Tag Archives: investor

Hot Investor Mandate 2: Strategic Venture Fund of a Japanese Pharma Seeks to Invest in First-In-Class Therapeutics Opportunities, with Strong Focus in Oncology

29 Mar

A strategic corporate venture capital fund by a full-fledged oncology pharmaceutical company headquartered in Tokyo, Japan, seeks to make equity investment in startup companies that discover and develop innovative therapeutic products and/or drug-enabling platform technologies that demonstrate a clear potential to benefit cancer patients. Investment size can be flexible depending on the deal. The firm will also consider the option-type of investments and spin-outs, in addition to pure equity investments. The fund is currently seeking opportunities in the USA, Europe and Japan, the focus being mainly in USA and Europe.

The firm will consider early-stage (generally research to pre-IND) first-in-class/new biology-based approaches in drug discovery and innovative platform technologies for drug discovery, especially assets that have a strategic angle to the pharmaceutical’s pipeline. The firm considers a wide variety of modalities (biologics/oncolytic viruses and small molecules) as well as cell and gene therapy, on an opportunistic basis. The firm’s primary indication of interest is oncology, but the firm is also interested in immunology, allergy, musculoskeletal, and orphan indications.

While the firm is primarily focused on therapeutics, the firm may review technologies in medical device, diagnostic, or digital health sectors if there is a strong strategic alignment.

The firm is looking for teams with strong sector expertise. With the support of the pharmaceutical’s established expertise in the field of oncology product discovery and development, the firm will provide financial resources and company outreach to build strategic alliances to help translate novel research and high potential drug candidates into cornerstone products. The firm may request regional option or rights on a case-by-case basis.

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

Hot Investor Mandate 3: PE Firm with Offices in North America Invests & Provides Advisory Support to Medical and Surgical Devices and Healthcare IT Companies

29 Mar

A private equity firm founded in 2014 with offices in USA and Canada manages a fund that provides equity and equity-like investments in high growth companies in healthcare technology verticals. The size of investments generally fall under the range of $2-5 M per company, and the firm seeks to make 2-3 investments per year.

The firm works closely with clients of the firm’s advisory arm that provides companies with financial, strategic, and growth consulting and transaction advisory services including M&A. The firm will also help companies through regulatory approvals and developing new strategic and financial partnerships. The firm will consider companies that are outside of this network, but it is important that these companies form a close long-term relationship with the firm in leveraging their development. This integrated network provides for superior insight and strategy of lower risk. The firm looks globally with a strong focus in North America.

The firm is interested in highly innovative medical and surgical device companies, healthcare IT, healthcare services. The firm will not consider products in pharma or biotech industries. Medical device products should be patented and on the cusp of FDA clearance. The firm will support all classes of medical devices including 510k and PMA regulatory pathways. Healthcare IT companies are expected to demonstrate market traction prior to investment.

The firm seeks to work with companies with an experienced, motivated management team. The firm can act as the lead investor in all financing rounds, and requires a board seat in its portfolio companies.

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

Hot Investor Mandate 4: Global Organization Provides Seed Capital to Early-Stage Healthcare Technologies Applicable to Emerging Markets

29 Mar

A global charity organization with an established footprint in over 100 countries worldwide, dedicated to tackling the problem of poverty and injustice, has launched a new initiative through its Canada operations. In 2016, the organization built an investment team to support entrepreneurs developing innovative technologies for emerging markets. Currently, this is the organization’s only operation with an investment vehicle.
The organization seeks to invest up to $250K in early-stage social innovations. In addition to providing capital, the organization will take an active role in helping entrepreneurs with growing their companies and providing valuable connections through their global reach.

The organization will consider any early-stage technology in the healthcare sectors that can help address and solve problems in emerging countries, with a high potential for social impact.

The organization does not have specific management team requirements, but prior experience in working with or developing technologies for emerging countries is a plus.

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

Hot Investor 1: VC/PE Investment Firm Backed by China and Taiwan Companies Invests Broadly Across Seed and Post-Seed Stage Life Science Companies

22 Mar

A venture capital and private equity firm based in Cambridge, MA provides seed capital out of an angel group subsidiary within the firm, and also provides equity to later stage IT (robotics, AI, IoT, new materials, FinTech, etc.) and healthcare companies. The firm is backed by five public pharmaceutical companies and ten public IT and healthcare companies from Taiwan and China. The angel group subsidiary provides up to $2M seed stage investments in early-stage companies, while the parent firm provides equity of $2M – $5M per company post seed stage. The firm is also actively looking for PE and M&A opportunities worldwide in the $1B ~ 5B range. The firm seeks companies on a global level, though has a focus in Boston and North America East Coast-based companies.

Within healthcare, the firm is interested in biotech therapeutics, medical devices, healthcare IT and digital health. The firm is opportunistic in subsector and indication and has a specific interest in oncology products. For healthcare IT, the firm is interested in software, AI, robotics, and digital health technology that seeks to integrate into hospital systems. For medical devices, the firm is interested in drug delivery system devices that require a therapeutic component. The firm typically seeks companies that already have CE Mark, FDA, CFDA, or TFDA approval.

