Plug and Play Tech Center United States

Plug and Play Ventures (a successor fund to Amidzad Partners) is a private/family investment vehicle based in Silicon Valley, CA. The fund is a structured organization for making angel investments in pre-seed or seed rounds. Investments are in the form of equity; in the next 6 months Plug and Play Ventures expects to make about 5-10 seed investments of $50,000-100,000 and an additional 40 pre-seed investments of $25,000, and is hoping to increase their allocations in the healthcare sector. Plug and Play also provides a three-month accelerator program. The firm will consider investing in companies worldwide.

Plug and Play Ventures is interested in investing in medical technology, and invests in subsectors in which the firm can apply expertise; typically this means products that have a significant software component. Healthcare IT, biosensors, wearables and health monitoring devices are of interest. While the firm is open to investing in any indication, Plug and Play is particularly interested in diabetes & blood glucose monitoring, personal fitness, and mental/behavioral disorders. In the healthcare IT sector, Plug and Play Ventures is interested in both consumer applications and enterprise software, but is not interested in diagnostic software such as genomic, proteomic, or molecular diagnostic algorithms; however, optimization and data analysis software for hospitals and diagnostic laboratories is of interest.

Phillip Vincent
Corporate Partnerships Manager 

Plug and Play Ventures United States

Plug and Play Ventures (a successor fund to Amidzad Partners) is a private/family investment vehicle based in Silicon Valley, CA. The fund is a structured organization for making angel investments in pre-seed or seed rounds. Investments are in the form of equity; in the next 6 months Plug and Play Ventures expects to make about 5-10 seed investments of $50,000-100,000 and an additional 40 pre-seed investments of $25,000, and is hoping to increase their allocations in the healthcare sector. Plug and Play also provides a three-month accelerator program. The firm will consider investing in companies worldwide.  

Plug and Play Ventures is interested in investing in medical technology, and invests in subsectors in which the firm can apply expertise; typically this means products that have a significant software component. Healthcare IT, biosensors, wearables and health monitoring devices are of interest. While the firm is open to investing in any indication, Plug and Play is particularly interested in diabetes & blood glucose monitoring, personal fitness, and mental/behavioral disorders. In the healthcare IT sector, Plug and Play Ventures is interested in both consumer applications and enterprise software, but is not interested in diagnostic software such as genomic, proteomic, or molecular diagnostic algorithms; however, optimization and data analysis software for hospitals and diagnostic laboratories is of interest.


Neda Amidi
Investment Associate 

Prolog Ventures United States

Prolog Ventures is a venture capital firm based out of St. Louis Missouri that was founded in 2001. The firm is currently making investments out of its vintage 2013 4th fund of approximately $100 million. The firm is looking to make equity investments in companies ranging from $500,000 to $3 million. The firm will invest in companies across the United States and plans to make approximately 3-4 investments over the next 6-9 months.

Brian Clevinger
Managing Director 

Recursion Pharmaceuticals United States

The Problem: Pharmaceutical development has traditionally focused on intense study of an explicit molecular target related to a specific disease of interest. This strategy is costly and inefficient.

 

The Solution: We have developed technology that can be scaled to quickly, precisely, reliably, and simultaneously model thousands of genetic diseases in human cells and evaluate the effect of thousands of individual drugs on those disease models. We've built a computational platform that recognizes structural changes in millions of diseased cells and then identifies drugs that return those diseased cells to a healthy state.

 

Proof of Concept: We have already used an early version of this platform to discover a potential treatment for one genetic disease. We have IP for this drug, and have already been approached about licensing.  We are scaling our platform now to enable us to achieve our goal of discovering and partnering to bring to market treatments for at least 100 genetic diseases in 10 years.

Dr Chris Gibson
LinkedIn logo CEO, Recursion Pharmaceuticals 

River Cities Capital Funds United States

River Cities Capital Fund is a private equity firm founded in 1994 and based in Cincinnati, Ohio. The firm manages approximately $500 million under management and is currently investing out of its 2014 vintage $200 fund. The firm looks to make investments of $5-$15 million initially up to $20 million over the investments lifetime. The firm is willing to invest throughout the United States and is looking to make approximately 4-6 equity investments over the next 6 to 9 months.

