VT

Virginia Tech Carilion (VTC) Innovation Fund

North America, Virginia, United States, Roanoke

Description

A venture capital fund primarily funded by Virginia Tech and Carilion Clinic.

Investor Profile

Virginia Tech Carilion (VTC) Innovation Fund has backed more than 10 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 40% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Grant rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Biotechnology, Medical, Pharmaceutical.

Stage Focus

  • Series A (40%)
  • Series B (20%)
  • Grant (10%)
  • Seed (10%)
  • Series Unknown (10%)
  • Debt Financing (10%)

Country Focus

  • United States (100%)

Industry Focus

  • Biotechnology
  • Medical
  • Pharmaceutical
  • Health Care
  • Wellness
  • Therapeutics
  • Food Processing
  • Eyewear
  • Life Science
  • Agtech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Virginia Tech Carilion (VTC) Innovation Fund frequently co-invest with?

Genoa Ventures
North America, California, United States, San Francisco
Co-Investments: 1
Astia Angels
North America, California, United States, San Francisco
Co-Investments: 1
Pharmstandard
Europe, Moscow City, Russian Federation, Moscow
Co-Investments: 2
Blue Leaf Ventures
North America, New York, United States, Manhattan
Co-Investments: 1
JDRF T1D Fund
North America, Massachusetts, United States, Boston
Co-Investments: 2
TEDCO
North America, Maryland, United States, Columbia
Co-Investments: 2
US
North America, Maryland, United States, Baltimore
Co-Investments: 2
Bioventures Investors
North America, Massachusetts, United States, Wellesley
Co-Investments: 1
Chainstay Capital & Advisors
North America, Ohio, United States, Columbus
Co-Investments: 1
Sanofi Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 2

Which angels does Virginia Tech Carilion (VTC) Innovation Fund often collaborate with?

BH
North America, California, United States, Palo Alto
Shared Deals: 1
KL
North America, Ohio, United States, Cleveland
Shared Deals: 1

What are some of recent deals done by Virginia Tech Carilion (VTC) Innovation Fund?

Acomhal Research

Roanoke, Virginia, United States

Acomhal Research is a biotech startup company that develops novel treatments targeting cancer cells.

BiotechnologyHealth CareLife Science
GrantJan 4, 2022
Amount Raised: $305,000
Clean Crop Technologies

Holyoke, Massachusetts, United States

Clean Crop Technologies specializes in advanced treatments for foods and seeds, effectively reducing mold, pathogens, and bacteria.

AgTechCleanTechFarmingFood ProcessingQuality AssuranceWaste Management
Series ADec 15, 2021
Amount Raised: $6,000,000
Veralox Therapeutics

Frederick, Maryland, United States

Veralox Therapeutics develops small molecule therapeutics that treat the underlying pathologies of thrombosis and type one diabetes.

BiotechnologyMedicalPharmaceuticalTherapeutics
Series AJun 16, 2021
Amount Raised: $16,600,000
BRAINBox Solutions

Richmond, Virginia, United States

BRAINBox provides objective evidence of injury and prediction of patient recovery.

BiotechnologyHealth CareWellness
Series ADec 8, 2020
Amount Raised: $23,000,000
Panaceutics Nutrition

Ringgold, Virginia, United States

Panaceutics Nutrition produces individually customized smoothies with proprietary cost-effective robotic technology.

FitnessHealth CareNutritionPersonalizationWellness
Series AApr 20, 2020
Amount Raised: $5,000,000
Farmer Focus

Harrisonburg, Virginia, United States

Farmer Focus's mission is to promote and protect generational family farms by humanely raising organic chicken.

Food Processing
Series UnknownDec 17, 2019
Amount Raised: $15,000,000
Veralox Therapeutics

Frederick, Maryland, United States

Veralox Therapeutics develops small molecule therapeutics that treat the underlying pathologies of thrombosis and type one diabetes.

BiotechnologyMedicalPharmaceuticalTherapeutics
SeedSep 5, 2019
Amount Raised: $5,400,000
PlanetIQ

Golden, Colorado, United States

PlanetIQ utilizes commercial satellite constellation to provide weather data to inform on-the-ground decision making.

AerospaceGPSInformation Technology
Series BJul 10, 2019
Amount Raised: $18,700,000
TearSolutions

Charlottesville, Virginia, United States

TearSolutions is a pharmaceutical company that specializes in providing medical solutions for dry eyes.

EyewearMedicalPharmaceutical
Debt FinancingMar 21, 2019
Amount Raised: $6,400,000
TearSolutions

Charlottesville, Virginia, United States

TearSolutions is a pharmaceutical company that specializes in providing medical solutions for dry eyes.

EyewearMedicalPharmaceutical
Series BDec 7, 2017
Amount Raised: $8,500,000