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Targeted Technology Fund operates as a venture capital firm focused on early-stage technology investments. The firm identifies and supports companies developing groundbreaking or disruptive technologies, with an emphasis on life sciences. Its strategy provides crucial capital to high-potential ventures, fostering growth from initial development through market entry.
Established in 2009, Targeted Technology Fund originated from the insight that early capital significantly accelerates technological innovation. The firm was founded to capitalize on promising early-stage ventures, often managed alongside Incyte Venture Partners. This foundation enabled the fund to build a portfolio centered on emerging technologies poised for market disruption.
The firm's core beneficiaries are innovative, early-stage companies receiving financial backing and strategic guidance. Targeted Technology Fund aims to contribute to transformative solutions across diverse industries, particularly life sciences. Its long-term vision is to cultivate enterprises capable of reshaping technological landscapes and delivering lasting impact.
Targeted Technology Fund has 4 tracked investments across 4 companies. The latest tracked deal is $16.7M Series C in Aerin Medical in March 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 22, 2016 | Aerin Medical | $16.7M Series C | KCK Group, Targeted Technology Fund | — |
| Apr 14, 2015 | StemBioSys | $8.0M Series A | Targeted Technology Fund | — |
| Oct 1, 2014 | DNAtriX | $20.0M Series B | Reenie Mccarthy | Mercury Fund |
| Mar 27, 2012 | Bi02 Medical | $13.7M Series B | Pasadera Capital, Targeted Technology Fund | State OF Texas |