Rik Vandevenne
Director 

RiverVest Venture Partners United States

RiverVest Venture Partners is a venture capital firm that was founded in 2000 and is based in St. Louis, Missouri with additional office in Cleveland, Ohio. The firm currently has managed over $208 million of total assets. RiverVest has raised two investment funds with total committed capital of $165 million since inception. The recent fund closed at $75 million. RiverVest typically makes equity investments into global companies, and has no specific geographic preferences. The firm will consider making investments at all the stages, and focuses on investments in seed, early-stage and select later-stage companies. The typical investment size is around $6 million, though the firm can invest more or less, depending on the opportunity. 

RiverVest is extremely opportunistic when it comes to investments in the life sciences space; with that being said RiverVests specified sectors and sub sectors of interest may or may not be an area in which RiverVest is currently looking to allocate capital to. The firm invests in companies in the biotech therapeutics and diagnostics, as well the medical technology space. 

Some of the firms investments have included companies developing biotech therapeutics and diagnostics targeting diseases of the blood and blood forming organs, neoplasms, cancer, and oncology, skin and subcutaneous tissue, cardiovascular diseases, diseases of the ear, and infectious diseases. The firm has also invested in companies developing anti-body based therapeutics. The firm has also invested in firms developing medical technologies such as therapeutic radiation devices, active implantable devices, non active implantable devices, hospital hardware, and imaging devices.

Year Founded
2000
Investor Type
Medtech Phase of Development
Capital Structure Preference
Investment Stage Preference
Karen Spilizewski
VP 

Safeguard Scientifics

Safeguard Scientifics is a publicly traded capital deployment firm founded in 1953 and is based in Wayne PA. The firm makes deployments from an evergreen fund and is actively seeking new investments in the healthcare sector. Initial equity placements are typically of $5-1m with the potential for a total allocation of $2-25m over the life of an investment. The firm focuses on North America with a concentration in the Mid-Atlantic and San Francisco Bay Area regions. Deployments are made at a range of stages from early-stage to growth expansion and recapitalization. Safeguard Scientifics prefers to be a sizable minority investor.
Gary Kurtzman
Managing Director 

SAJE Pharma United States

Regulating Nitrosylation for Multi-Disease Therapies

SAJE Pharma’s S‑nitrosoglutathione reductase (GSNOR) inhibition technology regulates nitric oxide signal transduction pathways that are critical for multiple therapeutic benefits.  SAJE’s small molecule drugs regulate nitrosylation by inhibiting GSNOR.  Many biologists consider that “Nitrosylation is the new phosphorylation”, meaning that nitrosylation regulates cell pathways as directly as does phosphorylation.  The big advantage for SAJE is that there is only one human GSNOR to inhibit as compared to 100’s of phosphorylation targets, making it a much more “druggable” target with less possibility for off-target toxicity.  SAJE and its collaborators have discovered that GSNOR inhibition reduces: inflammation, oxidant damage, fibrosis, mucus accumulation, and bronchoconstriction.  Such multiple therapeutic efficacies by inhibiting only one enzyme with small molecules is unprecedented in pharmacology.  SAJE is focused on idiopathic pulmonary fibrosis and asthma as its first clinical applications, although there is animal data for efficacy in other diseases including cardiovascular, metabolic, inflammatory, liver, kidney, and other respiratory.  One GSNOR inhibitor has shown Clinical Proof of Concept for GSNOR as a target in a Phase IIa trial in asthma.

SAJE Pharma’s executive team consists of experienced drug development scientists and serial entrepreneurs whose backgrounds include FDA, large pharma, start-up companies, and the CRO industry.

SAJE has licensed one patent app that is nearing issuance in the EU and the US.  It protects SPL-334, SAJE’s lead molecule, and other related molecules.  In addition, SAJE is close to filing 3 more patent apps on its novel compositions that inhibit GSNOR.  A clear advantage for our drugs compared to many novel therapies  is the cost of goods.  Our drugs will cost pennies per dose.

