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Hot Investor Mandate: USA Family Office with Small Fund Invests in Early-Stage Medical Devices & Diagnostics, Most Interested in Cancer Diagnostics

10 Jun

Founded in 2017, a family office located in USA and registered in the Cayman Islands manages a small angel fund that invests in angel and seed stage, and its typical allocation size is between $100,000 to $250,000. The firm invests in companies based in the United States, especially in the Silicon Valley area, and normally invests four to five companies every year.

The firm is interested in diagnostics and medical devices in general, especially cancer diagnostics. Regarding therapeutics, it is open to the data platforms for therapeutics and Orphan diseases.

The firm has no specific company or management team requirements.

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

Hot AI Mandate: Newly Formed US-based VC Focuses on Big Data Diagnostics

8 Jun

A recently formed venture capital firm focuses on the big-data aspect of personalized diagnostics. The firm is seeking early-stage companies raising seed to Series B rounds. The firm has a $200M target fund and seeks to make 15 –20 new investments within the year. The firm seeks to make $2M – $4M initial investments per company, but will make smaller initial seed investments. The firm prefers to be actively involved in their portfolio companies, and therefore prefers companies based near the west coast, though is open to other U.S.-based companies.

The firm is focused on early-detection diagnostics, such as discovering cancer when it is still monogenetic versus heterogeneous and already invaded in other parts of the body or detecting Alzheimer’s 8-10 years before dementia symptoms are present. The firm is interested in point-of-care diagnostics (for influenza A/B/bacterial, etc.) that can diagnose specifically and efficiently. The firm is especially interested in technology with a big-data component, and involved in genomics and personalized medicine to provide the right treatment as early as possible. The firm seeks preclinical to clinical-stage technology, though will also look later-stage depending on the opportunity.

The firm requires a smart management team that is diverse in knowledge, and a company with good IP that may come from a leading institution. The firm will usually seek early-stage companies with less than half a dozen people.

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

Hot AI Mandate: Boston-based Angel Group Invests in AI & Big Data with China Angle

8 Jun

The main investment and operation vehicle of an angel group based in Boston was formed on the basis of investing in passionate early-stage entrepreneurs developing novel technologies. The firm’s areas of interest include AI, big data, pharmaceuticals, healthcare, wearable devices, etc. The firm has invested in academic spin-offs from Harvard and MIT as well.

The firm has three sub-entities, including the main investment and operation vehicle, an online platform, and an offline incubator. The three sub-entities work closely together to find valuable US high-tech startups, conduct rigorous screening, help them with accelerated growth and expand into the Chinese market, as well as providing exit strategy guidance.

The firm is interested in a wide range of life science areas. The firm will look at Therapeutics, Medical Devices, Digital Health, and Diagnostics. The firm seeks to invest in early-stage companies, within therapeutics, the firm will look at stages before phase I.

The firm has no specific company or team requirements.

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

Hot AI Mandate: CA-based VC Invests in AI & ML Applications in Digital Health

8 Jun

A venture capital company founded in 2005 and located in California is managing just under $70 million in assets across 2 funds and makes equity investments into companies ranging from a few hundred thousand dollars to $2 million with additional capital reserved for follow on rounds. The firm is looking for companies located throughout the United States and plans to make 4 new investments over the next 6-9 months.

The firm is looking for companies developing Medical Devices and Diagnostics, Healthcare IT products and Life Science Research Tools with an emphasis on fast to market low capital intense products that reduce the cost of delivering quality healthcare. For Healthcare IT investments the firm is most interested in machine learning and artificial intelligence (AI) applications and is generally not interested in Telehealth and EMR solutions. The firm is open to all sub-sectors and indications in the Medical technology space except for those targeting diseases and disorders of the spine. The firm will invest in both seed and later stage companies.

The firm is looking for companies with skilled and experienced management teams. The firm generally looks to take a board seat into companies after investment and play and active role in the management. The firm is willing to invest in both public and privately held companies.

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

Hot Mandates: Private Equity Firm in Singapore

8 Jun

The firm is a private equity investment and corporate finance advisory firm headquartered in Singapore with a presence in the US, India, Malaysia and London. The firm makes global investments into life

science and healthcare companies as well as services related to healthcare. The firm acts as a lead investor and utilizes their network to seek out other co-investors. Typical deal size is $0.1m to $0.5m.

The firm is interested in therapeutics, medical devices, diagnostics, healthcare IT, healthcare services, biotech, R&D services and supplier companies. The firm is both stage and indication agnostic and has no revenue requirement. The firm has flexible investment criteria but the firm is less interested in companies whose business focus is restricted to one country. The firm looks for companies with a multinational, global component.

The firm is flexible with their management team requirements. The firm is open to bringing in their own talent to assist with management and have supported scientists in becoming successful entrepreneurs. The firm is a value-added investor driven by opportunity. The firm takes a board seat when making investments.

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

Hot Mandates: West-Coast-Based Angel Group

8 Jun

The group is an angel network based in California. The group makes investments across a variety of sectors, including technology and life sciences. Members of the fund invest individually, and therefore investments made by the group are highly varied in size but are typically in the hundreds of thousands of dollars, up to $1M. Investments are in the form of equity or convertible loans, and are typically provided in early venture rounds. The group invests in companies in the USA and Canada and will also consider opportunities outside North America on an opportunistic basis.

Within the life science space, the group invests broadly in healthcare IT, healthtech, diagnostics, medical devices and therapeutics. The group also invests in repurposed drugs and veterinary drugs. The group prefers to invest in companies that have at least developed a working prototype of their product and/or done animal trials.

The group seeks management teams with prior industry success. Additionally, the group prefers to make investments with reasonable horizons and is therefore interested in proposals that provide strong possibilities for exits in 5 years or less. The group will participate in seed, series A and occasionally Series B rounds.

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

Hot Mandates: China-Based Strategic Partner

8 Jun

The firm is an ophthalmic medical device company headquartered in Beijing with offices in Hong Kong and Europe. The firm is actively seeking external innovations in the ophthalmic device space and is looking for early-stage companies that have strategic alignment with the firm. The firm works with early-stage startups using a variety of structures, including equity investments, in-licensing, acquisition, joint-venture and distribution. The firm can help companies grow in China market, where they can leverage their resources in many ways, like supporting CFDA approval, engineering, manufacturing, distribution and after-sale services. The firm is a multi-stage investor and is interested in new technologies worldwide.

The company invests in ophthalmic medical devices that have proof of concept done and a prototype ready.

The company does not have specific requirements for the company’s management team. The firm will consider taking board seats on a case-by-case basis.

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