Hot Investor Mandate: USA Investment Fund with Family Office Partnership Makes Seed Investments in Pre-Clinical Therapeutics Companies

A life sciences investment fund dedicated to accelerating the growth of seed-stage therapeutics companies with a partnership with a USA-based family investment office, seeks to make 3-5 new investments per year allocating up to $250,000 per company. The firm invests in companies based in the U.S.

The firm is seeking investments in biotech/therapeutics companies and is not interested in medical device or digital health technologies. The firm is interested in companies with assets or platform technologies in preclinical or early clinical development and is indication agnostic.

The firm does not have any company management team 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: Western Europe VC Firm Looks for New Opportunities in Biotech Platform Technologies, Diagnostics, and Digital Health

A venture capital firm based in Western Europe with multiple funds raised to date, generally makes equity investments into internet and health tech companies at seed and early stages. The typical investment size ranges from €0.2 million to € 2 million. The firm plans to make 15-20 investments in the next 3 years and the firm will invest in companies based in Europe with a focus on Switzerland and Germany.

The firm is currently looking for new opportunities in the area of platform technologies, diagnostics, digital health, etc. The firm focuses on companies developing biotech platforms, research tools and nutrition in preclinical and clinical stages. The firm will not invest in drug development companies or medical device companies. In the past, the firm was active in companies developing proteomics platform technology, 3D micro tissues technology, diagnostic services, vaccines, and technology platform to develop virus envelopes.

The firm typically seeks to invest in private companies with convincing founders or managers. The firm will consider pre-revenue companies.

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

Stetson Family Office Global BioForum Brings its Early Stage Investors to RESI Europe

 

Chuck Stetson
An interview with Chuck Stetson, CEO, Stetson Family Office

– By Dennis Ford, Founder & CEO, Life Science Nation; Creator of RESI Conference Series

Dennis Ford

The Stetson Family Office has been active in driving global initiatives between two key investor groups: family offices that have desire and dollars to impact global health, and regional angel groups who have the ability to vet and recommend compelling early stage life science technologies. These alliances have the power to accelerate early stage investment across the silos of drugs, devices, diagnostics and digital health. There is a multitude of global early stage life science startups that are in need of early stage funding partners who can provide the capital to develop the next generation healthcare products. These next generation products will have a great impact on virtually everybody on the planet.

Recently Dennis Ford, CEO of Life Science Nation and the creator of the Redefining Early Stage Investments Conference Series (RESI) sat down with Chuck Stetson, the CEO of the Stetson Family Office and founder of the Global Family Office BioForum, to get an update on Chuck’s global initiatives.

Dennis: Chuck, what exactly is the Global Family Office BioForum (GFOB)? How many Family Offices participate and how many cities throughout the world?

Chuck: I created and launched the entity Global BioForum because like my own family office, I discovered there were other family offices that are genuinely interested in philanthropy and social impact investing in healthcare, but finding and vetting the technology assets proved to be a challenge for them because of limited staff. To meet the challenge I created a strategy to match up regional angel networks with up to 40 members vetting each deal with regional family offices within the early stage life science arena. I did this by creating a strategic relationship with Life Science Nation and bringing my family office groups to the RESI conference events where they are able to connect with angels and also find technology that they may want to invest in. Over the last year I have hosted 4 very successful family office luncheons at the RESI events and will be bringing some of my family office network to the RESI Vienna Conference on March 25.

Currently we have an affiliated group of 260 active family offices meeting quarterly in 19 cities in the U.S., Europe and Asia, with a stated goal to help to strengthen the life science early stage ecosystem. On April 23-24th, 2019, there will be a Global BioForum gathering in Chicago and will be held in cooperation with the Angel Capital Association (ACA). Founded in 2004, ACA is the official industry alliance of 13,000 angel investors working in 260 organizations. My relationships with LSN and ACA have helped connect the capital with the early stage life science products and we are already seeing great results.

Dennis: What are the direct goals that you have set with the Stetson Family Office and the Life Science Nation alliance?

Chuck: Early stage product development is all about securing funding to get the products developed faster. It is my personal goal to create programs that will aid international life science startups in raising seed capital, Series A and B funding rounds, and also launch a Boston-based immersion fundraising and partnering program run by LSN and integrated into the RESI conferences to prepare and educate fundraising CEOs on how to go from canvassing regionally to canvassing globally for potential investors. This would essentially prepare and integrate these startups into LSN’s global partnering ecosystem, including the Redefining Early Stage Investments (RESI) Conference Series in Boston, San Francisco, Europe and Asia and access to LSN’s partner network.

Dennis: Would you like to add some more commentary on your efforts?

