$23M sweet spot round size
Most of their 43 investments are in rounds between $13M and $36M
1994
VelosBio Inc. raised $58M on October 1, 2018
Investors: Chiesi Ventures, Arix Bioscience plc, Sofinnova Ventures, Russia technology fund, Decheng Capital, Takeda UK Limited and Pappas Ventures
Kezar Life Sciences raised $50M on July 25, 2017
Investors: Chiesi Ventures, Omega Funds, Bay City Capital, AJU IB INVESTMENT, Qiming Venture Partners, Cowen Inc. and Pappas Ventures
Evidation Health raised $3.4M on October 11, 2016
Investors: GE Ventures, Fresco Capital, B Capital Group and Pappas Ventures
Rotation Medical raised $12M on August 16, 2016
Investors: EQT Life Sciences and Pappas Ventures
Milestone Pharmaceuticals, Inc. raised $17M on June 15, 2015
Investors: Inovia Capital, Domain Associates and Pappas Ventures
Undisclosed raised $21M on March 31, 2015
Investors: MP Healthcare Venture Management Inc, Advanced Technology Ventures, Lumira Ventures, S.R. One Ltd and Pappas Ventures
Balance Therapeutics Inc. raised $18M on March 19, 2015
Investors: Mohr Davidow Ventures and Pappas Ventures
Aura Biosciences raised $21M on March 5, 2015
Investors: Lysosomal Therapeutics Inc., Chiesi Ventures, Ysios Capital, Advent Life Sciences, LI-COR Biosciences and Pappas Ventures
Rotation Medical raised $27M on July 2, 2014
Investors: EQT Life Sciences and Pappas Ventures
Lumena Pharmaceuticals, Inc. raised $45M on March 11, 2014
Investors: Adage Capital Management, RiverVest Venture Partners, Alta Partners, RA Capital Management, L.P. and Pappas Ventures