
Funding Therapeutics Innovation in North Carolina

We catalyze the formation and growth of therapeutics companies in North Carolina
Fund I’s core mission is to invest in therapeutics companies that are operating in North Carolina, with a special emphasis on opportunities that originate from our local universities.
We lead first financings to bring together early-stage investors, leadership talent, and resources to high potential startups in NC. Our follow-on investor network creates an opportunity for each company to secure long-term financing.
What we invest in
-
Seed stage therapeutics opportunities in NC
Our Fund is dedicated to seeding and building new therapeutics companies here at home. We can form new companies or fund existing ones with operations in North Carolina.
-
Platforms and single assets with compelling science
We fund both platforms and individual drug opportunities that target novel biology, bring forward novel modalities & technologies, and/ or create unique solutions for disease-modifying therapies.
-
Line of sight to starting clinical trials in 3 years or less
We prioritize investments into opportunities that serve major unmet needs for patients, represent significant commercial potential, and are 3 years or less from filing an IND.