Chuck: In summary, I want to use the Global BioForum to help provide the seed rounds to move compelling technology out of the labs and onto the commercial development path. It will focus specifically on years 0 to 3, commonly referred to as “The Valley of Death”. Another goal is to advance women as investors and as entrepreneurs in the life sciences. Last but not least, is direct preliminary interest in products that impact healthy brain, diabetes, obesity and heart disease, although all products are welcome.

Chuck Stetson, CEO, Stetson Family Office

Eugene W. Stetson started the Stetson Family Office shortly after he personally led the buyout of The Coca-Cola Company through a public offering in August 1919 by the Guaranty Trust Company of New York, where he subsequently served as Chairman and just before he died and organized, he organize with the much smaller J.P. Morgan. At his death, Eugene was Coca-Cola’s longest serving member of the Board and of the Executive Committee. Chuck Stetson, the third generation running the family office, is an entrepreneur, venture capitalist, and philanthropist. The Stetson Family Office started Healthcare Impact Foundation, a 501-c-3 organization, in 2017 to bring capital and management expertise to local life science companies and to build and maintain an efficient life science eco-system composed of R&D facilities, incubation facilities, venture capital investors, angel investors, family office investors, and networks of experts in science, management, industry, reimbursement and public policy. Stetson Family Office has set up a unique Global Family Office BioForum with family offices around the globe working closely with their local healthcare innovation. Family Offices are responding with excitement.

RESI Europe Speaker Spotlight: Hear From Family Offices, Big Pharma, And Top VCs

By Lucy Parkinson, VP of Investor Research, LSN

RESI Europe’s two tracks of investor panel content will feature panel discussions that aim to inform entrepreneurs on how raising capital works in their vertical, and how major investor categories such as Family Offices, Angels, Seed Funds, and Big Pharma source and assess new healthcare technologies. With dozens of speakers coming from top firms, LSN would like to introduce you to some of the luminaries who will be appearing at RESI to provide their advice and expertise to attending entrepreneurs.

Chuck Steston, Stetson Family Office, Family Offices & Angels

Eugene W. Stetson started the Stetson Family Office shortly after he personally led the buyout of The Coca-Cola Company through a public offering in August 1919 by the Guaranty Trust Company of New York, where he subsequently served as Chairman and just before he died and organized, he organize with the much smaller J.P. Morgan. At his death, Eugene was Coca-Cola’s longest serving member of the Board and of the Executive Committee. Chuck Stetson, the third generation running the family office, is an entrepreneur, venture capitalist, and philanthropist. The Stetson Family Office started Healthcare Impact Foundation, a 501-c-3 organization, in 2017 to bring capital and management expertise to local life science companies and to build and maintain an efficient life science eco-system composed of R&D facilities, incubation facilities, venture capital investors, angel investors, family office investors, and networks of experts in science, management, industry, reimbursement and public policy. Stetson Family Office has set up a unique Global Family Office BioForum with family offices around the globe working closely with their local healthcare innovation. Family Offices are responding with excitement.

Florence dal Degan, Novo Nordisk, Big Pharma

Florence Dal Degan joined Novo Nordisk A/S in May 2016 as R&D Innovation Sourcing Director. The R&D Innovation Sourcing team of Novo Nordisk is global, with a presence at the Danish Headquarters, as well as a regional presence in Shanghai, Boston, New-York and Paris. Florence is based in Paris and is responsible for search and evaluation of new opportunities within Europe and Middle-East across the therapeutic areas that Novo Nordisk is dedicated to, such as diabetes, obesity, NASH, chronic cardiovascular diseases, nephropathy and haemophilia. Florence has a PhD in biochemistry from The National Institute of Agronomy (Agro-Paris Tech, France). She has over 20 years of experience in Research and Development in academic, biotech and pharma environments. Since 2000, Florence has worked with drug discovery and early development and has held several positions as group leader within R&D. She has been working with external innovation since 2012.

Philipp Rittershaus, High-Tech Gründerfonds, Seed Funds

Dr Philipp Rittershaus studied technical biology in Stuttgart and also obtained an MBA in engineering management alongside his doctorate at B.R.A.I.N. AG. Prior to becoming an Investment Manager at HTGF in 2015, he was a self-employed consultant and implemented a range of life science and spin-off projects. At the HTGF Philipp nurses a portfolio of 10 Life Science Companies.

Marco Boorsma, Forbion, Early Stage Therapeutics

Marco is Partner at Forbion Capital Partners and joined the firm in 2007. He has a background in molecular biology and biotechnology and brings operational and business development experience from both small and large businesses. Before joining Forbion Marco was Business Development Director and project manager at DSM Pharmaceutical Products and scientist at Cytos Biotechnology in Switzerland. He serves on the Board of Directors of Inflazome, NorthSea Therapeutics, Milestone Pharmaceuticals, Escalier Biosciences, RSPR Pharma, and Engene. After obtaining a master’s degree in molecular biology from the University of Groningen, Marco received his PhD in biotechnology from the ETH Institute for Technology in Zürich, and completed part of his research at the Laboratory of Molecular Biology of the Medical Research Council in Cambridge, UK.

