VC  BioStar Capital

https://www.biostar.capital/





     Office Locations:

206 Bridge Street
Charlevoix, MI 49720
Phone: 231-497-1286
Fax: 231-497-1298

 

Stages:

  • Early
  • Expansion
  • Growth
  • Seed


 

Industries:

  • Life Sciences & Healthcare
  • Medical Device

  •  

    Description:

    BioStar Capital is a venture capital partnership formed in 2003 by physicians and medical business leaders to invest primarily in early-stage medical devices. BioStar prefers to invest in the cardiovascular, orthopedic, neuroscience, and gastroenterology clinical specialties, but the partners are also interested in looking at biomaterials and how they can be used in any type of clinical area. If appropriate, BioStar will serve as lead investor but will participate in follow on investments as well. The firm's initial investment in a company ranges from $250K - $3 million, depending on the technology and stage of a company's development. BioStar intends to support portfolio companies in their follow-on financing rounds through time of exit. Accordingly, BioStar invests between $2-$6 million over the life of an investment. BioStar invests in companies throughout the United States and Israel. BioStar announced (December 2023) it has closed its fifth fund at $130.3 million.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Louis A. Cannon MD, FACC, FACP, FACA, FCCP Founder and Senior Managing Director
    Mark Toland Entrepreneur-in-Residence
    Michael Fulton MD Senior Managing Director
    Renee Masi Managing Director
    Steven L. Almany MD, FACC Late Emeritus Sr. Managing Director

     

    Portfolio companies include:


      Ablative Solutions


      Amplitude Vascular Systems


      Autonomix


      AVS
        web link


      Foldax


      Medical Microinstruments


      Olympic Ophthalmics


      REVA Medical


      Trice Medical


      Versa Vascular


     

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