We are driven by respect for the bold entrepreneurs who wake up every morning with the same goal as Magnetic – to use the most cutting-edge technology to improve patients’ lives.
We seek exceptional science and extraordinary founders. The entrepreneurs we back are fluent across the languages of biology, chemistry, software, hardware, ML, and AI. Our team mirrors these founders, with technical expertise in engineering, biology, genomics and biotechnology.
We understand the complex world of healthcare.
With regulatory and market dynamics unique to the sector, from discovery, to regulatory, through commercialization, we know how to navigate these complexities and understand the entire lifecycle of healthcare. During our decades in the industry, we’ve sat in FDA meetings, negotiated business development deals, and have launched and scaled some of the most ground-breaking technologies and companies in the sector including PCR.
What we look for
The what & who we invest in
Target Investments
Companies at the interface of technology and life sciences with a focus on software tools, artificial intelligence, machine learning, multi omics, drug discovery, precision medicine, and tech-enabled services.
Investment Size
Our initial checks range from $1m to $6m. We reserve for follow-on investments and aim to be a part of the company's growth.
Stage
Our ideal entry point is Seed financing or Series A. We like to get involved early and be a core part of the team, supporting founders from day one, through the lifecycle of their company.
Geography
We have offices in Boston, Miami and Research Triangle Park. We invest primarily in North America and Europe, and are open to other regions. We spend time with portfolio companies regardless of location.