Areas of particular interest:

• Life Sciences, including therapeutics, medical devices, diagnostics, research tools and services, materials, healthcare, and healthcare services
• Clean technology, with an emphasis on green chemistry
• Information technology including mobile and social web

We generally spend considerable time with scientists and managers both before and after making investments, developing and refining the business strategy, recruiting management, developing and helping to implement partnering strategies, securing laboratory and equipment financing, etc.

Our initial investments may range from several hundred thousand dollars to $1 million or more, with substantial capital reserved for follow-on investments.  For example, we might invest $250,000 to fund needed proof of concept work, $1. 0 million in a first (“Series A”) investment round, with additional capital reserved for  subsequent rounds.  As a broad and sound investor base is critical to both a company’s success and to attractive investment returns, we expect to build an investment syndicate with other institutional investors early in each company’s development.

While there is no requirement that companies be located in or near New Haven, that is our focus and we believe the New Haven area to be an excellent location for a life sciences focused technology business given:

• Affordable office and laboratory space
• Access to a highly skilled workforce
• Proximity of Yale University, research hospitals, and a number of large pharmaceutical and biotechnology companies as well as other large technology companies
• Excellent quality of life, with appealing choices of places to live, a rich mix of restaurants and cultural events, and easy access to outdoor recreational activities on the ocean, on the lakes, and in the mountains of New England.