The firm requires the management team to have technical expertise in their field of study, and prefers companies that also have business development expertise. The firm typically takes a board seat after an investment, but at the minimum will maintain a close relationship with the entrepreneur as a support and advisor. The firm typically participates in two financing rounds per company, and also supports the company in finding add-on investors for the following round.

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

Hot Investor 2: Venture Arm of Swiss Foundation Invests Globally in Disruptive Medtech and Digital Health Companies in Trauma and Orthopedic Surgeries

22 Mar

A venture arm of a Switzerland-based foundation invests in start-ups that fundamentally improve patient care in the area of orthopedic, spine & trauma surgery. While the firm will invest globally, the current focus is on companies located in North America, Europe and Israel. The firm prefers to participate in Series A rounds, investing between $1-2.5M with the potential to provide additional capital in later rounds. The firm’s sole investor is their parent foundation, a surgeon-led, not-for-profit organization. The foundation has a global network of more than 16,000 healthcare professionals and scientists in over 100 countries specialized in the treatment of trauma and disorders of the musculoskeletal system.

The firm looks to fund companies with disruptive technologies in medical devices, diagnostics, and healthcare IT/digital health in the trauma and orthopedic surgery space. This includes technologies for before, during or after surgery, such as imaging, surgical tools, implantable devices and clinical data management. However, the firm is not currently looking to fund any regenerative medicine or tissue engineering applications within this space. If a medical device or diagnostic, companies should have a working prototype and preclinical data, while healthcare IT/digital health companies should have a running MVP as well as the ability to show market traction.

The firm invests in teams and companies that solve fundamental problems. The firm is looking for a clear market understanding and strong USP.

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

Hot Investor Mandate 3: Canada-Based Investment Group Provides Seed Funding to Medtech, Cleantech, and IT Sectors Across North America, With Canadian Focus

22 Mar

A venture capital fund, angel group, and registered exempt market dealer based in Toronto, Ontario is affiliated with early stage venture funds, including their accelerator fund I and II as well as an angel group. The firm usually acts a lead investor in rounds of up to $2M, with between $300K – $750K coming from the first-mentioned fund, and with additional capital usually coming from the angel group or other family offices or institutional investment partners. The firm has also participated, and will continue to participate, in larger syndicated investment rounds. The firm prefers to lead priced equity rounds and does not usually make investments in uncapped convertible debt or SAFEs (Simple Agreements for Future Equity).

Annually, the firm works with, and makes investments in, 8 to 12 early stage (Seed and Series A) companies in the IT, CleanTech and MedTech sectors. In the MedTech sector, the firm typically does not invest in products with a complex regulatory pathway. The firm is also interested in platform technologies and R&D service/tools companies. Historic MedTech investments include investments in (i) a company which has developed an imaging agent that illuminates tumors both at the surgery planning phase and inside the operating room, (ii) a company that manufactures the world’s only natural, non-toxic, mono-disperse nano particle extracted from sweet corn which has applications in the personal care/cosmetics, nutraceutical and biomedical spaces; and (iii) a company that has a proprietary in silico software platform that maps interactions of drug compounds against the human proteome to identify drug efficacy, side effects and toxicity risks.

The firm is focused on Canadian companies, but will also evaluate U.S.-based and international companies if there is a potential investment fit. The firm’s principals have significant technology, financial and legal experience. The firm’s ideal investment candidate is a company that will benefit from and can leverage this experience and network and to which the firm can provide additional long-term value beyond its cash investment. The firm tries to avoid taking on technology risk but will take on some commercialization risk and prefers entrepreneurs that have had at least one ‘win’ (or event better, at least one ‘loss’)

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

Hot Investor Mandate 4: Large Quebec-Based Firm Seeks Early-Stage Single Asset/Platform Technologies in Therapeutics and Revenue-Generating Medtech Companies

22 Mar

A development capital fund of 30+ years of investment experience actively seeks opportunities in the life sciences. The firm’s mission is to provide returns to its 600,000+ shareholders, and contribute to Québec’s economic growth through investments in small and medium-sized businesses from all industrial sectors. Its evergreen fund structure ables the firm to take a long-term approach on investments. Allocations in co-syndicated deals start at $1M but mostly range from $3-10M. The firm could co-lead investments. The firm seeks to invest in businesses with a significant presence in Québec, defined as having over half of its employees based in the province, or significant activities in the province.

The firm has been a consistent life sciences investor for the past 30+ years. The firm is interested in both single asset and platform technology companies across a wide range of therapeutics including small molecules, biologics, cell therapy, gene therapy, etc. The firm is agnostic to therapeutic areas and invests at multiple development stages from pre-IND activities to Phase III. In medical devices and diagnostics, the firm invests only in profitable companies or those with an approved product.

The firm is looking for experienced management teams with expertise in the indication area. It will consider first-time-CEOs who have been able to attract seasoned professionals on the board and SAB.

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