Hot AI Mandate: Boston-based VC Targets Healthcare Technology & Services

A healthcare venture capital investment firm was founded in 2001 and is based in Boston, Massachusetts. The firm currently manages over $450 million, including their recently announced $255 million second healthcare IT and services focused venture fund in July 2019. The firm generally makes investments in early stage companies targeting healthcare technology and services. The investment size will vary, depending on the opportunity. The firm typically invests in companies based in the United States though is open to companies based on a global level.

In the healthcare technology sector, the firm is actively seeking new investments in healthcare software and tech-enabled services sectors with a specific focus on payment reform, patients as consumers, healthcare analytics, healthcare infrastructure, and novel service delivery models. The firm has a specific interest in transformational technologies and services that enable value-based healthcare. The firm currently is not focused on therapeutics or traditional medical device investment opportunities, though may consider medical devices with a software/data component, such as sensors, that have either already obtained FDA clearance or are not subject to FDA regulation. The firm is indication agnostic and invests in pre-revenue to growth stage products.

The firm seeks to invest in privately held companies with a strong and experience management team. The group prefers to invest in companies with cutting-edge technologies and large market potential.

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

Hot AI Mandate: Investment Firm Expanding into Life Sciences is Looking for New Opportunities

Based in Oklahoma City, an investment firm previously in the energy and oil space, and in the last year has expanded their interests to begin investing in the life science space as well. The firm is looking for new investment opportunities in the therapeutics, medical devices, diagnostics, and digital health sectors. The firm invests in Seed, Series A and B and is willing to both lead or participate in the investments. The firm is opportunistic in terms of sub-sectors and indications including all phases of development for therapeutics. Since starting to invest in the biotech space last fall, the firm currently has made 5 investments. The typical check size ranges from $500K up to $6M depending on the company and syndicate. The firm focuses on companies located in the United States.

The firm is looking for new investment opportunities in the therapeutics, medical devices, diagnostics, and digital health sectors. The firm is opportunistic in terms of sub-sectors and indications, including 510K and PMA classes of medical devices, as well as all phases of development for therapeutics including pre-clinical companies. The firm is also open to looking at pre-prototype companies on a case by case basis

The firm looks for a management team with a proven track record and strong sector knowledge and experience. The firm looks for companies who have done regulatory submission and successful exits as well. The firm is open to both leading or coinvesting in the investment and seeks board seat representation when leading an investment.

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

Automating Medical Visits Using Artificial Intelligence (AI) and Augmented Reality (AR) – Interview with James Bates, MS, CEO of AdviNOW Medical

By Erika Wu, Business Development Representative, LSN

What if we could automate and improve medical visits by reducing in-person patient contact, administrative burdens and operation costs? Hear what CEO James Bates and his team at AdviNOW Medical are doing to utilize AR and AI to expand healthcare access to anywhere you are. RESI AI returns September 16-17 with dynamic panels, as well as opportunities to pitch to a live panel of AI investors. Get involved and tell your story at  Innovator’s Pitch Challenge! Applications are due by Friday, August 20, so submit yours today!

September Partnering Opens Soon

By Karen Deyo, Director of Investor Research, Israel BD, LSN

Life Science Nation (LSN)’s mission is to connect products, services, and capital to advance deals that save lives. There are many opportunities to achieve this in the early-stage life science ecosystem, but few more powerful than well-matched partnering, which is why LSN’s match-based partnering platform can be a game-changer for fundraising entrepreneurs.

Learn more about virtual partnering at LSN events at one of our free fundraising bootcamps coming up on Wednesday, August 18 at 2 PM EDT. Register here for the complimentary webinar. These events give an overview of LSN’s partnering system, what sets it apart, and why a comprehensive strategy is essential to succeed in booking meetings with qualified investors.

Check out some of our resources below to help you succeed in your partnering, and sign up for our one-day prep course ahead of RESI Partnering Week, September 13-17 to get started!

Pitch Deadline Approaching

By Rory McCann, Marketing Manager & Conference Producer, LSN

The application deadline to pitch at RESI Partnering Week, September 13-17 is around the corner. Submit your application to pitch directly to a panel of relevant investors by August 20. Applications are accepted on a rolling basis.

The Innovator’s Pitch Challenge (IPC) provides an opportunity for life science startups to pitch directly to a panel of investors during a live Q&A session, providing valuable insights and feedback. Participants build connections between fundraising founders and potential investors on the panel and in the audience.

Participating companies receive:

  1. A dedicated page showcasing a pre-recorded pitch video, pitch deck, and executive summary
  2. A spot in the live pitch session and Q&A with investors actively seeking assets in their sector
  3. Global visibility to partners that are a fit for their stage of development and product
  4. Increased global footprint, opportunities to engage with global partners, and valuable, insightful feedback

Hear from recent IPC winners, see what investors have to say, and sign up today to pitch at RESI Partnering Week!

