Vulcan Medical Ventures, Inc is a small private venture capital company founded in January 2000. Located in Birmingham, Alabama, VMV is interested in identifying significant investment opportunities in the biomedical markets.VMV provides seed, start-up, and early stage financing to help in the development of emerging biotechnology and medical product based companies with products and technology having significant market potential.Our approach is to forge a partnership with the company's founders and together, build an effective management team capable of meeting significant milestones and growing a successful company. In general, VMV will be the lead investor in the seed round to maximize influence on pricing and structure of each investment.We do not expect to maintain operating control of the company, but will take an active role in each investment to ensure ongoing performance of its portfolio companies. This active role will provide the added management experience designed to enhance valuations and achieve substantial returns.Total investment per portfolio company will be up to $450,000 with the average initial investment per portfolio company between $150,000-$300,000. The investment will be in the form of a combination of Convertible Preferred Stock and Common Stock.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jun 24, 2002
Infinity Pharmaceuticals
|
Series B | $70M | Biopharma | — |
Mar 17, 2000
Rocket Network
|
Series Unknown | $15M | Internet | — |
Dec 14, 1999
HarvardNet
|
Series Unknown | $70M | E-Commerce | Yes |
Vulcan Medical Ventures has had 2 exits. Vulcan Medical Ventures most notable exits include Rocket Network , Infinity Pharmaceuticals
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Feb 14, 2012 | Rocket Network | M&A | Internet | Detail |
Aug 4, 2009 | Infinity Pharmaceuticals | IPO | Biopharma | Detail |