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Brace Pharma

North America, Maryland, United States, Rockville

Description

Brace Pharmaceuticals Inc. is a Maryland-based investment company primarily focused on funding clinical-stage projects within the biotechnology and pharmaceutical sectors. Operating with a lean team, as indicated by their LinkedIn profile listing 2-10 employees, Brace positions itself as a specialized investor rather than a broad-spectrum venture capital firm. Their strategy appears to be highly targeted, seeking out promising therapeutic candidates that are advancing through clinical trials.

The firm gained public recognition as the lead investor in the $20 million Series A financing round for Tvardi Therapeutics, Inc., a clinical-stage pharmaceutical company developing STAT3 inhibitors. This significant investment, announced in May 2017, underscores Brace Pharmaceuticals' commitment to supporting innovative drug development at a critical juncture. As a lead investor, Brace likely contributed a substantial portion of this $20 million round, demonstrating their capacity to deploy meaningful capital into their chosen ventures.

While information on their broader portfolio remains limited, the Tvardi Therapeutics investment highlights Brace's preference for companies with clear clinical pathways and potential for high impact. Their focus on clinical-stage projects implies an appetite for later-stage venture risk, where initial efficacy and safety data are emerging, but significant capital is still required to navigate subsequent trial phases and regulatory approvals. This niche focus allows them to concentrate expertise and resources on a select number of high-potential opportunities within the complex pharmaceutical landscape.

Investor Profile

Brace Pharma has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 10% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Private Equity rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Biotechnology, Health Care, Therapeutics.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series B (40%)
  • Series C (30%)
  • Private Equity (10%)
  • Series D (10%)
  • Series A (10%)

Country Focus

  • United States (70%)
  • United Kingdom (25%)
  • Canada (5%)

Industry Focus

  • Biotechnology
  • Health Care
  • Therapeutics
  • Medical
  • Pharmaceutical
  • Genetics
  • Life Science
  • Biopharma
  • Developer Platform
  • Health Diagnostics
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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 Brace Pharma frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 4
Sectoral Asset Management
North America, Quebec, Canada, Montréal
Co-Investments: 5
CA
North America, Massachusetts, United States, Boston
Co-Investments: 3
Alexandria Venture Investments
North America, California, United States, Pasadena
Co-Investments: 4
Versant Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 5
Novo Holdings
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 3
OUP (Osage University Partners)
North America, Pennsylvania, United States, Bala Cynwyd
Co-Investments: 4
F-Prime Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Perceptive Advisors
North America, New York, United States, New York
Co-Investments: 5

Which angels does Brace Pharma often collaborate with?

RS
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Brace Pharma?

Antiva Biosciences

Del Mar, California, United States

Antiva Biosciences is a biopharmaceutical company developing therapeutics for the treatment of diseases caused by HPV infection.

BiotechnologyHealth CareMedical
Series DNov 2, 2021
Amount Raised: $31,000,000
Turnstone Biologics

La Jolla, California, United States

Turnstone Biologics is a privately-held clinical stage biotech company.

BiotechnologyInnovation ManagementTherapeutics
Series DJul 14, 2021
Amount Raised: $79,999,979
Pipeline Therapeutics

San Diego, California, United States

Pipeline Therapeutics is a developer of regenerative therapies designed to promote functional recovery of neurological diseases.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series CFeb 11, 2021
Amount Raised: $80,000,000
ReViral

Stevenage, Herefordshire, United Kingdom

ReViral is a biotechnology company that develops and offers antiviral therapies for patients.

BiotechnologyHealth CareMedicalTherapeutics
Series CAug 25, 2020
Amount Raised: $44,000,000
F2G

Manchester, Manchester, United Kingdom

F2G discovers and develops novel drugs for the treatment of life-threatening fungal diseases.

BiotechnologyGeneticsHealth CareMedicalPharmaceutical
Private EquityAug 12, 2020
Amount Raised: $60,800,000
HotSpot Therapeutics

Boston, Massachusetts, United States

HotSpot Therapeutics is a developer of a therapy platform designed to discover medicines and provide proper treatment.

BiopharmaBiotechnologyHealth CareLife ScienceTherapeutics
Series BMay 21, 2020
Amount Raised: $65,000,000
Pipeline Therapeutics

San Diego, California, United States

Pipeline Therapeutics is a developer of regenerative therapies designed to promote functional recovery of neurological diseases.

BiotechnologyHealth CarePharmaceuticalTherapeutics
Series BDec 18, 2019
Amount Raised: $32,000,000
Avidity Biosciences

San Diego, California, United States

Avidity Biosciences is a biotechnology company that develops oligonucleotide-based therapies for its patients.

BiotechnologyHealth CareLife SciencePharmaceuticalTherapeutics
Series CNov 13, 2019
Amount Raised: $100,000,000
ReViral

Stevenage, Herefordshire, United Kingdom

ReViral is a biotechnology company that develops and offers antiviral therapies for patients.

BiotechnologyHealth CareMedicalTherapeutics
Series BAug 1, 2018
Amount Raised: $55,000,000
Antiva Biosciences

Del Mar, California, United States

Antiva Biosciences is a biopharmaceutical company developing therapeutics for the treatment of diseases caused by HPV infection.

BiotechnologyHealth CareMedical
Series CJul 10, 2018
Amount Raised: $15,000,000