Investor Type | Firm |
Industries | BioTech • HealthTech (& Fitness) • Medical Devices (& Hospital Services) • Healthcare (& Wellness) • Pharmaceutical (& Medicine) |
Stages | Seed, Series A, Series B |
Investing | United States |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
Assets Under Management | $50,000,000 |
Action Potential Venture Capital (APVC) is a corporate venture capital arm of the GlaxoSmithKline group of companies, with a focus on pioneering the future of bioelectronic medicines. Based in Cambridge, Massachusetts, APVC was founded by GSK in 2013, and it takes a hands-on approach to venture capital, investing globally while actively participating in the boards of startups. The fund specializes in bioelectronic medicines, neuromodulation therapies, and the broader healthcare sector, targeting disruptive innovations in the field. Bioelectronic medicine is an emerging field that applies hardware, computing, and material science to control neural or cellular activity, which can treat chronic diseases by harnessing the body's natural electrical systems. APVC aims to modulate the nervous system to address various diseases through targeted forms of energy, including electrical, electromagnetic, and acoustic. The firm invests in companies at Seed, Series A, and Series B stages, with investments ranging from $100,000 to $5,000,000 and a sweet spot of around $1,500,000 per investment. They manage assets totaling $50,000,000. Their commitment goes beyond financial investment to include fostering diversity and an inclusive work environment. They extend this commitment to their investment team and the startups they back, ensuring the formation of a more equitable healthcare investor and entrepreneurial community. APVC's portfolio includes innovative companies that align with their strategic interest in the dynamic and transformative space of bioelectronic medicines. The firm's mission is to bring bioelectronic medicines to patients, playing a pivotal role in the advancement of this novel therapeutic approach.