The Wexford SciTech Venture Fund is focused on investing in early-stage companies in the industry sectors operating or seeking to operate in markets where Wexford has or is developing a Knowledge Community.
The Fund is focused on investing in early and late-stage seed opportunities. The fund will initially concentrate its efforts primarily in life sciences and technology companies. In addition to financial support, portfolio companies will have access to Wexford’s substantial network of university talent, industry experts, strategic partners, and resources to help them scale and grow.
Sector and Eligibility
The Fund is focused on companies in industry sectors operating or seeking to operate in markets where Wexford has or is developing a Knowledge Community. The Fund will seek to invest in a diverse set of companies.
Stage: The Fund typically invests in seed and early growth rounds, preferably in the form of convertible debt or SAFE, but it will consider Series A companies or later rounds that could dramatically improve the Fund’s financial return.
Target Size and Target Valuation: The Fund will typically make investments in companies of between $150,000 and $500,000 but may invest more, or less as needed. The Fund invests in companies typically with a pre-money valuation of $15 million or less.
Matching: The Fund targets a minimum 1:1 match of funding from other co-investors at the same or no better commercial terms.
Portfolio Companies
3Daughters is a clinical development company focused on evolutionary healthcare for women where attention is desperately needed for cutting-edge research and innovation. 3Daughters’ vision is to solve health issues for women, particularly significant (neglected) problems.
Astek is a Baltimore-based medical device diagnostics company, with strong founder roots to the University of Maryland, Baltimore, that has developed an automated instrument that confirms presence of Urinary Tract Infections and simultaneously identifies best antibiotics to treat the infection considerably quicker than current clinical standards.
Expert Orthopedic care from start to finish. At Commons Clinic, our top-ranked orthopedic specialists provide comprehensive minimally-invasive surgical and conservative musculoskeletal care.
Our mission is to develop a superior vaccine platform to improve clinical outcomes for cancer patients. Our vaccine platform is flexible, cost effective, and has a broad application across different tumor types. Our preclinical proof of concept studies were done with a colorectal cancer vaccine.
KaloCyte is developing ErythroMer, a dried, bio-inspired artificial red blood cell, to treat life-threatening blood loss when stored red blood cells are unavailable, undesirable or in short supply.
Previse is a Baltimore-based life science company spun out of Johns Hopkins University, with strong Founder roots the University of Maryland, Baltimore, focused on the development and commercialization of early diagnostic tests for Esophagus cancer detection and prevention.
Scientific Advisory Board
- Nilofer Saba Azad, M.D.
- Bob Storey
- Kyp Sirinakis
- Kristen Valdes
- Neil Davis
- Rick Kohr
Learn More about the Wexford scitech venture fund
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