Mariano González Vasconcelos

🧬 This week's Austin Bio + Health Roundup highlights significant data trends, my stance on covering funding announcements, new partnerships, and action across the Texas Bio Triangle. 🧬 💰 Funding: The Way I Plan to Cover Funding Announcements You may have seen reports of a local Bio & Health startup’s funding round through an SEC report filing. While some outlets have covered this, my position is not to. I prefer to support our builders directly rather than trolling the filings for scoops. There is plenty of real investigative journalism that our city would be well served by if that is where they focused. Remember I am not a journalist and I am not the media. When the company is ready to announce their round officially, I’ll gladly shout it to the rooftops. 📊 Data Peter Walker at Carta reports that in 2017, Biopharma and Medical Devices captured just under 10% of all VC dollars. By 2023, this figure rose to 17.7%, and in Q1 2024, it reached 24%. The overarching tailwinds favor our sector and region with trends towards Bio & Health and the physical & digital intersection. Energy and hardware, two other sector blossoming in Central Texas, also saw similar share gains. 🤝 M&A and Partnerships Sensi.AI, a 24/7 senior care intelligence agent, is partnering with Caring Senior Service to deploy SensiAI’s platform in Caring’s 50 locations across the US. This partnership allows seniors a better opportunity to age gracefully in their homes. 🚩 Texas Bio Triangle BioMedSA is hosting an event called Women in Bioscience, Thursday June 20th. It’s designed to connect and empower women in the bioscience industry across Central Texas, and features Randi Brosterman Hutchens discussing "Building your Personal Board." Find the link to the event in the comments. Houston-based Lokum, a staffing solution to connect clinicians and clinical staff to health care facilities, has raised a $700K pre-seed round. Congrats Ayoade (Joy) Ademuyewo on the raise. What’s Next? #AustinNext #LifeSciences #Healthcare #Biotechnology

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A few Friday thoughts... After several days in Chicago surrounded by 200+ LPs at the ILPA Members' Conference covering everything from AI to NAV facilities, I'm headed into the weekend energized by what's to come. That may come at a surprise after the week we've had as an industry. The decision from the U.S. Fifth Circuit on the SEC's Private Fund Advisers rules was handed down just moments before we kicked off ILPA’s AGM on Wednesday. All along, ILPA has viewed the PFA as addressing areas that pose risks to both LPs and the industry around transparency, governance and alignment of interest. It was disappointing—albeit not a shock—to see the PFA vacated. But ILPA is choosing to turn our energy to the compelling opportunity before us as an industry. Together, we can chart the path for how we'll work better together, on our own terms. Particularly around transparency. Just days prior to the ruling, we had debuted the next evolution of ILPA reporting templates on fees and expenses and performance for industry feedback. The templates were developed by a broad industry coalition over a three-month period, partly to comply with the PFA quarterly statements rule implementation deadline, but largely because this work needed to be done. We've temporarily paused the comment period. Now we have the benefit of more time to ensure that these minimum reporting standards have cross-industry buy-in to ensure wide support and adoption. Will you join us in this effort, in paving the way forward as an industry? https://lnkd.in/e-6hspU4

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The healthcare landscape is rapidly evolving, driven by advancements in technology and a deeper understanding of patient care. I had the pleasure of speaking with Ambar Bhattacharyya, Co-Managing Partner at Maverick Ventures, on the latest episode of The Full Ratchet. Ambar has partnered with numerous billion-dollar companies like hims & hers, Cityblock Health, Devoted Health, and ConcertAI. His unique journey from rural America to becoming a prominent figure in venture capital offers invaluable insights into the future of healthcare and technology. We discuss his investment strategy at Maverick Ventures, the megatrends shaping healthcare, the impact of AI on the industry, and the importance of integrated care. Ambar also shares his thoughts on the challenges and opportunities in healthcare investment, offering a comprehensive view of what lies ahead. Check out TFR Episode 438 to catch our conversation. You'll be glad you listened.

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Great time on the Embracing Erosion podcast w/Devon O'Rourke! We talked about: 🚀 How to scale a company from concept to 9-figure exit 🔄 How to break away from the traditional consulting model and apply product approaches ⏩ Why it’s important to iterate quickly and often with messaging 💸📈What signals are important to pay attention to when investing in startups and much more!

