VIC Technology Venture Development

VIC Technology Venture Development, LLC is a venture capital firm established in 2000 and located in Fayetteville, Arkansas, with additional offices across North America. The firm specializes in seed, startup, and early-stage investments, focusing on technology solutions and healthcare-related technologies. VIC selects promising technologies from top-tier universities worldwide, emphasizing significant commercial potential and societal impact. The firm undertakes a rigorous vetting process to create new companies aimed at commercializing these technologies. While its primary focus is on healthcare-related ventures, including medical devices, therapeutics, and diagnostics, VIC also invests in sectors such as clean water, animal health, food safety, and automotive crash safety. The firm typically invests between $0.25 million and $0.5 million and actively seeks to participate in the governance of its portfolio companies by serving on their boards.

5 past transactions

Nob Hill Therapeutics

Series A in 2024
Nob Hill Therapeutics, Inc. is a Delaware Corporation founded in 2016 and based in Fayetteville, Arkansas. The company specializes in developing and marketing DryNeb, a pioneering dry powder nebulizer designed to treat severe respiratory diseases. This innovative device distinguishes itself from traditional aerosol mist nebulizers by being compact, handheld, and portable, providing a more user-friendly experience. The DryNeb nebulizer utilizes a unique mechanism that disperses medication through mechanical collisions within a dispersion chamber, ensuring consistent delivery independent of the patient's inhalation force. This technology allows for effective pulmonary drug delivery, which is increasingly important for both local and systemic treatments due to its high bioavailability and rapid action. Nob Hill Therapeutics has exclusively licensed this technology from the University of New Mexico, positioning itself to address significant market opportunities in pulmonary drug delivery.

Neurexis Therapeutics

Seed Round in 2020
Neurexis Therapeutics specializes in developing innovative treatments for conditions such as stroke and cardiac arrest. The company focuses on providing therapeutic peptides that aim to significantly reduce brain damage resulting from strokes. Their proprietary platform features an optimized peptide designed with two functional domains that facilitate crossing the blood-brain barrier. This advancement offers a neuroprotective option for stroke patients, helping to lessen both immediate brain damage and long-term health consequences. Additionally, Neurexis Therapeutics addresses various medical conditions, including cerebral ischemia, sickle cell anemia, congenital heart defects, vascular surgery, and pre-existing coronary disease.

Solenic Medical

Seed Round in 2020
Solenic Medical, Inc. is a medical device company founded in 2019 and based in College Station, Texas. It specializes in developing a non-invasive treatment for infected metallic implants using a technology that employs alternating magnetic fields generated by external coils. This innovative approach targets biofilm on the surfaces of medical implants, which is a significant complication in surgeries like knee and hip replacements, as well as in trauma-related procedures involving plates and rods. The technology has the potential to replace the costly and risky two-step revision surgical procedure currently used to address chronic infections in medical implants, thereby offering a safer and more effective solution for patients.

Filtravate

Seed Round in 2020
Filtravate is a membrane technology company focused on the development of ultrafiltration membranes primarily for the bioprocessing and biopharmaceutical sectors. The company's membranes are distinguished by their controlled and tunable pore sizes, uniform pore distribution, and functionalized surfaces. These features, derived from patent-pending technology licensed from New Mexico State University, are designed to enhance performance by providing significant anti-fouling properties and improved flux characteristics, making them suitable for a variety of applications within the pharmaceutical industry.

Solenic Medical

Pre Seed Round in 2019
Solenic Medical, Inc. is a medical device company founded in 2019 and based in College Station, Texas. It specializes in developing a non-invasive treatment for infected metallic implants using a technology that employs alternating magnetic fields generated by external coils. This innovative approach targets biofilm on the surfaces of medical implants, which is a significant complication in surgeries like knee and hip replacements, as well as in trauma-related procedures involving plates and rods. The technology has the potential to replace the costly and risky two-step revision surgical procedure currently used to address chronic infections in medical implants, thereby offering a safer and more effective solution for patients.
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