See What Investors Are Saying about The Innovator’s Pitch Challenge

“It was a very economical use of time; the investors got to ask their important questions and the Innovators got a good idea of the most pressing questions from the investors point of view.”
William Kuziel, MedPro Investors
 
“The Pitch Sessions are a great opportunity to connect with startup CEOs and learn more about their work…It really has been an effective and efficient way to make connections, create deal flow and help startups raise money for their upcoming raises.”
Mayank Taneja, OSF Healthcare
 
“I look forward to LSN’s events because they provide an opportunity for our venture capital firm to find promising companies with exceptional technologies. The organization and technology platform make it very easy to hear numerous pitches from founders.”
Nat Brinn, VC23
 
“The Pitch Sessions were a great opportunity to engage with the CEO/Founders of very innovative Life Science startups. Despite the COVID-related transition from in-person to virtual meetings, the RESI team did an outstanding job organizing these sessions, ensuring that the live Q&A was very productive, and facilitating follow-up with these exciting companies.”
Gary Gershony, Life Science Angels / BayMed Venture Partners

RESI Longevity Panels

By Caitlin Dolegowski, Marketing Specialist, LSN

RESI Longevity is proud to highlight active investors, early-stage founders, and industry leaders advancing drugs, devices, diagnostics, and digital health within age-tech and the longevity market. Innovative advancements with creative applications take center stage alongside insights around how to navigate the early-stage investment ecosystem.

Lifes Science Nation has partnered with Mary Furlong & Associates to host panel discussions with leaders, entrepreneurs, and strategic partners answering questions about early-stage fundraising and age-tech innovation. Check out the panel discussions below and sign up to join the conversation at digital RESI Longevity.

September 16, 2021 Live Panels
Social Isolation & Loneliness
Enabling Seniors to Connect & Thrive in Relationships
10 AM EDT
The effects of social isolation and loneliness brought about by the COVID-19 global pandemic has been devastating to many communities. Connection and community are essential to health and wellbeing, especially for vulnerable populations, including seniors. This panel highlights not only the need to advance this area of healthcare, but the partnerships bringing people together, through powerful technology, when they need it most.
Sensory Wellness
Advancing Technology to Support Vision or Hearing Loss
11 AM EDT
Whether a gradual decline or a sudden loss due to illness, the effects of vision and hearing impairment for older adults can be incredibly disruptive to their health and quality of life. Sensors, wearables, AI, and the continued advancement of diagnostic technology and digital health are impacting this field of care at a rapid rate. Targeting sensory wellness keeps seniors living active and engaged lifestyles, supporting a holistic approach to wellness.
Designing Innovation in Assisted Living and Aging in Place 3 PM EDT
The 2020 pandemic brought about transformational changes in how we look at aging and our living environments. Keeping loved ones safe and connected became top priorities but it also unleashed design innovations for aging in place and assisted living. This panel explores the trends and future view of how our health is connected to where we live.
Creating Better Dementia Care and Promoting Brain Health 4 PM EDT
Despite the coronavirus crisis, surveys show more older Americans were more concerned about an Alzheimer’s diagnosis than COVID-19. The U.S. health care system is still struggling with the need for not only better therapeutics and dementia care but also understanding the importance of prevention aligned with new brain health initiatives. This panel discusses the innovation in dementia care and brain health education for health care professionals and the broader population.
September 17, 2021 Live Panels
Health & Home Care
Empowering Individuals to Access Quality Care from Home
10 AM EDT
Quality home-based care can be a powerful tool in a patient’s recovery or ongoing wellness. Advancements designed to support and improve home care are a huge part of the age-tech industry and healthcare. Learn how entrepreneurs are partnering with investors to bring quality services from the provider to the patient at home.
Medical Accountability & Adherence
Removing Barriers Inhibiting Patients from Treatment
11 AM EDT
Medical advancement is paramount to the health and safety of patients, but efficacy tanks when adherence is low. Seniors unable to take medication or easily access necessary information are at risk of missing out on necessary treatment. Early-stage entrepreneurs are using technology to advance systems designed to enable patients to better access their healthcare resources, including medication, providers, and treatment details.
What Angels, Seed, Venture, Corporate and Family Offices Investors Are Looking For 3 PM EDT
These investors talk about how to find the perfect funding partners – what entrepreneurs should look for and what to expect. This essential panel is a critical “how to” session for any startup company in the longevity market.
Pre-Recorded Panel
The Future of Wearables and Older Adults 2021
This session explores the growth of the wearables market (a $111B industry) and its meaning for older adults. What is the adoption level for the 65+ population now and what innovations will matter in the future?

Hot Investor Mandate: Corporate Venture Arm of Global Company Focuses on Therapeutics Investments in Oncology, GI, Rare Diseases, and More

A corporate venture capital arm of a global company seeks to make strategic investments into early-stage companies that are aligned with the parent company’s R&D focus. For equity investments, the firm will lead, co-lead, or participate in syndicated financings. With deep connections into the parent company’s global research and development centers, the firm is ideally placed to nurture innovative pharmaceutical companies and to connect these into the parent company.

The firm core focus is on therapeutics. Currently, the firm is most interested in oncology, gastrointestinal diseases, neuroscience and rare disease. The firm is also interested in breakthrough platforms technologies that improve peptide, antibody, cell, and gene based therapies. The firm does not invest in medical devices or diagnostics.

The firm’s primary focus is on start-up/seed rounds, through mid-stage financings – pre-clinical through Phase II. The firm respects the autonomy of the institutions it invests in and seeks standard institutional venture investment terms without special rights or options.

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