Hot Investor Mandate: Venture Capital Firm with US and China Offices Invests in Seed to Series B Therapeutics, Devices, Diagnostics, and Life Science Tools

A venture capital firm based in USA with additional offices in China invests in early-stage life science ventures, from Seed to Series B, with Series A and Series B being the firm’s sweet spot. Typical size of investment ranges from $1-2M in seed stage companies, and $3-5M in venture round companies.  
The firm also has an advisory service that supports entrepreneurs to expand to the Chinese market, and the firm has multiple offices in China and needed expertise to support the entrepreneur’s vision. 

Currently, the firm is most interested in companies based in USA, Israel, and Western Europe, particularly companies in the Nordic region. 
 
The firm will consider therapeutics, medical devices, diagnostics, and life science tools. The firm is most interested in medical devices, and their interests include medtech and biotech combination products, novel methods of drug delivery, in vitro diagnostics (novel instruments and reagents), etc. The firm is interested in both 510K and PMA devices. Within therapeutics, the firm is more interested in clinical assets and typically do not look at pre-clinical companies unless the opportunity is compelling. Current main indication areas of interest for the firm are cardiovascular disease, oncology, and women’s health. 
 
The firm seeks to work with management teams who are passionate about their technology and dedicated to creating values for the larger community. Though the firm is able to support companies who are interested in entering the China market, having a China angle is not necessary for investment. The firm can act as either a lead or co-investor.


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

Hot Investor Mandate: Strategic Fund of Biopharma Company Invests Up to $10M in Digital Health Technologies Targeting Oncology and Infectious Diseases

The strategic fund of a biopharmaceutical company based in Western Europe is aligned with the parent company’s strategy, focusing on technology investments related to oncology and infectious diseases. The firm has $150M under management and invests in the range of $1M – $10M per company. The Fund typically makes a first investment at Series A and currently aims to make 1-3 new equity investments a year.

The firm is mainly seeking digital health and healthcare IT investment opportunities at the pre-commercial or commercial stage that will either improve drug development or that will impact the patient journey (e.g., patient monitoring, digital therapeutics, clinical decision support systems) relating to oncology and infectious diseases.

The firm is very active and supportive of its portfolio companies. The Fund typically takes a board seat, and at times also an observer seat. The Fund is looking for management teams experienced in the domain of interest and with entrepreneurial experience.

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

Best Practices for Digital RESI November

By Dennis Ford, Founder and CEO of Life Science Nation, Creator of the RESI Conference Series

DF-News-09142022Commonality creates dialogue which determines fit. Finding a partner who is a fit for your stage of development and product has to be paramount. Dialogue based on fit facilitates relationships which, when nurtured and developed, leads to friendships and transactions. Building a successful partner relationship requires enhancing your perspective by trying to stand in the other persons shoes and always checking in with simple yet revealing questions.

  • How do you think we are progressing thus far?
  • What are your thoughts about going forward are we moving in the right direction?
  • We have met a few times can you share with me where you are at presently and what you feel needs to get done?

These “check-in” questions are easy to ask and non-threatening but asked at the right time can put you in context on where your potential partner is at.  Being in context is one of the keys to creating a dynamic partnership.

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Interview with Jim MacKrell, Associate Vice President & Head of East Coast (US) Venture Science – Lilly New Ventures, Eli Lilly and Company

By Caitlin Dolegowski, Marketing Specialist, LSN

Jim MacKrell, Associate Vice President & Head of East Coast (US) Venture Science – Lilly New Ventures, Eli Lilly and Company works to identify innovation in core therapeutic areas: diabetes, neuroscience, pain, oncology, and immunotherapy. Lilly New Ventures is expanding its presence in the Boston area and attended RESI Boston as a title sponsor with a goal of expanding relationships with local startups and investors. The diversity and quality of companies and the representation of the Boston life science ecosystem made RESI the right fit for them to “collide with innovators”. Learn more from Jim on Lilly’s focus on genetic medicine, the significance of a balance of persistence and patience that early-stage companies need to have and the importance of strong science.

RESI San Francisco, January 10, followed by two days of virtual, January 11 & 12 is next! Save $300 when you register by November 25 with early bird rates.

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Showcasing Your Company at RESI San Francisco

By Antoinette Lowre, Manager of Business Development, LSN

At our last RESI conference in Boston this past September, we were excited to see so many different company types showcasing their product and/or services. Exhibitors included service providers, tech hub groups, and even some startup companies who brought their products for live demonstrations to the RESI community.

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Exhibiting at RESI is a great way to promote your company and it provides a lot of additional visibility and opportunities to meet other attendees and network in the early-stage life science industry. Click here to learn more about exhibiting at RESI JPM in San Francisco January 10-12.

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Hot Investor Mandate: VC Invests Up to $15M Exclusively in Life Sciences Companies, Most Interested in Novel Therapeutics With China Market Potential

An investment firm headquartered in China invests in Chinese companies, or companies outside of China looking to enter the Chinese market. The firm invests solely in the life sciences, with most (~70%) of their investments in therapeutics companies, and the rest in medical device companies. For most of their investments, the firm participates in the first institutional round, investing between $7-15M, or the equivalent in RMB. The firm invests early, and in some cases acts as a venture builder as well as an investor.

The firm is primarily interested in therapeutics companies, with over half of their investments in this space. The firm is opportunistic in terms of indication, but is especially interested in new modalities within therapeutics, such as cell and gene therapies, or therapeutics in areas with high barriers to entry. For medical devices, the firm prefers technologies relating to surgical robotics and minimally invasive procedures.

The firm is an active investor, almost always taking a board seat and using their network to help the companies advance. This can come in the form of helping them round out their management team, or, if the company is looking to enter the China market, through joint ventures or help navigating the regulatory requirements.

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

Hot Investor Mandate: Venture Fund Focuses on Seed-Stage Investments in the Intersection of Science and Technology, Also Interested in Platform Technologies

A seed-stage venture fund is focusing on the frontiers of the intersection of science and technology. The firm looks for companies that are changing the market standards through innovative approaches. The firm is interested in US-based companies and generally invests in seed-series A rounds, typically when less than $5m is being raised. The firm invests in pre-clinical/in development technologies but prefers there to be proof-of-concept data. For medical devices, the firm will consider devices in the 510k regulatory pathway. For all investments, the firm prefers that there is a deep data science or computational element to the technology being commercialized. The firm will generally invest between $250,000-1M, and will often connect companies to larger funds for later capital raises.

The firm is agnostic to sector and indication, and will also consider platform technologies. However, the firm is looking for companies that use DNA and cellular engineering technologies for diagnostics and therapeutics. Ideally, these technologies are also leveraging computation to accomplish their ends. The firm is not interested in standard therapeutics approaches such as small molecules. For medical devices, the firm is looking for devices that change the paradigms of care, solving an unmet need with a unique approach.

The firm does not require a board seat when investing. Rather, the firm will be as involved as necessary to help the company succeed, whether through personal intervention or through a connection to an external expert.

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