
BioStar Capital
Description
BioStar Ventures is a specialized venture capital firm based in Petoskey, United States, dedicated to investing in early to later-stage medical device companies. The firm's core focus lies in breakthrough technologies within the cardiovascular and orthopedic medicine sectors, aiming to support innovations that address significant unmet clinical needs and improve patient outcomes. With a deep understanding of the regulatory landscape and market dynamics in the medical device industry, BioStar Ventures provides not only capital but also strategic guidance and operational support to its portfolio companies.
The firm's investment strategy is characterized by its commitment to long-term partnerships, often participating in multiple funding rounds as companies mature. BioStar Ventures typically targets initial investments ranging from $5 million to $15 million, demonstrating a preference for substantial early-stage commitments that can significantly propel a company's development. While their initial checks fall within this range, the firm has the capacity to invest up to $25 million over the lifecycle of a single portfolio company, underscoring their dedication to supporting successful ventures through various growth phases.
BioStar Ventures has built a robust track record, having raised over $250 million in capital commitments across four distinct funds. This substantial capital base enables them to be a significant player in the medical device investment landscape. As of recent data, the firm has made over 40 investments and successfully achieved 16 exits, validating their expertise in identifying and nurturing promising medical technology companies. Their portfolio reflects a diverse range of innovations, from novel surgical instruments to advanced diagnostic tools, all aligned with their mission to advance healthcare.
Investor Profile
BioStar Capital has backed more than 47 startups, with 0 new investments in the last 12 months alone. The firm has led 13 rounds, about 28% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series C, Series D rounds (top funding stages).
- Majority of deals are located in United States, Israel, Italy.
- Strong thematic focus on Medical Device, Health Care, Medical.
- Typical check size: $5M – $15M.
Stage Focus
- Series B (38%)
- Series C (19%)
- Series D (11%)
- Series A (11%)
- Post Ipo Equity (6%)
- Series F (4%)
- Debt Financing (4%)
- Series Unknown (4%)
- Private Equity (2%)
Country Focus
- United States (89%)
- Israel (6%)
- Italy (4%)
Industry Focus
- Medical Device
- Health Care
- Medical
- Biotechnology
- Manufacturing
- Health Diagnostics
- Robotics
- Wellness
- Therapeutics
- Pharmaceutical
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