yao, Global Healthcare AI Startups Lead, NVIDIA
Pharma companies’ overall venture investments have grown steadily over the last 5 years — but AI has emerged as a standout area of investment, with pharma incumbent-backed healthcare AI funding growing more than 10x since 2018. In this talk, you will hear about NVIDIA inception program benefits for healthcare AI startups and hear about a few cutting-edge drug discovery AI startups’ latest breakthroughs.

Accelerating Molecular Discovery through GPU-Enabled Physics-Based Machine Learning
Tom Miller, PhD, CEO, Entos, Inc.

GPU-Enabled Generative Biology and Generative Chemistry for End-to-End Drug Discovery
Alex Zhavoronkov, PhD, Founder & CEO, Insilico Medicine

nference: Making Biomedical Knowledge Computable
Tyler Wagner, PhD, Senior Director, Biomedical Research, nference

Speaker Bios

Renee Yao, Global Healthcare AI Startups Lead, NVIDIA (Moderator)
Renee Yao leads global healthcare AI startups at NVIDIA, managing 1000+ healthcare startups in digital health, medical instrument, medical imaging, genomics, and drug discovery segments. Previously she worked as a senior product manager and product marketing manager for AI Systems at NVIDIA.

Alex Zhavoronkov, PhD, Founder & CEO, Insilico Medicine
Alex Zhavoronkov, PhD, is the founder and CEO of Insilico Medicine (insilico.com), a leader in next-generation artificial intelligence technologies for drug discovery, biomarker development. He is also the founder and CEO of Deep Longevity, Inc, a global company developing a broad range of artificial intelligence-based biomarkers of aging and longevity. Since 2015 he invented critical technologies in the field of generative adversarial networks (GANs) and reinforcement learning (RL) for generation of the novel molecular structures with the desired properties and generation of synthetic biological and patient data. He also pioneered the applications of deep learning technologies for prediction of human biological age using multiple data types, transfer learning from aging into disease, target identification, and signaling pathway modeling. Under his leadership Insilico raised over $50 million in multiple rounds from expert investors, opened R&D centers in 6 countries and regions, and partnered with multiple pharmaceutical, biotechnology, and academic institutions. Prior to founding Insilico, he worked in senior roles at ATI Technologies (acquired by AMD in 2006), NeuroG Neuroinformatics, Biogerontology Research Foundation. Since 2012 he published over 130 peer-reviewed research papers, and 2 books including “The Ageless Generation: How Biomedical Advances Will Transform the Global Economy” (Palgrave Macmillan, 2013). He serves on the editorial boards of Aging Research Reviews, Aging, Trends in Molecular Medicine, Frontiers in Genetics, and co-chairs the Annual Aging Research, Drug Discovery and AI Forum (7th annual in 2020) at Basel Life, one of Europe’s largest industry events in drug discovery. He is the adjunct professor of artificial intelligence at the Buck Institute for Research on Aging.

Tom Miller, PhD, CEO, Entos, Inc.

Tom Miller is a scientist and entrepreneur with a focus on AI-driven methods for molecular simulation and discovery. Following a PhD at Oxford and a postdoc at UC Berkeley, he joined the Caltech faculty in 2008 and was promoted to full professor in 2013. He has published more than 120 peer-reviewed articles and received awards for research excellence from the Sloan Foundation, Dreyfus Foundation, and American Chemical Society. He has mentored dozens of students and postdocs that are now leaders in academics and industry. In 2020, Tom co-founded Entos, Inc. to accelerate molecular and materials discovery via physics-based machine learning. In the past year, Entos has recruited over 25 world-class AI researchers, software engineers, and drug discovery scientists and continues to grow.

Tyler Wagner, PhD, Senior Director, Biomedical Research, nference
Dr. Tyler Wagner is the Senior Director of Biomedical Research at nference and has been with the company for over 3 years. Prior to joining nference, Dr. Wagner obtained his PhD in the Weiss lab (MIT) and Densmore lab (BU) where he engineered both an RNA virus and mRNA into multi-functional platforms for regulated gene delivery. He continued with a postdoc in the Weiss lab where he explored in vivo regulatory strategies for RNA therapeutics. At nference, he is currently leading clinical research projects with multiple pharma companies and the Mayo Clinic, ranging from early detection of disease to real-world outcomes assessment, and is working to apply machine learning to outstanding questions in multiple therapeutic areas, including cardiology, oncology, and neuroscience.

Hot Mandate: CA Based Newly Established VC Invests In Digital Health Technologies, Including AI-Powered Healthcare Solutions

8 Mar

A newly established venture capital firm founded in 2020 and is based in San Francisco, CA. The firm is expecting to close their first fund this year, targeting $100M, and is seeking to invest in Seed to Series A companies. The firm expects to make about 80% of their investments in North America, but has a global

Within life sciences, the firm is most interested in digital health technologies, including Digital Therapeutics, AI-powered healthcare solutions, smart devices, and tech-enabled services. The firm will be extremely selective about medical device companies without a digital component. The same applies for traditional therapeutics and diagnostics sectors as well. The firm likes to see early traction (i.e. paying customer engagement), but is open to pre-revenue companies.

The firm is open to working with all kinds of management teams. The firm is capable of leading seed rounds and can act as either lead or co-investor.

If you are interested in more information about this investor and other investors tracked by LSN, please email 4dmeetsai@lifesciencenation.com.

Hot Mandate: NY Based Family Office Interested In AI-related Digital Health Technologies

8 Mar

A family office based in New York, NY is looking to invest in medical devices and diagnostics, but will also consider therapeutics and digital health. The firm prefers companies that have some proof of concept data, with some animal studies complete, and will invest through to clinical-stage companies. The firm generally co-invests in a syndicate, and will invest between $100-500K, depending on the stage of development of the company. The firm is currently interested in investing in companies located in North America.

The firm is focused primarily on medical devices and diagnostics, but will consider therapeutics, if they are first in class, and digital health, with a focus on AI-related technologies. The firm has focused on

The firm is interested in companies with strong management teams. As the firm will generally co-invest, board representation is not usually required after investing.

If you are interested in more information about this investor and other investors tracked by LSN, please email 4dmeetsai@lifesciencenation.com.