Jacob Johnson’s Post

How it is done.

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

Great article about the steps to getting your biotech startup funded.

Research Institution Proof of Concept, Startup Accelerator, and Venture Fund Gap Fund and Accelerator Programs (GAP for short) #innovation #university #research #gapfunding #proofofconcept #startup #accelerator #venture #commercialization

PwC NZ Startup Investment (Autumn 2024) report is available. Summary and link below. * Total investment in startups for 2023 was $163m, compared to $186m in 2022 (-12% year-over-year) * Total number of deals similar between 2023 (144) compared to 2022 (142) * In 2023, the number of new deals completed decreased to 40, compared to 46 in 2022, and 61 in 2021 * Average amount raised for new startups declined by 22%, from $1.6m in 2022 to $1.2m in 2023 * DeepTech (HealthTech, AgTech, CleanTech, ClimateTech, SpaceTech, Pharmaceuticals, BioTech) accounted for 38% of total capital funding in 2023 * Among the DeepTech sub-sectors, HealthTech attracted the lion’s share of the funding (45%), followed by CleanTech (23%) * Software was the second preferred sector, securing 30% of the total investment https://lnkd.in/gJPYcne9

Seed funding generally represents the first official equity funding stage for startups. This type of early-stage funding is pivotal for most startups, particularly in the biotech field where initial research and development costs can be substantial, because it provides the essential capital needed to transition from concept to early operational stages, such as conducting preliminary research, prototyping, and securing intellectual property. Venture capital firms participate quite frequently in seed rounds these days, providing capital from what is called a fund. A fund is simply a sum of money a group of investors have committed to an investment, and the investors who supply the fund with money are designated as limited partners. Angel investors are typically affluent individuals or experienced entrepreneurs who invest their personal funds in startups. Ultimately, it's not just about securing capital but also about finding the right partners who can provide support, insight, and connections that are essential for navigating the challenging path of biotech innovation.