SAJE would like to raise $15 MM to take SPL-334 through a Phase IIa trial in IPF.  The drug is ready for IND-enabling studies.  The company’s exit strategy is to out-license each of its drugs and their accompanying data set, one at a time, for different diseases in different categories.

Year Founded
2011
Biotech Subsector
Biotech Phase of Development
Technology Overview
Regulating Nitrosylation for Multi-Disease Therapies SAJE Pharma’s S nitrosoglutathione reductase (GSNOR) inhibition technology regulates nitric oxide signal transduction pathways that are critical for multiple therapeutic benefits. SAJE’s small molecule drugs regulate nitrosylation by inhibiting GSNOR. Many biologists consider that “Nitrosylation is the new phosphorylation”, meaning that nitrosylation regulates cell pathways as directly as does phosphorylation. The big advantage for SAJE is that there is only one human GSNOR to inhibit as compared to 100’s of phosphorylation targets, making it a much more “druggable” target with less possibility for off-target toxicity. SAJE and its collaborators have discovered that GSNOR inhibition reduces: inflammation, oxidant damage, fibrosis, mucus accumulation, and bronchoconstriction. Such multiple therapeutic efficacies by inhibiting only one enzyme with small molecules is unprecedented in pharmacology. SAJE is focused on idiopathic pulmonary fibrosis and asthma as its first clinical applications, although there is animal data for efficacy in other diseases including cardiovascular, metabolic, inflammatory, liver, kidney, and other respiratory. One GSNOR inhibitor has shown Clinical Proof of Concept for GSNOR as a target in a Phase IIa trial in asthma.
Alliance & Collaborations
Eight universities, NIH, CROs
Supporting Metrics or Evidence
Ferrini ME, Simons BJ, Bassett DJP, Bradley MO, Roberts K, et al. (2013) S-Nitrosoglutathione Reductase Inhibition Regulates Allergen-Induced Lung Inflammation and Airway Hyperreactivity. PLoS ONE 8(7): e70351. doi:10.1371/journal.pone.0070351. Kinetic and Cellular Characterization of Novel Inhibitors of S-Nitrosoglutathione Reductase. Paresh C. Sanghani, Wilhelmina I. Davis, Sharry L. Fears, Scheri-Lyn Green, Lanmin Zhai, Yaoping Tang, Emil Martin, Nathan S. Bryan, and Sonal P. Sanghani. THE JOURNAL OF BIOLOGICAL CHEMISTRY VOL. 284, NO. 36, pp. 24354–24362, September 4, 2009.
Current Financing Needs
$15 MM
Current Timeline
One drug ready for IND-enabling studies, other drugs in research for various diseases
Current Investors
Private, Grants
IP Status
One patent application nearing issuance in US and EU. Three more apps nearing submission on novel compositions of GSNOR inhibitors
Recent Milestones
Michael J. Fox grant, private financing, new collaborations, Positive IPF and metabolic data
Management Team Highlights
Licensed technology, invented new technology, many grants including Michael J, Fox, private financing, IND ready project
Matthews Bradley
Founder President Chairman & CTO 

Sand Hill Angels

Sand Hill Angels is an angel group that was founded in 2 and is headquartered in Sunnyvale California. The group focuses on investments in early-stage (from seed to series C) companies in the Life Sciences IT Internet and Clean Tech sectors. The group prefers to make equity and convertible notes investments and the typical investment size ranges from $.1million to $.5million. The group will consider syndicating with other investors for larger investments. The group will consider companies across the US.
Stephen Pollitt
Board Member Membership Chair 

Sanofi-Genzyme BioVentures

Sanofi-Genzyme BioVentures (SGBV) is the corporate venture arm of Sanofi based in Cambridge Massachusetts USA. Originally established in 21 as Genzyme Ventures SGBV is mandated to invest directly in private early-stage life science companies with promising new products that may be future Sanofi pipeline candidates. The firm seeks to invest across the more expansive business footprint of Sanofi. The firm has a global mandate and is currently seeking new equity investment opportunities.
Jason Hafler
Director of Investments