Venture Capital and Angel Investor Groups
Diverse angel investors and venture capital firms in North Carolina provide seed and growth funding for biotechnology companies.
Venture Capital Firms
- Excelerate Health Ventures
Excelerate Health Ventures was founded by experienced entrepreneurs with extensive startup and investment experience. Excelerate has specific scientific, business, financial, intellectual property and start-up experience. Excelerate invests in groundbreaking companies that change the way healthcare works.
- Hatteras Venture Partners
Hatteras Venture Partners is a venture capital firm formed to invest primarily in early stage companies with a focus on biopharmaceuticals, medical devices, diagnostics, healthcare IT, and related opportunities in human medicine. The firm will typically invest in companies located in the research-driven regions of North Carolina and the Southeastern United States, which are undercapitalized in comparison to New England and California. Founded in 2000 and based in Durham, NC, Hatteras has five funds and approximately $450 million under management.
- IDEA Fund Partners
IDEA Fund Partners is a seed and early stage venture capital firm focused on investing in and working alongside innovative technology companies in the Southeast and Mid-Atlantic regions. With offices in Durham, North Carolina, IDEA Fund Partners invests mainly in companies developing software, medical devices or other technologies where intellectual property is an important asset and source of differentiation from competitors.
- Intersouth Partners
Based in Durham, N.C., Intersouth Partners seeks a broad range of investment opportunities in the technology and life science sectors. Intersouth Partners has invested in more than 100 early-stage life science and technology companies since its founding in 1985. Intersouth manages $780 million in seven venture capital limited partnerships.
- Pappas Ventures
Pappas Ventures is focused exclusively on investing in the life sciences sector (including biotechnology, biopharmaceuticals, drug delivery, medical devices, and related ventures) across the United States and Canada. Our entire team works closely with our portfolio companies and investors to deliver superior results for everyone involved.
- Rex Health Ventures
Rex Health Ventures (RHV) is part of Rex Healthcare’s groundbreaking innovation platform, Rex Strategic Innovation (RSI). RHV features an early stage venture fund, a team of healthcare and investment professionals and a commitment to improving patient care. RHV supports the discovery and development of new treatments, tools, products and services that foster innovation and positively impacts the provision of healthcare. RHV invests in and partners with companies and entrepreneurs throughout North Carolina and the U.S. to help bring their products and services into the healthcare marketplace.
- River Cities Capital Funds
River Cities seeks to invest in high-growth IT and healthcare companies that have a market-validated proposition. Founded in 1994 in Cincinnati, Ohio, River Cities has nearly $600 raised to date and more than 100 investments made. The firm has an office in Raleigh, N.C.
- Tidewater Equity Partners
Founded in late 2016, Tidewater Equity Partners is a North Carolina investment firm focusing on small company direct investment as well as healthcare venture capital. Tidewater looks for buyout, controlling interest, and recapitalization opportunities in small companies across multiple industries in North Carolina and the Southeast.
Angel Investor Organizations
- Carolina Angel Network (CAN)
The Carolina Angel Network provides an angel investing platform and co-investment fund that leverages the UNC alumni network. Portfolio companies must have a UNC affiliation and be headquartered in the United States.
- Duke Angel Network (DAN)
The Duke Angel Network (DAN) supports the Duke entrepreneurial community with an angel investing platform and co-investment fund that leverages the Duke alumni network. Companies must have a Duke affiliation and be located in the United States.
- Inception Micro Angel Fund (IMAF)
IMAF is a family of member-managed, seed-stage angel capital funds with affiliates located in six major regions of North Carolina - IMAF Cape Fear (Wilmington), Charlotte Angel Fund (Charlotte), IMAF Coastal Plain (Rocky Mount), IMAF East (Greenville), IMAF RTP (RTP), IMAF Sandhills (Fayetteville), IMAF Triad (Greensboro), and IMAF West (Asheville).
- Piedmont Angel Network (PAN)
PAN is a member-managed angel investment group that focuses on investment opportunities in early-stage companies with high potential for rapid growth. PAN prefers life science, software, and technology investments in the North Carolina Piedmont Triad region, but companies from the neighboring states of South Carolina and Virginia that meet the group’s investment requirements are also welcome.
- RTP Capital Associates
RTP Capital Associates is a consortium of individual accredited angel investors who are passionate about entrepreneurship and who have a sincere desire to help the entrepreneurs in whom they individually invest. Its members typically provide insight, guidance, mentoring, connections, and other strategic resources, including Board of Director representation, in an attempt to mitigate investment risk and enhance value for the regionally based seed stage companies in which they invest.
- Triangle Angel Partners (TAP)
Triangle Angel Partners is an experienced band of angel investors, in the high tech and life sciences industries, interested in investing their time, analysis and money into early life cycle companies.
- Wilmington Investor Network, LLC (WIN)
WIN is a private equity fund of angel investors located in Wilmington, North Carolina. WIN provides capital to early-stage, high-growth companies throughout eastern North and South Carolina that have the potential to provide a high rate of return on investment. WIN is a founding member of the Angel Capital Association and works with other angel investment groups in the area to leverage expertise, experience, and financial power to help emerging companies and to benefit its members.
- Wolfpack Investor Network (WIN)
The Wolfpack Investor Network provides an angel investing platform and co-investment fund that leverages the NC State alumni network. Portfolio companies must have an NC State affiliation and be headquartered in the United States.