Louisiana Funds

What is Louisiana Funds?

Louisiana Funds is an early-stage venture capital fund that specializes in traditional venture capital investments across various high-growth sectors. They focus on identifying investment opportunities that stem from research universities and organizations within Louisiana.

With over $500 million spent annually by Louisiana universities on research in their areas of interest, Louisiana Funds strategically positions itself to capitalize on this momentum. They primarily invest in life sciences sectors, including pharmaceuticals, biotechnology, agritechnology, information technology, and other high-technology opportunities poised to offer venture capital returns. Their emphasis is specifically on technologies with commercial promise, often those originated in Louisiana universities, native companies, or firms relocating to Louisiana.

Louisiana Funds aim to address the financing gap for early-stage high-technology companies that might otherwise struggle for financing or relocate out of the state. They provide 'right-sized' investments for innovators to build successful companies, with minimum investments starting at $50,000, a 'sweet spot' around $250,000, and a maximum of $750,000 per investment.

With $20 million in assets under management, they offer expertise and resources to facilitate the growth of companies in their portfolio.

Louisiana Funds operates under the leadership of Managing Directors Richard Babb and Joseph Lovett, each bringing extensive experience in business, accounting, financial management, and venture capital. Their portfolio includes a variety of innovative companies ranging from medical device producers to software and security service providers, showcasing their broad industry engagement within the technological advancement spectrum.

What they say:

We are a venture capital fund.

What we look for: We invest in early-stage life science companies.