Roel Bulthuis, INKEF Capital, Early Stage Therapeutics

Roel Bulthuis is a Managing Director and head of the Healthcare investment team at INKEF Capital. Roel combines close to 20 years of experience across venture capital, pharma business development and M&A and healthcare investment banking. Prior to joining INKEF he served as SVP and Managing Director of M-Ventures which he created and developed into a leading CVC fund. Prior to that, he served in senior positions in global business development and M&A at Merck Serono and in the healthcare investment banking team at Fortis Bank. Roel is a Kauffman Fellow and passionate about continuously challenging the status quo. Roel holds a Msc. in Biopharmaceutical Sciences from Leiden University and an MBA in Finance from the Helsinki School of Economics.

Mark Your Calendar: RESI Philly Conference on June 3rd, 2019

By Nono Hu, Director of Marketing, LSN

The Redefining Early Stage Investments (RESI) Conference makes its return to the BIO International Convention on June 3rd in Philadelphia, PA. This is the third time LSN has held a RESI Conference during BIO week, which promises to bring more than 16,000 life science executives to Philly.

RESI specializes in early stage investor partnering and provides an opportunity for early-stage life science companies across Drugs, Devices, Diagnostics and Digital Health to meet one on one with investors and strategic partners from around the globe.  At RESI, entrepreneurs can create relationships that will potentially lead to receiving investment. RESI Philadelphia 2019 conference also invites the earliest stage companies from the discovery stage through venture stage: companies seeking grants, seed rounds, angel investments, Series A, and Series B funding.

Registration is now open at the Early Bird Rate. If you would like to learn more about RESI Philadelphia and how the event can power your summer fundraising plans, don’t hesitate to contact us.

Hot Investor Mandate: China-Based VC Firm with $500M RMB Fund Focuses Investments in Early-Stage Medtech/Digital Health Companies

A new venture capital firm founded in 2018 and based in China is focused on big data and IOT-related healthcare investment opportunities. The firm is currently managing a 500 million RMB fund and is actively looking to invest 10-20 new deals in the following 12 months. The firm invests mostly in Medical Devices, Diagnostics, and Digital Health companies but will also consider drugs in applicable cases. The firm is currently looking for new opportunities globally, however, following China’s latest healthcare development strategy would be an important consideration although not required for their investment opportunities. The size of investment can vary from 10 – 30 million RMB depending on the deal.

The firm is interested in medtech, diagnostics, and digital health companies that are seeking for early financing round. The firm’s sweet spot is to invest in angel to pre-A round. The firm will not invest in B round or later rounds. The firm is especially interested in technology with a big-data component. The firm has invested in molecular diagnostics and digital health companies. The firm is opportunistic in terms of subsectors and indications.

The firm is seeking to invest in management teams with strong research or industry background. Management teams that graduated from the world’s top universities or has worked for big pharma is a plus. The firm also prefers serial entrepreneurs with successful track records.

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

Hot Investor Mandate: Western Europe-Based VC Firm Invests in Seed Stage, Technology-Based Early-Stage Companies in the Life Sciences Sector

A venture capital firm based in Western Europe invests focuses on investments in technology-based early stage companies in life science industry among other technologically oriented industries. The venture capitalist provides initial investments of up to €600,000-1 million. The firm will also reserve a further €3 million for follow-on financing and supports the start-ups in acquiring other investors and partners. The firm is interested in companies that have been in operation for less than one year. The firm typically looks to make 10-15 life science investments per year. The firm invests primarily in Germany but also has the capacity to invest in other parts of Europe or in global companies that have ties to Germany. The firm only invests in companies that are less than 3 years old.

The firm is looking for new opportunities in the life science space including therapeutics, diagnostics, medical devices, material sciences, chemicals, regenerative energies and healthcare IT sectors. The firm is opportunistic in terms of sector, subsectors and indications, but it focuses on companies with a significant technological innovation and close to proof of concept. The firm’s investments to date have included life science companies developing medical devices, vaccines, drugs development, diagnostic services, chemicals and platform technologies.

The firm mostly invests in seed-stage companies located in Germany (or at least have a German subsidiary) with deep technological knowledge and expertise. The target market should be large and/or have high growth potential. The founding team should have the relevant know-how, complimentary skills and relevant business / industry experience. Outside of Germany, the firm only invests as a co-investor alongside a local lead investor.

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