Fresh money

Fresh money is the best money.  Fresh money means that VC’s and PE firms need to make new investments, to put their fresh money to work.

Here’s my list of Life Science VC and Private Equity Fundraising for 2009 and the first half of 2010, culled from news articles over the past 18 months.  Enjoy.

My list is likely not comprehensive, as firms don’t always announce new funds.  I plan to post updates to this list quarterly.  Also, I plan to make a table of 2008 and 2007 vintage funds for an upcoming post.  Leave a comment if I am missing a fund raise in this table, and I’ll update it.

Continue reading “Fresh money”

Medical Device VC Funding: Slide Deck – Part 1

You need a great slide deck to raise funds for a start-up medical device company.  If your presentation would be right at home in a scientific or medical meeting, it’s not the right deck.  A great deck tells the story of how investors in your company will do well (financially) by doing good (improving medical care).  It’s all about the business, and only briefly touches on the technology.

VentureHacks totally nails the deck template for tech companies.  If you haven’t already read http://venturehacks.com/articles/deck, do it now.  Read the comments too.  Even better, read the whole VentureHacks archive, and buy their book at http://venturehacks.com/pitching.  Pay attention to their sage advice: “Put pictures in the slides and text in the notes,” so that your deck can be used as both a presentation and a handout.

Medical device companies are different, so the VentureHacks template isn’t quite right.   Today’s post provides a slide deck template for a company developing a single medical device product to address a single unmet need.  Later posts will describe a slightly different template for “platform” companies, where the company envisions several new products addressing multiple market needs based on a core technology platform.

I’m posting this template and asking for your feedback.  Convince me that you have an improvement, and I’ll update the template.  Let’s get started.

Continue reading “Medical Device VC Funding: Slide Deck – Part 1”