Hot Longevity Mandate: US-Based Venture Fund

28 Sep

The firm is a venture capital firm founded in 2012 and based in Missouri. The firm manages three healthcare and life sciences funds for a combined total of $60 million in assets under management. The firm’s first life science focused fund was launched in 2013 with $15 million of capital to invest. The firm looks to make equity investments of approximately $500k – $1 million into companies with additional capital reserved for follow on rounds. The firm looks to act as a bridge with its investments between the Seed and Series A round. The firm is also open to syndication with other investors for larger deals. The firm focuses its investments in the Midwest but is open to companies located throughout the US and makes approximately 6-8 investments per year.

The firm has recently launched a new healthcare fund in collaboration with another VC fund, resulting in the firm’s focus has shifted more Healthcare IT and Digital Health, with a specific focus on how healthcare delivery has changed during the COVID 19 pandemic. Examples of the subsectors of interest are: remote care, Healthcare IT for hospital efficiency, and response infrastructure systems. The firm is opportunistic in terms of indication.

The firm looks for management teams with domain experience, and is comfortable with working with incomplete or scientific founding teams. The firm prefers to take a board seat into companies following investment.

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

Hot Longevity Mandate: East Coast-Based Family Office

28 Sep

The firm is a private investment firm based in New York. The firm is supported by a family who has invested in healthcare operating companies and real estate for over 30 years and seeks to invest in opportunities that align with their strategic interests. Investments in healthcare have included skilled nursing facilities, rehabilitation therapy, institutional pharmacy, hospice, mental health tech, healthcare tech, and home health. The firm looks to work with early stage companies where they can leverage their operating platform. As a private investor, the firm has a very flexible horizon and mandate – investment size can greatly vary on a deal-by-deal basis. The firm has about 20 companies in their its portfolio, and invests all across the USA.

The firm has a robust portfolio that ranges from healthcare to technology to consumer products. While the firm has a broad interest in healthcare, the firm is most interested in technologies that can leverage the firm’s operating platform and resources. The firm’s portfolio companies include workforce transformation, nurse staffing, medical billing, and Fintech that is focused on the healthcare sector, medical billing, and more. The firm also has a strong interest in technologies dedicated to mental & behavioral health. The firm is opportunistic in terms of stage of development. The firm does not consider therapeutics opportunities.

The firm seeks to partner with smart, thoughtful founders with a true commitment in their ideas. The firm is a hands-on investor and seeks to have an active role in their portfolio companies. As mentioned above, the firm is able to leverage its resources to support pilots and enable companies

to test new ideas. The firm can also support companies in enhancing their business models, implementing scale through partnerships, and share their own experiences in developing world-class brands.

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

Hot Longevity Mandates: China-Based Private Equity Firm

28 Sep

The firm is an investment management firm based in Tianjin, China. The firm manages multiple funds and is engaged in equity investment, asset management, merger and acquisition across several industries including healthcare. The firm’s healthcare portfolio includes multiple pharmaceutical companies. The size of investment varies depending on the deal, but the firm is investing from a 1 billion RMB fund for healthcare. The firm is currently seeking equity investment and licensing opportunities in China and the US. The firm is looking for companies with a China angle and has experience helping companies obtain CFDA approval.

Within healthcare, the firm is interested in medical devices, IVD, medical equipment, home-care products, and other healthcare-related technologies. The firm considers products that have at least completed prototype. The firm prefers products that have already obtained FDA clearance or approval, but it is happy to work with companies who are ~1 year away from FDA approval as well. In terms of indication areas, the firm is interested in diseases with large market potential in China, including oncology, reproductive health, cardiovascular diseases, and diabetes and metabolic disorders.

The firm seeks to work with experienced teams with strong sector knowledge. The firm is looking for products with a China angle and may request distribution rights in China.

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

Registration for RESI Partnering Week November is Open!

23 Sep

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

claire

Thanks to the support and enthusiasm from the RESI community, another week of early-stage life science and healthcare partnering and innovation is in the books! We are excited to announce our last event of the year, RESI Partnering Week November, which will be a robust 3-day partnering conference, November 16-18.

Registration is now open featuring Super Early Bird rates until Friday, October 8. Innovator’s Pitch Challenge (IPC) applications are also open, giving companies a platform to present their technology to hundreds of RESI attendees. If your early-stage company is fundraising, you do not want to miss out on these discounted rates and unique presentation opportunities.

Register-now-button-new

Looking for more ways to get involved? Check out sponsorship offerings and learn more about how you can boost your exposure to the RESI network and optimize your experience and connections!

