Capital Opportunities for Small Businesses - sbtdc

PROFILES: VENTURE CAPITAL FUNDS ACTIVE IN NORTH CAROLINA
(as of August 2011)
Venture Firm
Year
Founded
Capital Under
Management
Preferred Stage of
Financing
Preferred Size of
Investment
Preferred Industries
Website Comments
MPM Capital-
BioVentures Funds
Massey Burch Capital
Corp.
N/A >$2.1 billion All Stages
1994 >$250 million
Early Stage/Start-up
(80%), Later Stage
(20%)
historically $7 million to $50
million per company
$500,000 to $2 million
Life Sciences- primarily in biotechnology
(80%), but also in medical devices (20%)
& biopharmaceuticals.
Information Technology,
Communications/Internet Solutions, and
Healthcare Services.
Advertises itself to be the world's
largest dedicated investor in Life
Sciences.
Will not consider real estate, oil & gas,
environmental, entertainment, retail
chains or pharmaceuticals.
Mediphase Venture
Partners
N/A N/A Early Stage N/A
Biopharmaceutical technology & Life
Sciences information; occasionally other
areas of life sciences/healthcare.
Meritus Ventures, L.P. 2002 $36 million Expansion stage $250,000 - $2,500,000
The Fund has a broad industry focus that
includes, but is not limited to,
manufacturing, technology, and
software.
The Fund will invest in rural areas in the
Appalachian regions of Ohio, West
Virginia, Virginia, North Carolina, South
Carolina, Georgia, Alabama,
Mississippi, and the entire states of
Arkansas, Kentucky and Tennessee.
Mitsui & Co. Venture
Partners, Inc. (MCVP)
1984 N/A Early Stage
$1 million to $10 million per
company
Information Technology (software,
communications, semiconductors,
electronics, information services, others);
Healthcare (medical devices
(therapeutics/diagnostics),
biopharmaceuticals, drug discovery, drug
discovery tools, others).
"We have provided significant value to
our portfolio companies by leveraging
our experience and business
relationships to develop business
opportunities for them in Japan, China,
and the rest of Asia."
Morgan Stanley
Venture Partners
1985 >$1.1 billion
Later Stage only (no
start-ups)
$5 million to $15 million
Primarily Information Technology
(enterprise software, Internet
infrastructure, communications software
& products, and wireless) and Healthcare
(medical products/devices,
biopharmaceuticals & healthcare IT).
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