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§ Venture Capital · Radford, VA, USA
New River Management VI operates as a dedicated venture capital fund, strategically deployed by its managing entity, Third Security, LLC. The fund primarily focuses on investing in and nurturing operating biotechnology companies, seeking to advance life sciences through capital injection and active portfolio guidance. This approach underscores a commitment to identifying and supporting innovative ventures within the sector.
The fund, New River Management VI LP, commenced its investment activities around 2009, operating under the oversight of Third Security, LLC. The managing firm’s philosophy centers on identifying and supporting high-potential biotechnology enterprises, offering more than just financial backing through a hands-on approach. This strategic insight aims to foster innovation and accelerate development within the life sciences sector.
New River Management VI’s portfolio comprises a range of biotechnology companies poised for growth and development. The fund’s overarching vision, channeled through Third Security, LLC, is to cultivate a robust ecosystem of biomedical advancements by partnering with transformative enterprises, ultimately contributing to significant progress in health and scientific discovery.
New River Management VI has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Series C in Synchrony in January 2010.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 13, 2010 | Synchrony | $10.0M Series C | NEW River Management VI | — |