Biotech start up journey, especially for first time entrepreneurs, is full of hurdles, both technological as well as business related such as business plan and market entry strategies, navigating regulatory hurdles, connecting and pitching to VCs and networking with future stakeholders. There is a greater realisation within the biotech community regarding the importance of focused mentorship which can help accelerate nascent biotech start up. BIRAC is therefore envisaging designing and implementing an equity based fund for supporting entrepreneurs in the valley of death.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Apr 30, 2019
Advekit
|
Seed | — | Health Care | — |
Aug 14, 2018
Capillary Biomedical
|
Seed | $2.88M | Biotechnology | — |
Mar 5, 2018
Carepoynt
|
Convertable Note | — | Health Care | — |
Oct 12, 2017
Groupize
|
Series A | $3.25M | Hospitality | — |
Ace Fund has had 1 exits. Ace Fund most notable exits include Capillary Biomedical
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jul 21, 2022 | Capillary Biomedical | M&A | Biotechnology | Detail |