Life science startups, especially in western North Carolina, have a new source for investment capital: Dioko Ventures.
Some $25 million is available.
“Dioko Ventures targets early stage investment opportunities with a focus on healthcare services and information technology meeting the following criteria,” Dioko says.
“Healthcare and Technology startups led by strong management teams with sector specific expertise.”
The fund is seeking “investment opportunities that are driving change in healthcare and helping current institutions adapt to a world in which they must be better, faster, and cheaper” and “technologies that are largely outside the scope of healthcare EMR solutions.”
Dioko has offices in the Wake Forest Innovation Quarter in Winston-Salem and Edison Nation Medical in Charlotte.
Dioko is managed by FCA Venture Partners, which is the venture capital manager of Clayton Associates. FCA is based in Nashville, Tenn.
FCA and affiliates have invested over $150 million in more than 90 companies.
Partners with Dioko include:
- Wake Forest Innovation Quarter
- Inmar
- Wake Forest University Baptist Medical Center
Specific investment criteria
- Industry: Healthcare Services & Information Technology
- Investment Size: $500,000 – $1,500,000
- Revenue Requirement: $50,000+ Annual Run Rate
- Location: The fund has a focus on Western North Carolina, but has the ability to invest anywhere in the U.S.
Make your pitch
“We are specifically focused on software solutions that make processes faster, better, and cheaper within the healthcare system. These often have recurring revenue models and are disrupting an outdated, manual process,” the firm says.
“If you have a business that meets this investment criteria, please email us your company’s presentation.”
Learn more at:
http://www.diokoventures.com/
