An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Avestria Ventures is a San Francisco-Bay Area venture capital firm focused on women’s health and female-led life sciences companies
SAN FRANCISCO--(BUSINESS WIRE)--
Avestria Ventures, a Bay Area-based life sciences venture fund, has closed Avestria Ventures Fund I.
Founded by veteran life science industry executives Linda Greub and Corinne Nevinny, Avestria invests in early-stage women’s health companies and female-led life science ventures.
Avestria seeks to generate strong returns by focusing on these two under-invested sectors. Although the NIH has accepted sex as a biological variable since 2016, less than 1% of the venture capital invested in the $4T US healthcare industry was directed towards women’s health in 2020 according to Pitchbook Inc. Similarly, only 2.3% of venture capital was invested in female-led companies last year, even though female-led teams generate a 35% higher ROI than all-male teams.
“Men still represent approximately 85% of the investment partners at venture capital firms,” Greub summarized, “and many of them are missing out on great investment opportunities when they underinvest in women’s health and female entrepreneurs.”
Avestria closed Fund I to new investors due to the June 16thacquisition of its portfolio company Alydia Health for up to $240M by Organon (NYSE: OGN), a global women’s health company. Uqora, a second Avestria portfolio company, was acquired on July 1st by Pharmavite for an undisclosed amount.
“We believe that both of our focus areas – women’s health and female-led life science companies – are ripe for innovation,” Greub concludes. “And the two exits we’ve already had indicate that strategic investors are beginning to draw the same conclusion.”
About Avestria:
Avestria Ventures was launched in 2019 to invest in early-stage women’s health and female-founded life science ventures. Its co-founders each bring 30+ years of healthcare investment and operating expertise, as well as their extensive life science industry networks, to the firm.
Avestria invests in life science companies that have products or services which address unmet needs, improve healthcare quality and/or access, maintain or lower costs, and induce clinical or behavioral change. You can learn more about Avestria, its team, and its portfolio companies via the firm’s blog,website, LinkedIn, or Twitter.
organon is a dutch pharmaceutical company started in oss the netherlands. it is famous for "the pil" a birthcontrol pil. organon grew as a company and was taken over by schering plough and later on by merck and continues as msd in the netherlands. in the old days the compant was great, it used to be "gezellig" !