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🌟Passive Investing in Bourbon & Craft Spirits🌟 🎤 I’m speaking at the upcoming Alternative Investments Series virtual summit on Wednesday, July 17th at 4 PM PST, hosted by @Patrick Grimes. 🎫 Reserve your spot now 👉 https://lnkd.in/gEj5YgbQ 🔥 Don't Miss Out On: How to Get Started Investing in Bourbon and Craft Spirits Passively Investing in Barrels vs Investing in Brands How the Crafting Process Affects Value and Investment Potential Growth Potential as the Beverages Industry Matures Risks and Benefits Live Q&A to Give You the Answers You Need 📅 Can’t attend? Register anyway, and we’ll send you the replay. #PassiveInvesting #WealthBuilding #InvestmentStrategy #AlternativeInvestments #AlternativeAssets #BourbonInvesting #CraftSpirits #AlternativeInvesting #InvestmentStrategy #PassiveIncome #WealthBuilding #FinancialFreedom #InvestorEducation #PortfolioDiversification #LiveWebinar

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I'm excited to announce the AVA-ECN Partnership: A New Era for Austin's Business Landscape! We are thrilled to unveil a transformative partnership set to reshape Austin's business community. The Austin Venture Association (AVA), Executive Council Network (ECN), and The Executive Venture Fund (EVF) are joining forces to enhance support for Austin's dynamic ecosystem of executives, entrepreneurs, and investors. Key Benefits of This Strategic Partnership: 1. Amplified Impact: By merging AVA's regional expertise and robust venture capital network with ECN's national executive community and The Executive Fund's resources, we are creating a powerful platform for collaboration and growth that benefits both local and national stakeholders. 2. Enhanced Member Value: Members will enjoy expanded networking opportunities, access to a broader range of resources, and diverse programming tailored to both executives and the venture community, bridging local insights with national perspectives. 3. New Opportunities: Community members will gain access to syndicate opportunities, shared learning experiences, and a wider network of peers across various sectors, enhancing both regional and national connections. 4. Elevated Programming: Look forward to a variety of events, including exclusive networking gatherings, online digital elements, and community-wide celebrations that cater to the unique needs of both Austin’s vibrant scene and ECN’s broader national audience. We are excited about the potential this partnership holds for our members and the broader Austin business community. Together, we will drive innovation, foster connections, and elevate Austin's reputation while integrating valuable national insights and opportunities. This collaboration offers a unique opportunity to deeply serve the Austin community and build lasting relationships on both local and national levels. Stay tuned for more details on how this partnership will unfold and how you can get involved.

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Raising Private Capital: Tips For Startups In Today's Market Jeff Bartel , is chairman and managing director of Hamptons Group, a private investment and strategic advisory firm headquartered in Miami. Private capital activity has increased in recent years. For startups, raising private capital offers financial support for development and innovation. Our firm's capital raises have included obtaining capital through funds and direct investment. Drawing from that experience, here is a look at the current private capital landscape and strategies for successfully raising capital. The Current Private Capital Landscape Private capital includes venture capital, private equity and other investment funding sources, where venture capital can help drive technological advancement through industries such as biotech, fintech and artificial intelligence. Mature companies are a primary focus for investors interested in raising private equity capital to inject funds for strategic initiatives, acquisitions or operational improvements. Private capital markets attract a large amount of their investments from institutional and high-capital investors. This focus stems from the flexibility in private capital transactions and the possibility of higher returns over more traditional investments. https://lnkd.in/dU3-E-Vp By Jeff Bartel Repost by Salem Bagami Managing Director 2080 Ventures Email: [email protected] Website: www.2080.ventures

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Thrilled to announce Next Frontier Capital's investment in Hoonify Technologies Inc. Andrew Clark, Victor Kuhns, and team bring decades of HPC experience from Sandia National Laboratories. Hoonify is NFC's first New Mexico investment! Hoonify’s innovation began by placing supercomputers at the edge – in offices, academic institutions, and homes – and liberating them from the traditional high hurdles of supercomputing. Providing immediate and personal access to this technology improves customer performance by up to 300%, achieving higher efficiencies with lower costs compared with alternative solutions. Currently, Hoonify serves U.S. Government and commercial companies in the aerospace and defense and biotech markets that demand accelerated results for their consequential modeling and simulation, artificial intelligence (AI), and machine learning (ML) workloads. With $3.75m in new funding, Hoonify provides clients supercomputing capabilities typically only available to a select few, will use the new funding to fuel additional growth for product enhancements and to position its software platform, TurbOS for entry into additional markets. TurbOS runs on any Intel CPUs or NVIDIA GPUs to enable faster computing performance through parallel computing - using the customer’s existing hardware or options including Hoonify’s all-in-one Cub Desktop Supercomputer. Let's go!

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