Issue link: https://nebusinessmedia.uberflip.com/i/1322632
BANKING & FINANCE BOOK OF LISTS 2021 | 15 NOTABLE CONNECTICUT VENTURE CAPITAL INVESTMENTS IN 2020 (Ranked by investment amount) Notable Connecticut venture capital investments in 2020 (Ranked by investment amount) Rank Company Amount Invested for VC Deal Investment stage Sector / Industry Investors Top executive/ Title 1 Rallybio 234 Church St. New Haven, CT 06510 203-859-3820; www.rallybio.com $145,000,000 Expansion Healthcare / drug development Canaan Partners; New Leaf Venture Partners; 5AM Ventures; F- Prime Capital; Tekla Capital Management; Connecticut Innovations; Fairview Capital Partners; Viking Global Investors; Mitsui & Co. Global Investment; Pivotal bioVenture Partners; The Rise Fund; Solasta Ventures Martin Mackay Chairman & CEO 2 Sema4 333 Ludlow St. North Tower, 8th Floor Stamford, CT 06902 800-298-6470; www.sema4.com $121,000,000 Expansion Healthcare / disease diagnosis Connecticut Innovations; Deerfield Management; Blackstone; BlackRock; Decheng Capital; Oak HC/FT Partners; Section 32; Moore Strategic Ventures Eric Schadt CEO 3 Simcha Therapeutics 504 Chapel St., 2nd floor New Haven, CT 06511 www.simchatx.com $25,000,000 Early Healthcare / biotechnology Connecticut Innovations; Sequoia Capital China; Undisclosed Investors; WuXi Healthcare Ventures Aaron Ring Founder 4 IsoPlexis 35 NE Industrial Road Branford, CT 06405 www.isoplexus.com $20,000,000 Expansion Healthcare / biotechnology Undisclosed Investors; Northpond Ventures Sean Mackay CEO 5 Diameter Health 10 Executive Drive Farmington, CT 06032 860-606-7490; www.diameterhealth.com $18,000,000 Expansion Software / healthcare software Optum Ventures Eric Rosow CEO 6 EvolveImmune Therapeutics 23 Business Park Drive Branford, CT 06405 860-856-7104; www.evolveimmune.com $17,550,000 Other Healthcare / biotechnology Pfizer Venture Investments; AJU IB Investment; Takeda Ventures Stephen Bloch CEO 7 Tangen Biosciences 20 Commercial St. Branford, CT 06405 203-433-4045; www.tangenbiosciences.com $12,200,000 Expansion Healthcare / biotechnology Connecticut Innovations; Elm Street Ventures; Leading Edge Ventures; VC23 Investors; Parvizi Surgical Innovations Richard Birkmeyer CEO 8 NeuroClear Technologies, a subsidiary of BioSig Technologies 54 Wilton Road, 2nd Floor Westport, CT 06880 203-409-5444; www.biosig.com $10,750,000 Other Medical devices / imaging & diagnostic equipment BioStar Capital Kenneth L. Londoner CEO 9 Covr Financial Technologies 1 American Row Hartford, CT 06102 844-430-2687; www.covrtech.com $7,500,000 Expansion Internet / eCommerce Connecticut Innovations; Undisclosed Investors; Fairview Capital Partners; Aflac Corporate Ventures Mike Kalen CEO 10 ProteoWise 34 Bryan Road Branford, CT 06405 203-430-4187; www.proteowise.com $6,300,000 Other Healthcare / biotechnology Connecticut Innovations Erik Gunther CEO 11 Solais Lighting 650 West Ave. Stamford, CT 06902 203-683-6222; www.solais.com $5,330,000 Other Electronics / lighting & LED Undisclosed investors Sam Newberry President & CEO 12 Transposon Therapeutics 285 Riverside Drive, Suite 250 Westport, CT 06880 949-422-9676 $4,250,000 Other Healthcare / pharmaceuticals Canaan Partners; Domain Associates Eckard Weber CEO 13 Inbox Health 55 Church St., 7th floor New Haven, CT 06510 866-480-2699; www.inboxhealth.com $3,500,000 Early Software / healthcare software Connecticut Innovations; Collaborative Fund; I2BF Global Ventures; StartUp Health; Commerce Ventures; Healthy Ventures Blake Walker CEO 14 Intelliboard 20 Aspetuck Lane Monroe, CT 06468 866-897-3767; www.intelliboard.net $3,400,000 Early Software / Application & data integration Connecticut Innovations; Leta Capital; Flashpoint Venture Capital; SmartHub Anatoly Kochnev CEO 15 Shoreline Biome 400 Farmington Ave. Farmington, CT 06032 www.shorelinebiome.com $3,000,000 Other Healthcare / biotechnology Undisclosed investors Bill McKenzie 16 TapestryHealth 99 Hawley Lane Stratford, CT 06614 203-666-8145; www.tapestryhealth.com $2,500,000 Early Internet / Healthcare Sopris Capital Associates David Chess CEO 17 Payveris 110 Court St., Unit 3B Cromwell, CT 06416 860-372-4111; www.payveris.com $2,250,000 (1) Later Internet software & services / Payments Connecticut Innovations; Mosaik Partners; Black Dragon Capital Ron Bergamesca CEO 18 Artizan Biosciences 150 Munson St., Suite 210 New Haven, CT 06511 www.artizanbiosciences.com $1,740,000 Early Healthcare / Drug discovery Undisclosed investors James Rosen CEO 19 Cybrexa Therapeutics 5 Science Park 395 Winchester Ave. New Haven, CT 06511 860-717-2731; www.cybrexa.com $1,700,000 Early Healthcare / Biotechnology Undisclosed investors Per Hellsund President & CEO 20 Enviro Power 3580 Main St. Hartford, CT 06120 860-206-2104; www.enviropowertec.com $1,530,000 Early Energy & utilities / Electric Connecticut Innovations; Burnham Holdings Dan Nadav CEO 21 Alpha5 12 Jarrod Drive Danbury, CT 06811 $1,500,000 Seed Internet software & services / Asset & financial management & trading Nima Capital; Polychain Capital; FBG Capital; Altonomy; CMT Digital; SNZ Holding Joseph Platano President 22 Lumeda 101 Hammer Mill Road, Suite K Rocky Hill, CT 06067 860-982-9588; www.lumedainc.com $1,000,000 Other Medical devices & equipment Connecticut Innovations Alexander Zinke CEO Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report, Data: Thomson Reuters. Notes: N/A = Not available. Investment stage "other" includes rounds not associated with a specific stage in a company's funding history such as corporate minority rounds where corporates take a minority stake in a startup, as well as a small number of unclassified rounds tracked that are not associated with a specific stage. (1) Total of two deals. —Compiled by Timothy Doyle.