RESI-NOV-Banner-3050x-1050

RESI Longevity Innovator’s Pitch Challenge Winners

23 Sep

By Caitlin Dolegowski, Marketing Specialist, LSN

Last week, early-stage companies with a focus on conditions of aging were given the opportunity to pitch live at the digital RESI Longevity conference to relevant investor judges and industry experts as part of the Innovator’s Pitch Challenge (IPC). We were thrilled to host 15 pitching companies! The companies were divided into three pitching sessions – Medical Devices, Diagnostics & Therapeutics, and Digital Health. Congratulations to our RESI Longevity Innovator’s Pitch Challenge Winners! As the companies with the most votes, each will receive complimentary tickets to future RESI conferences to continue their fundraising efforts. Thank you to all our IPC finalists for providing great pitches and to our judges who came prepared with excellent questions. We look forward to future opportunities to highlight early-stage companies and gain valuable insight into what investors are considering.

Session 1 (Medical Devices) Winner

Alertgy

Alertgy has developed DeepGluco, a wearable noninvasive continuous glucose monitor and alert system which captures the dielectric spectrum of a user that can be used to measure glucose and other important compounds in the body. This will allow people a means to prevent becoming diabetic and increase their life span even with diabetes by giving them a means to better manage their lifestyle through instantaneous biometric feedback.

Session 2 (Diagnostics & Therapeutics) Winner

Praetego

Praetego is biopharma company developing first-in-class Advanced Glycation End-product (AGE) inhibitors able to deter AGE formation at the initiation of pathology. Through this novel and proprietary small molecule technology, Praetego’s candidates are designed to slow or prevent diseases driven by oxidative stress. This includes the highly burdensome diseases of Neurodegeneration/Alzheimer’s, Diabetic Microvascular Disease, and Cardiovascular Disease.

Praetego’s AGE inhibitor platform technology applies to the chronic conditions of aging.
Praetego’s management team are drivers of successful drug development programs across therapeutic areas and regulatory pathways. The scientific leadership has spent 3 decades studying AGE inhibitors. A robust and growing patent estate protects this proprietary technology. Praetego is raising capital to reach clinical trials in 2022.

Session 3 (Digital Health) Winner

Embrace Prevention Care

We provide Personal Prevention Care to older adults with heart failure and other chronic conditions to improve health and reduce preventable hospital stays. We extend physicians’ reach into the home to help patients and caregivers take actions that achieve the goals that matter most while reducing the cost of care.

Our local nurse practitioners have weekly telehealth interactions with patients and build trusting relationships to help them take daily actions to implement care plans developed with their physicians. Our geriatric pharmacy ensures patients take the right meds with monthly deliveries in dose-time adherence packages. We empower caregivers to effectively help patients achieve their goals and coordinate actions with the entire care team. Our personalized, integrated care is reimbursed by Medicare.

Interested in joining the RESI November IPC? Apply today and save on super early bird rates! Applications are accepted on a rolling basis, so get started today!

RESI-NOV-Banner-3050x-1050

RESI AI Innovator’s Pitch Challenge Winners

23 Sep

By Rory McCann, Marketing Manager & Conference Producer, LSN

Last week’s digital RESI AI conference connected early-stage AI startups with the investors, service providers, and strategic partners founders are looking for. The conference featured insightful panels, educational workshops, fit-focused partnering, and opportunities for fundraising entrepreneurs to pitch directly to a panel of investors, such as the Innovator’s Pitch Challenge (IPC).

Innovator’s Pitch Challenge winners were selected by attendees for the best pitch. Each company submitted marketing materials and a pitch video to their dedicated webpage, available to view by all attendees and judges. The live session included elevator pitches and time for Q&A with the judges and audience.

Congratulations to our IPC winners! Click the logos to learn more about each company:

Session 1 (Devices and Therapeutics) Winner

NeoPrediX

NeoPrediX develops decision support tools with maternal, neonatal and perinatal screening platforms to evaluate, optimize and personalize medical strategies in pediatrics. We utilize intelligent algorithms and digital health solutions for neonatal and perinatal care based on deep medical data and science, developed by experienced scientists, pediatricians, and neonatologists.

Session 2 (R&D/Manufacturing Services and Digital Health) Winner

SingularityAI

SingularityAI builds an AI-driven medical image and data analytics platform of cloud software and smart devices with data privacy preserving technologies, to make AI-driven insights a broad reality for medical innovation.

Interested in joining the RESI November IPC? Apply today and save on super early bird rates! Applications are accepted on a rolling basis, so get started today!

RESI-NOV-Banner-3050x-1050

Hot Investor Mandate: USA-Based Fund Invests Up to $20M in Therapeutics, Medical Devices, Diagnostics, Digital Health Companies

23 Sep

A VC fund based in the USA 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 device, digital health and healthcare IT companies. The firm invests in Series A 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 device, 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 mandates@lifesciencenation.com.

← Older Entries
Newer Entries →