
Quan Capital
Description
Quan Capital is a prominent healthcare-focused venture capital firm, established in 2010, with a distinctive dual presence in Shanghai, China, and Palo Alto, California. This strategic positioning allows the firm to bridge the significant healthcare innovation ecosystems of both the United States and China, identifying and nurturing groundbreaking companies in the life sciences sector. Their investment mandate spans a broad spectrum of healthcare sub-sectors, including biopharmaceuticals, medical devices, diagnostics, and digital health, reflecting a comprehensive approach to addressing global health challenges.
The firm employs a flexible investment strategy, engaging with companies across various development stages, from early-stage startups to more mature, late-stage enterprises. Quan Capital typically seeks to lead or co-lead investment rounds, providing not only capital but also strategic guidance and operational support to its portfolio companies. Initial investments generally range from $10 million to $30 million, demonstrating their capacity to make substantial commitments to promising ventures. Their investment philosophy emphasizes long-term partnerships and a deep understanding of the scientific and commercial intricacies of the healthcare industry.
Over its operational history, Quan Capital has successfully raised and deployed significant capital across multiple funds. The firm closed its first fund, Quan Capital I, in 2010, followed by Quan Capital II in 2014, and Quan Capital III in 2019. Most recently, in March 2024, Quan Capital announced the final close of its fourth fund, Quan Capital IV, bringing its total assets under management to over $1.2 billion across these four dedicated healthcare funds. This consistent growth in fund size underscores investor confidence in their expertise and investment track record.
Quan Capital's portfolio showcases a strong track record of backing innovative companies that have achieved significant milestones, including successful public listings and strategic acquisitions. Their cross-border investment approach enables them to capitalize on unique opportunities arising from both established and emerging markets, fostering the development of novel therapies and technologies that address unmet medical needs globally. The firm's commitment to advancing healthcare innovation is evident in its sustained investment activity and the impactful contributions of its portfolio companies to the life sciences landscape.
Investor Profile
Quan Capital has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 5 rounds, about 21% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in United States, China, United Kingdom.
- Strong thematic focus on Biotechnology, Health Care, Pharmaceutical.
- Typical check size: $10M – $30M.
Stage Focus
- Series A (42%)
- Series B (38%)
- Series C (13%)
- Series D (4%)
- Series Unknown (4%)
Country Focus
- United States (71%)
- China (13%)
- United Kingdom (8%)
- Hong Kong (4%)
- Switzerland (4%)
Industry Focus
- Biotechnology
- Health Care
- Pharmaceutical
- Medical
- Biopharma
- Life Science
- Therapeutics
- Oncology
- Clinical Trials
- Precision Medicine
Frequently Asked Questions
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