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Key people at Photon Fund.
Photon Fund operates as a venture capital firm dedicated to investing in deep-tech startups. The firm focuses on identifying and supporting innovative companies across cutting-edge technology and biotech sectors. It employs a strategic approach to transform fundamental scientific discoveries and hard technology into viable market solutions, backing enterprises that demonstrate significant potential for advancement and commercialization within specialized fields.
The firm was established in 2017 by David Wang, who serves as its Founder and CEO. Wang brought over two decades of experience in business and investment to the venture, driven by the insight that a focused capital partner could accelerate the development of groundbreaking deep science. This foundational principle guides Photon Fund's commitment to fostering next-generation technological and biological innovations through targeted investment.
Photon Fund targets early-stage companies developing foundational technologies in various scientific and engineering domains. The firm’s vision extends to cultivating a portfolio of enterprises that are not only financially promising but also contribute meaningfully to the evolution of critical industries. It seeks to be a catalyst for the commercialization of complex research, shaping future technological landscapes by transforming innovative concepts into tangible realities.
Key people at Photon Fund.
Photon Fund has 6 tracked investments across 5 companies. The latest tracked deal is $4.0M Seed in Amplicore in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 25, 2021 | Amplicore | $4.0M Seed | Photon Fund | Berkeley Catalyst Fund, Itic, SVE Capital |
| Dec 1, 2020 | Newomics | $7.9M Series B | BEN Harburg | Hongtao HOU, LDV Partners |
| Sep 1, 2020 | Cardea Bio | $8.0M Series A | Foothill Ventures (formerly Tsingyuan Ventures), Lifespan Investments, Serra Ventures, Jonathan Kabakoff | Michael JIN, Tsvc Capital, Agilent Technologies, Table Mountain Capital, Taihill Venture |
| Apr 1, 2020 | Nelumbo | $14.0M Series A | Prime Movers LAB, Keisuke IDE | 305 Ventures, C3 Ventures, Harmonix Fund, SQN Venture Partners, BEN Davenport, Berkeley Catalyst Fund, Danfoss, Darwin Venture Management, Neue Fund, Safar Partners |
| Jul 1, 2018 | Nelumbo | $6.0M Series A | Laura Smoliar | AHC, Harmonix Fund, Prime Movers LAB, 1517 Fund, Danfoss, UPC Renewables |
| Mar 2, 2018 | CARsgen Therapeutics | $60.0M Pre-Series C | Photon Fund | — |