Next Phase Newsletter

A venture capital fund based in California that was founded in 2016 is investing out of a $261M fund. The firm invests in many sectors, including cloud-based enterprise SaaS, Property Tech, and life sciences & healthcare. Within the life sciences, the firm is interested in therapeutics, medical devices, digital health and healthcare IT companies. The firm generally invests in Series B and later rounds, and can invest anywhere from $1-20M in the initial check, and may participate in follow-on rounds. The firm is generally focused on investing in companies based in North America, but will consider global companies if they have a large presence in the US and are focused on the US market.

The firm will invest in therapeutics, medical devices, digital health and healthcare IT companies. Within therapeutics, the firm is seeking companies in IND or later stages. In addition, the firm is interested in platform technologies, and will also invest in AI or machine learning based drug discovery companies. The firm will not invest in single asset or single modality companies. For medical devices, the firm primarily invests in 510K pathway devices that are FDA approved. The firm will not invest in DTC devices, and is less likely to consider de novo or PMA devices as well. Furthermore, the firm is most interested in devices that have a continuing source of revenue, such as a software application component. For digital health and healthcare IT companies, the firm is primarily focused on companies with B2B services, and will not invest in digital therapeutics. The firm is interested in companies that have greater than of $3M in ARR.

The firm is willing to lead or co-invest, but will generally take a board seat if they lead the investment round.

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

A seed fund, based in Palo Alto focuses on applied AI technologies and invests in three verticals: Digital Health, Enterprise and Automation. Within Digital Health, the firm invests in companies developing AI/ML, software-based technologies in the sectors of digital health, diagnostics and R&D services. The firm will invest $250K-500K in seed-stage companies based in the US and Canada, and will consider all companies, as long as they have a good business model.

Within healthcare, the firm invests in companies that are primarily software-based. In addition to digital health companies, the firm will consider diagnostics and R&D services companies, such as smart lab monitoring, genomics-based diagnostics, or AI-driven drug discovery.

The firm will invest only in companies whose primary base of operations is in the US and Canada, and with those focused on the US/Canadian market. While the firm may take a board or observer seat after investing, they do not require it for all of their investments.

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

A venture capital firm founded in 2005 is headquartered in Singapore and Shanghai, with additional offices in Hong Kong, New York, and San Diego. In 2017, the firm closed its fifth fund, Fund V, of over $220M and is actively seeking investment opportunities across a wide range of industries. 1/3 of the fund is dedicated to global/USA-based life sciences and healthcare investments, while the rest of the fund will focus on investing in China and Southeast Asia-based companies. On average, the initial size of investment is in the $2-5M range but the firm has the capacity to invest more in companies they identify as a strong fit. The firm can participate anywhere from Seed to Series B, but Series A is their sweet spot.

The firm is an opportunistic investor and will consider therapeutics, medical devices, diagnostics, and healthcare IT companies. However, the firm will generally avoid single therapeutic assets and those that are pre-clinical or earlier. The firm is open to novel medical devices of all FDA regulatory pathways, including 510k and PMA. The firm is strongly interested in platform plays, or technologies that have implications in multiple disease areas or indications. Examples include novel drug delivery platforms, drug discovery platforms that leverage AI or machine learning, regenerative medicine, etc.

The firm considers the management team’s character and entrepreneurial spirit – more so than the team’s experience – as one of the most important factors in the investment screening process. Each partner of the firm will dedicate their time to become acquainted with the management team and determine their degree of fit. The targeted market and the company’s competitive edge are also important considerations. The firm prefers to act as the lead investor and will seek board representation, but is also open to co-investing.

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

The family office provides strategic and operational support for the founding individual’s investment initiatives and entrepreneurial endeavors. The firm has a history of successful investments in well-known companies. The firm invests from seed to pre-IPO companies worldwide.

The fund is agnostic across life science sectors, including platforms, therapeutics, devices and tools, and services and including discovery, early stage preclinical and clinical-stage opportunities, though open to commercial-stage or adjacent discovery/development technologies.

The firm seeks companies with founders who have a clear vision, highly differentiated technology, and desire to build a durable business.

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

The venture firm is based in the US, managing a corporate venture fund for a major insurance company. The firm looks to invest in companies of strategic interest to its insurance company LP while seeking strong financial returns. With the fund, the firm is looking to make investments ranging from $1 – $20 million over the lifetime of the investment in stages ranging anywhere from seed to buyout. The firm is actively reviewing new opportunities and will consider companies located around the globe. The firm also manages other funds that seek to invest in food and agriculture companies and insurtech companies, respectively.

Within the healthcare space, the fund looks to invest in sectors of Healthcare IT, Services, Diagnostics, and Devices.

The firm is looking for companies with experienced management teams and prefers working with complete teams although they also have experience and are willing to work with incomplete management teams as well. The firm is looking for privately held companies and is open to either lead or co-invest in rounds. The firm generally looks to take a board seat following an investment.

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

The company is a health-focused vision care company committed to cultivating the eye health start-up ecosystem. The firm has five business units in ophthalmic innovation, eyewear, lenses, insurance, and practice management. With nearly 90 million members and 30,000 eye care professionals in network, the company’s reach is unprecedented. The firm is looking to invest or partner with companies from seed to revenue stage, investing as early as POC through commercially available products. The firm is interested in technologies from all sectors that are related to eye health (including ocular surface disease, myopia, and glaucoma), or diagnostics or treatments for eye problems caused by other diseases, such as diabetes or neurological diseases. The company will consider seed through late stage investing and partnerships with companies in the US and abroad.

The company will consider all companies associated with vision, ophthalmology, and vision care. This includes all sectors, and could range from new therapeutics to treat glaucoma to digital health technologies to improve vision insurance. VSP Global will also consider technologies treating vision problems that are secondary effects of other indications, such as diabetes.

The firm can lead or co-invest. In addition, the firm will use their network for help with product rollout, if relevant.

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

A private equity firm based in the USA makes investments for majority or significant minority equity stakes in mature, middle-market companies in the healthcare sector. The firm typically invests $5-20 million in companies valued between $10-100 million. The firm invests in both privately held and publicly traded companies and primarily invests in the USA and Canada.

The firm focuses on healthcare IT, specialty medical devices and products, healthcare services and pharma distribution/supply chain. The firm will consider all opportunities in these fields that match the firm’s financial criteria, and has experience of investing in skincare, enterprise HCIT, hearing devices and wearable devices. The firm only invests in companies with products/services that are on the market and with revenues of at least $5 million per year.

The firm focuses on companies with revenues of $5-75 million, valuations from $10-100 million, and EBITDA from near break-even up to $15 million.  The firm is interested in buyouts, recapitalizations, and opportunities to work alongside founders to scale and improve a company. The firm has the expertise to assist companies in accessing US healthcare markets.

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