Kimberly Nearing’s Post

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Venture Partner I Chief Business Officer I Board Director - Fundraising I Business Development I Investor Relations I Deal Sourcing I Commercialization - U.S. I Asia I GCC Region - Life Sciences I Biotech I HealthTech

Private Biotech Fundraising - Maximize Investor Engagement by overpreparing and having a detailed memo in addition to an investor deck – not common, but A+ approach. Despite a rise in private funding for biotech startups in Q1 2024, the market has largely plateaued since 2022, presenting ongoing challenges for many private biotech firms. To maximize investor engagement and boost your chances of expediting the fundraising process. I strongly advise teams to be exceptionally well-prepared and proactive. Do a Memo too! It's fundamental to have a thorough pitch deck that presents an investment thesis right from the start. However, it’s equally crucial to prepare a comprehensive memo covering all bases—this includes the competitive landscape, distinct advantages, potential risks, fundraising specifics, founders' backgrounds, product details, and market size. Such preparation makes it easier for venture capitalists (VCs) to grasp the business's potential and can accelerate the investment process. Founders should meticulously guide VCs through their diligence by providing comprehensive and easily digestible information. This approach not only streamlines the evaluation process but could also enhance your startup's positioning in the eyes of potential investors. By offering detailed insights, you can help VCs with their due diligence and prevent them from misinterpreting your business's position, leading to a more accurate and favorable assessment. Although not widely adopted, this proactive approach can be very useful in guiding VCs through the diligence process, making it easier and quicker for them to understand and invest in your business.   https://lnkd.in/eRyaEmti   #Privatebiotechfundraising #Bestpractices #Privatebiotechfundraisingguidance

Private biotech funding rises as venture firms deploy cash

Private biotech funding rises as venture firms deploy cash

biopharmadive.com

Dr Fabio D'Agostino

Empowering scientists to build biotech startups. Supporting large organizations in global innovation and expansion, with expertise in cell and gene therapy. DEI advocate and emotional intelligence champion

7mo

Very true Kimberly

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