Hot Life Science Investor Mandate 2: US Based Hedge Fund Seeking Clinical Stage Therapeutics, Diagnostics, and Medical Devices

A hedge fund founded in 2001 and based in the eastern United States has raised a total of $250 million and is currently making investments out of it 4th fund of $35 million. The firm looks to provide equity, convertible note and PIPE financings to mid and late stage companies in the life science space. Initial investments tend to range from $2-$3 million and the firm tends to invest anywhere from $3-$5 million over the lifetime of the investment.  The firm is looking for companies located in the US, Canada, Europe, China and Australia and makes approximately 4-5 investments each year.

The firm is looking for companies in sectors of Biotech Therapeutics, Diagnostics and Medical Technology. The firm is open to review almost all indications and subsectors but is particularly interested in areas of immunotherapy, cardiac devices, oncology, cell based therapies, small molecules, proteins, stem cells, and biogenetics. The firm is not interested in orthopedics. The firm is looking for companies that at least have clinical data, and will only evaluate certain preclinical stage assets if the pre-clinical data has some clinical viability.

The firm is looking for companies with experienced complete management teams in place. The firm is very interested in companies that are publically traded and will also invest in privately held companies. As the firm is a cross over investor they look to provide expansion capital and is not interested in company creation investments. The firm generally does not look to take a board seat but does act as a very hands-on investor.

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

Hot Life Science Investor Mandate 3: Large Taiwanese VC Fund Seeking Novel Therapeutics and Devices throughout Taiwan, China, Europe and the U.S.

A venture capital firm based in Taiwan has USD 2.5 billion AUM and invests in companies of all stages, from early, expansion, to maturity stage. The firm invests in several sectors including healthcare. Currently, the firm is looking for investment opportunities with an exit timeline of 3-5 years. The firm is most interested in companies that are ready for IPO or M&A. The investment size varies depending on the stage of the company. The firm can allocate as USD 1 million up to USD 20 million or more, the firm invests in companies that are located in China, Taiwan, US, and Europe.

In healthcare, the firm is currently most interested in therapeutics. The firm is also looking at medical devices. For therapeutics, the firm looks for novel compounds and biologics that are either first-in-class or best-in-class. The firm is indication agnostic. In terms of stage of development, the firm is open as long as there is a concrete plan for an exit timeline of 3-5 years. For medical devices, the firm is generally opportunistic. The firm seeks devices that are innovative and disruptive.

The firm can both lead and co-invest with a syndicate. The firm generally request board of director’s representation following investment.

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

Hot Life Science Investor Mandate 1: Chinese Private Wealth Fund Seeking Global High-Growth Medical Device, Diagnostic, and Digital Health Opportunities

A venture fund formed by a group of high net-worth individuals in China is currently seeking investment opportunities globally with a focus on China and US. Projects based in Canada, Germany, and Switzerland may also be considered. The fund pays close attention to investment opportunities from seed and early stage to growth stage. For seed and early stage projects, the fund makes investments in convertible notes and equity and is flexible on investment size. For growth stage projects, the fund makes equity investments of US$1-5 million in businesses with valuation of up to US$18-20 million. The fund typically syndicates with co-investors. The fund would like to partner with local investors in case of overseas investments.

The fund focuses on high-growth fields in medical devices, diagnostics, digital health, and consumer products and is gnostic to therapeutic areas.In diagnostics, the fund is interested in portable imaging devices, high-intensity ultrasound, point-of-care diagnostics, and molecular diagnostics. In digital health, the fund is interested in technologies that can be applicable to the Chinese market, such as connected devices, telemedicine, and patient-physician platforms. In consumer products, the fund in interested in OTC, nutrition, and dietary supplements that have proven efficacy and are on market.

The fund is looking to work with serial entrepreneurs from seed and early stages to growth stage to form complete and strong teams. The fund typically cooperates with local co-investors who play a supervisory role in overseas operations.

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

Hot Life Science Investor Mandate 2: Venture Philanthropy Firm Seeking Seed Stage Highly Novel Life Science Opportunities

A venture philanthropy firm based in San Francisco, CA provides seed grants of $350,000 to 8-10 early stage companies per year.  Companies must reach specific milestones in order to receive instalments of the grant.  Grants are in the form of a convertible note that, if the company raises a Series A round, will convert based on the Series A valuation; however if the company fails before raising a Series A round, no debt will be due.  Additionally, when a portfolio company becomes revenue-generating or is acquired, the firm receives a 3% royalty payment capped at 3x the value of the grant.  The firm funds companies throughout the USA.

