Magnet Ventures

Magnet Venture is an early-stage venture capital firm established in 2016 and located in San Francisco, California. The firm specializes in investing in seed-stage and early-stage companies that operate within sectors such as biotechnology, artificial intelligence, technology, healthcare, and immune engineering. Rather than adopting a passive investment strategy, Magnet Venture focuses on startups with technical barriers, aiming to provide substantial support to its portfolio companies through active engagement and guidance. By targeting industry professionals and academic experts, the firm seeks to foster innovation and growth in its investments.

Georgia Lu

Founder and Managing Partner

Yanan Zhao Ph.D

Partner

5 past transactions

LiliumX

Seed Round in 2021
LiliumX discovers new bispecific antibodies against cancer by utilizing a protein technology platform to facilitate the scalable discovery of first-in-class bispecific biologics.

Atom Bioworks

Seed Round in 2021
Atom Bioworks specializes in developing a pattern-recognition-enabled sensing and therapeutics platform aimed at enhancing medical applications for the early diagnosis and treatment of infectious diseases and cancer. The company's innovative platform leverages computational biology, quantum chemistry, software, and machine learning to identify diseased surface protein patterns. By creating corresponding pattern-matching constructs, Atom Bioworks provides researchers with advanced nano-pattern recognition capabilities, ultimately facilitating improved diagnostic and therapeutic strategies in the medical field.

Regard

Seed Round in 2021
HealthTensor, Inc. is a technology company focused on developing artificial intelligence systems designed to assist physicians and healthcare providers with documentation processes. Founded in 2016 and headquartered in Santa Monica, California, HealthTensor's innovative technology analyzes patient data to aid in diagnosing common conditions while automating the documentation required for patient care. By seamlessly integrating into existing workflows, HealthTensor enables physicians to generate accurate, evidence-based notes, allowing them to spend more time with patients and improve reimbursement processes. The company's aim is to enhance efficiency in healthcare settings, ultimately reducing liability and streamlining documentation for medical professionals.

Regard

Seed Round in 2018
HealthTensor, Inc. is a technology company focused on developing artificial intelligence systems designed to assist physicians and healthcare providers with documentation processes. Founded in 2016 and headquartered in Santa Monica, California, HealthTensor's innovative technology analyzes patient data to aid in diagnosing common conditions while automating the documentation required for patient care. By seamlessly integrating into existing workflows, HealthTensor enables physicians to generate accurate, evidence-based notes, allowing them to spend more time with patients and improve reimbursement processes. The company's aim is to enhance efficiency in healthcare settings, ultimately reducing liability and streamlining documentation for medical professionals.

Flux Bioscience

Seed Round in 2018
Flux Bioscience is a company that originated from Stanford University, focusing on developing a portable biosensor platform that allows for sensitive and quantitative point-of-care in vitro medical diagnostics. By repurposing technology initially designed for computer hard drives, Flux Bioscience's platform measures biomarkers in blood, urine, or saliva related to exercise, stress, fertility, and diet. The biosensor employs biochips equipped with sensors to detect specific biomarkers, facilitating the simultaneous measurement of multiple biomarkers within each sample. This technology enables real-time detection of magnetic nanoparticles through antibody-antigen interactions, providing users with accessible, affordable, and actionable health insights. By correlating these biomarker measurements with data from wearable technologies related to sleep and activity, Flux Bioscience empowers individuals to take control of their healthcare and lifestyle decisions.
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