|
|
Elm Street Ventures' principal strategy is to create and initially operate life sciences companies founded on intellectual property developed at Yale University and other research institutions in the region (from New York City through Southern New England). Elm Street Ventures helps scientists build significant technology companies from the seed and early stages. Its partners include successful serial entrepreneurs and experienced corporate managers, who may serve as the interim CEOs or operating chairmen of a number of the companies formed. While Elm Street Ventures expects to be co-founders of companies in some circumstances, the firm is also interested in hearing from entrepreneurs, scientists, and engineers who have already formed or plan to form new ventures in the life sciences. Elm Street Ventures' investments range from $500,000 to $1 million, and, if a company is tracking well, look to invest $2 to $2.5 million over multiple financing rounds. The firm will consider companies in the following industries: Life Sciences (including therapeutics, medical devices, diagnostics, research tools and services, materials, healthcare, and healthcare services); Clean technology, with an emphasis on green chemistry; and Information technology including mobile and social web.
|
