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
Newlight Associates 1997 >$100 million All Stages $1 million to $4 million
NextPoint Partners, LP 1990 N/A Seed & Early Stage $250,000 to $4 million
Noro-Moseley Partners 1983 $580 million
Origin Partners, LP N/A N/A
Oxford Bioscience
Partners
1992 $1 Billion
Seed/Start-up, Early
Stage & Growth
Stage
Early Stage
(primarily), but may
invest in Later Stage
Seed (selective) &
Early Stage
$3 million to $12 million
$2 million or less (looks to
invests $3 million to $5 million
total per company and
participate in all future financing
rounds prior to liquidity)
Pappas Ventures 1994 >$350 Million Seed to Early Stage $500,000- $5 million
Piper Jaffray Ventures N/A $5.2 Billion All Stages $3 million to $10 million
Information Technology (esp. software,
specialty semiconductors, Internet
infrastructure, communications, businessto-business
e-commerce).
Technology companies, mainly in the
software sector (enterprise software &
related services, telecommunications,
networking, Internet infrastructure,
semiconductors).
Technology (software, web applications,
communications infrastructure
(components & systems or other
hardware), other); Healthcare (services,
life sciences, information technology,
devices); Business Services (outsourcing
(telecom services, human resources, web
services), transaction processing,
financial services).
Information Technology,
Communications, Medical Technology
$1 million to $10 million Life Sciences: Bioscience and Healthcare.
Life Sciences – Biotechnology,
Biopharmaceuticals, Drug Delivery,
Medical Devices & Related Ventures
Exclusively in Healthcare (medical
technology, biotechnology & healthcare
services).
Invests primarily in the Mid-Atlantic
region; has recently invested in NC.
Different investment criteria and
investment parameters based upon
classification of the company by stage.
To view firm's classification scheme
visit: www.noro-moseley.com/stage.asp
Invests primarily in Northeast U.S. and
Texas, but will invest elsewhere; has
recently invested in NC.
The largest share of Pappas’ capital is
invested in companies whose lead
products are at the Phase 1 or Phase 2
stage of development.
Firm is an independent subsidiary of
U.S. Bancorp Piper Jaffray.
105