Navigation Links
Rady Venture Fund Develops Next Generation Tech Investors
Date:3/20/2013

SAN DIEGO, March 20, 2013 /PRNewswire-USNewswire/ -- The Rady School of Management's student-run venture capital fund, the Rady Venture Fund, has participated in a $16 million Series B raise in startup Savara Pharmaceuticals, which is developing an inhalable antibiotic to treat cystic fibrosis patients with lung infections. The Rady Venture Fund's investment in Savara was made in conjunction with an investment by the Tech Coast Angels, the largest and most active angel investor network in the U.S. The investment provided Rady MBA students invaluable, hands-on investment experience in deploying investment capital to support emerging companies.

"Unique to MBA schools, the Rady Venture Fund was started to support the Rady School's educational objectives in the areas of entrepreneurship, innovation and translation of discoveries into the marketplace," said Lada Rasochova, Director, California Institute for Innovation and Development and Managing Director, Rady Venture Fund. "Students take a series of courses in new venture finance and venture capital management where they gain hands-on experience in conducting due diligence and making investment decisions. Each investment is reviewed and approved by an investment committee of experienced venture capitalists and includes at least one independent external investor."

"The Rady Venture Fund students are instrumental in the process of identifying and evaluating investment opportunities, such as Savara," said Sergio Gurrieri , investor and business advisor at Tech Coast Angels. "Their diverse backgrounds contribute a wealth of experience and industry knowledge to ensure investments are technically and fiscally sound." 

"We are delighted to be a small part of the Rady vision to provide hands on experience to the Rady MBA students," said Rob Neville CEO of Savara Pharmaceuticals. "Industry leaders participated alongside students in a real deployment of investment capital, providing an excellent teaching opportunity. Savara has greatly benefited from the experience as well as access to the Rady network."

Rady student George Smith (MBA '13), a pharmaceutical scientist, explained that his work with the Rady Venture Fund fostered his exploration of a new career path. "As a Ph.D. scientist, who has been in drug discovery for a while, I wanted to expand my business skills and potentially start a company of my own," Smith said. "With this unique experience I have a much better grasp of how to seek initial startup funding and later, how to secure venture capital funding."

For Rady Alumnus Niall O'Donnell (MBA '06), a RiverVest Venture Partners principal, Rady Venture Fund life sciences investment committee member and advisor, the opportunity to mentor Rady Venture students was a rewarding experience. "The venture capital model is changing and the experience that the Rady Venture Fund provides students is a tremendous benefit to them and the region's emerging growth companies," O'Donnell said.

About the Rady School of Management at UC San Diego
The Rady School of Management at UC San Diego is a business school at the confluence of business, science and technology. Our MBA program encourages students to be visionaries who pursue the extraordinary, incubate new ideas, reinvent existing businesses and establish new companies. To find out more about the Rady School visit www.rady.ucsd.edu.


'/>"/>
SOURCE Rady School of Management
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Sunpeaks Ventures Files Defamation Lawsuit
2. Zyga Technology Announces $25 Million Venture Financing
3. Cannabis Science Gets Set to Release "Phytiva" Its Newest Brand of Over-the-Counter Skin and Nutraceutical Product Lines Through its Newest Venture Phytiva Pharmaceuticals Inc.
4. University of Michigans Wolverine Venture Fund Participates in $25 Million Series D Investment in Sonitus Medical
5. InnoPharma Inc. Raises $8 Million in Venture Debt
6. Practice Fusion Announces $34 Million in Financing Led by Artis Ventures
7. Pappas Ventures Names Pat Gage to Scientific Advisory Board
8. SJF Ventures Completes Oversubscribed Series A Round for BioSurplus
9. Sunpeaks Ventures Announces Second Quarter 2012 Results
10. Healthcare Expense Management Leader Patientco Receives $3.75M in funding led by BlueCross BlueShield Venture Partners and Sandbox Industries
11. MedImmune and WuXi AppTec Announce Joint Venture to Develop Novel Biologic for Chinese Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... YORK , Feb. 11, 2016 ... instruments commonly used in laboratories. These may range from ... condensers. Laboratory glassware is made from borosilicate glass because ... Laboratory plasticware, on the other hand, started gaining popularity ... it was easier to replace glass with plastic in ...
(Date:2/11/2016)... , Feb. 11, 2016   Health 2.0 ... of new health technologies, announced today " 10 Year ... in health tech over the past ten years.   ... nearly a decade, Health 2.0 has served as the ... and connected with thousands of technologies, companies, innovators, and ...
(Date:2/11/2016)... AAIPharma Services Corp./Cambridge Major Laboratories, Inc. ... development services for the pharmaceutical and biotechnology industries, ... in its Charleston, SC ... recent investments. Charleston ... with small-scale lyophilization. The site has invested in ...
Breaking Medicine Technology:
(Date:2/12/2016)... ... 2016 , ... According to an article published February 4th on ... portion of hernia repairs throughout the United States. Commenting on this article, Beverly Hills ... this trend has not only been expected, but it seems to be a natural ...
(Date:2/12/2016)... ... February 12, 2016 , ... ... announced a new initiative—the Siemens Foundation-PATH Ingenuity Fellowships—to develop the advanced skills ... recruit top students from U.S. universities who will draw from Siemens’ deep ...
(Date:2/12/2016)... Church, VA (PRWEB) , ... February 12, 2016 ... ... Store?, Feb. 29, 2016 — 1:30 p.m. – 3:00 p.m. EST, http://www.fdanews.com/fixeddosecombination ... issue in the life cycle of pharmaceutical products, garnering increased attention from all ...
(Date:2/12/2016)... ... ... Coco Libre, the maker of coconut water beverages with a purpose, is ... Coco Libre will offer musicians and celebrities the company’s signature Organic Coconut Water, a ... suite, held this year at the W Hollywood Hotel, has become a pre-show “must” ...
(Date:2/12/2016)... ... February 12, 2016 , ... Itopia, a ... the integration of Clarity Intelligence Platform (CIP) into Cielo®, a discovery, migration and ... intelligence (BI) to their small and medium business (SMB) clients. , ...
Breaking Medicine News(10 mins):