We manage several investment funds focused on healthcare venture capital investing.
Seed Fund: $2.5-3.0M
- Typically focused on investment opportunities in a specific calendar year.
- Invests in early stage healthcare companies (15-20/year)
- Typical "seed stage" investment terms: $150K for 7.5% equity in the company (assumes $2M valuation)
Growth Fund: $30-50M
- Invests in successful/more mature seed fund companies poised for growth
- Focused on companies that are connected to the Briovation Network
- Investment terms: based on needs of our companies and judgment of our executives
- Growth Fund typically reserves additional capital for subsequent portfolio company capital raises