The firm invests in fundamental technological breakthroughs that intersect hard science (including life sciences) and technology.  In the case of therapeutic technologies, only novel technologies are of interest; repurposed/biosimilar assets are not of interest.  The firm is interested in platform technologies rather than companies developing a single biotech asset.  The firm works with very early-stage companies requiring capital to meet specific milestones, and therefore does not fund human clinical trials.  The firm has experience of investing in life science companies across the therapeutics, diagnostics, medical technology and biotech R&D tools sectors.

The firm funds companies that have raised less than $1 million of outside capital.  In addition to financing, the firm assists portfolio companies with business strategy, presentation, and finding strategic partners and investors.  Generally a company works with the firm for two years prior to raising a Series A round.

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

Hot Life Science Investor Mandate 3: Corporate Venture Capital Arm of Global Pharmaceutical Company Seeking Pre-Clinical/Phase I Therapeutic and Platform Opportunities

The corporate venture arm of global pharmaceutical company based in Japan is looking to provide equity capital to seed and venture stage companies in the life science space. The firm is looking to provide companies with as much as $5 million over the lifetime of the investment and plans on making 2-3 investments over the next year. The firm will invest in companies located anywhere around the world.

The firm is currently looking for companies developing Therapeutics and Platform Technologies. The firm is looking for companies in this sector working with small molecules, vaccines and biotherapeutics. Indications of interested include nephrology, cardiovascular, immunology, inflammation, stroke, metabolic disease and the firm is especially interested in companies working with therapies for CNS disorders and orphan indications. Ideal companies will have assets either in preclinical stages or in Phase I of clinical trials.

The firm strongly prefers that the company has a strong management team with experience in the industry. The firm is looking to allocate to companies that will eventually be able to partner long term with its parent company.

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

Hot Life Science Investor Mandate 1: Single Family Office Seeking Global Opportunities in Brain Health

A single family office based in the western United States makes seed-stage and venture-stage equity investments; typical seed investments are of $250,000-500,000 initially with the potential for follow-on financing of up to $3 million.  The firm is open to opportunities worldwide, and currently has portfolio companies in North America, Europe and Oceania.

The firm focuses on brain health, with 80% of the fund’s investments occurring in this indication area.  The firm’s mandate encompasses both diseases of the nervous system and psychiatric disorders, with a particular interest in Alzheimer’s disease.  The firm is open to investing in therapeutics, diagnostics and medical devices, and is interested in interdisciplinary approaches.  The firm seeks early-stage opportunities, but will also consider later-stage opportunities.  The firm’s prior investments include drug discovery for treatments for Alzheimer’s disease, and novel diagnostics including a tool that tracks early cognitive decline.

The firm strongly prefers to invest in privately held companies.  The firm only backs top scientists pursuing breakthrough approaches, and does not invest in “me-too” ideas.  In the medical technology sector the firm prefers to invest in companies developing platform technologies with multiple potential applications.

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

Hot Life Science Investor Mandate 2: Canadian VC Firm Seeking Clinical Stage Therapeutics and Device Opportunities Throughout North America

A life sciences venture capital firm based in Canada with an additional office in the US is currently investing from two new funds totaling approximately $165 million of new capital under management. The firm typically makes initial investments ranging from $1-$5 million of equity and looks to invest $8-$12 million over the lifetime of the investment. The firm plans to make 4-6 investments over the next 12 months and evaluates opportunities throughout the US and Canada.

The firm is currently looking for companies developing Therapeutics, Medical Devices, and Healthcare IT. The firm has a special interest in immunology, inflammation, cell therapy, vaccines and protein based therapies, although the firm will also consider other small molecule and biologics therapies in other areas. The firm is looking for companies with assets in phase I and II of clinical trials that have at least some human proof of concept with either early human efficacy signs or very strong animal data coupled with human safety data. In the medical devices space the firm is opportunistic in term of device type but also requires some in human data to be evaluated for investment. In the past the firm has invested in devices for cardiology, obesity, medical imaging, and others. In the healthcare IT space the firm is most interested in subsectors of mobile health, patient monitoring and consumer based technologies, particularly in products that help make healthcare systems more efficient.

The firm is looking to invest in companies that are pre-revenue and located throughout the United States and Canada. The firm does not look to take an active role on the management team but does look to take a board seat.

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