VC  Pappas Ventures

     Office Locations:

2520 Meridian Parkway, Suite 400
Durham, NC 27713

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  • Early
  • Expansion
  • Growth
  • Seed



  • Life Sciences & Healthcare
  • Medical Device



    Pappas Ventures is a life sciences venture capital firm located in the Research Triangle area of North Carolina. Since 1994 the firm has been investing in and nurturing promising young companies. For nearly 25 years Pappas Ventures has been investing in and building innovative companies that are developing the next generation of life science products and technologies. Pappas has $353 million in capital under management and has invested in more than 50 portfolio companies throughout the United States. The firm invests exclusively in the life sciences sector: biotechnology, biopharmaceuticals, specialty pharmaceuticals, drug delivery, and medical devices. Pappas Ventures invests a substantial portion (about half) of its capital in early-stage companies that have yet to begin testing their products in clinical trials. Pappas invests the other half in companies whose lead products are at the Phase 1 or Phase 2 stage of development. Investment size ranges from $100,000 in a seed deal to as much as $6 million in a later-stage mezzanine transaction.

    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
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    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.
    Arthur M. Pappas Managing Partner
    Cookie Yu PhD Associate
    Ernie Mario PhD Venture Partner
    Ford S. Worthy JD Partner and Senior Advisor
    Franz Humer PhD Venture Partner & Senior Advisor


    Portfolio companies include:


    Recent News: