Loading organizations...
§ Venture Capital · Wilmington, DE, USA
Racing Beach Ventures is a venture capital firm that provides funding to innovative startups and growth-stage companies. The firm focuses on identifying and supporting promising ventures across various sectors, with a notable emphasis on life sciences. It leverages its investment capital to foster development and scale nascent businesses, actively seeking opportunities within emerging markets and technologies.
The firm operates as a venture capital investment vehicle based in Wilmington, Delaware. Specific details regarding its founders, the precise inception date, or the foundational insight that led to its establishment are not publicly detailed. It functions with managing members overseeing its investment activities and portfolio companies.
Racing Beach Ventures primarily serves early-stage and expanding companies seeking strategic investment to propel their growth. The firm’s overarching vision centers on identifying and backing companies that demonstrate potential for substantial impact and growth within their respective industries. It aims to contribute to the advancement of new technologies and business models through its financial commitments.
Racing Beach Ventures has 1 tracked investment across 1 company. The latest tracked deal is $100.0M Series C in Odyssey Therapeutics in December 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2023 | Odyssey Therapeutics | $100.0M Series C | Lorence KIM | OrbiMed, SR ONE, Third Rock Ventures, AB Magnitude Ventures Group, Alexandria Venture Investments, Blackmars Capital, Catalio Capital, Colt Ventures, Creacion Ventures, CU Healthcare Innovation Fund, Fidelity Management & Research Company, Foresite Capital, General Catalyst, Global Bioaccess Fund, HBM Healthcare Investments, KB Investment, T. Rowe Price Associates, Walleye Capital, Woodline Partners |