Foundation Venture Capital Group

Foundation Venture Capital Group is a venture capital investment firm based in Princeton, New Jersey, established in 2006. The firm specializes in providing pre-seed funding to support the advancement of new life science start-ups, particularly in the healthcare and health-related technology sectors. Focused on the United States, Foundation Venture Capital Group aims to foster innovation by investing in early-stage companies that have the potential to make significant contributions to the life sciences industry.

Scott Alpizar

Director of Venture Commercialization

James M. Golubieski

President

Laura Harrel

Vice President

Kelly Jeng

Venture Associate

Joshua Tropper

Venture Associate

Michael Wiley

Vice President

Aggie Worthington

Vice President - Finance

9 past transactions

finalsClub

Pre Seed Round in 2018
An application that seeks to connect students to engage in collaborative learning.

Visikol

Seed Round in 2016
Visikol Inc. is a company based in New Brunswick, New Jersey, specializing in advanced drug discovery services and bio-imaging technology. It develops and provides a range of products, including Visikol, an optical sectioning tool for plant tissues, and Visikol HISTO, a series of tissue clearing kits and reagents designed to enhance 3D imaging in tissue processing workflows. Visikol's technologies enable researchers to visualize specimens effectively, allowing for the identification of adulterants and assessment of sample quality. The company also offers comprehensive drug discovery services, including the development of 2D and 3D in vitro models, assays, and digital pathology solutions. By transforming tissues into high-resolution images and quantitative datasets, Visikol supports clients in making informed decisions during the drug discovery process. Additionally, the firm manufactures 3D immuno-labeling kits, facilitating rapid imaging of whole tissues and 3D cell culture models, thereby moving beyond traditional 2D sectioning methods.

NovoPedics

Venture Round in 2013
NovoPedics, Inc. develops implantable meniscus replacement and regeneration medical device. The company is based in the United States.

Actinobac Biomed

Seed Round in 2013
Actinobac Biomed, Inc. is a biopharmaceutical company based in Kendall Park, New Jersey, established in 2009. The company focuses on developing therapeutics for various medical conditions, including blood cancers, autoimmune diseases, and HIV. Its primary product, Leukotoxin, is a bacterial toxin that specifically targets white blood cells, offering a targeted approach for treating hematologic malignancies such as leukemia and lymphoma. Additionally, research indicates that Leukotoxin may be effective against infectious diseases like HIV/AIDS and tuberculosis, as well as autoimmune conditions including rheumatoid arthritis, multiple sclerosis, and psoriasis. Actinobac Biomed is committed to advancing Leukotoxin as a protein therapeutic, while also exploring derived peptides for broader applications. The company is engaged in early-stage drug discovery in collaboration with Magellan BioScience, aiming to maintain a robust pipeline of innovative therapeutic agents.

MentiNova

Venture Round in 2013
MentiNova, Inc. is a pharmaceutical company based in Piscataway, New Jersey, that specializes in developing oral medications for the treatment of Parkinson's disease. Established in 2012, the company focuses on creating innovative drug therapies aimed at alleviating the symptoms associated with this neurodegenerative disorder. By providing effective treatment options, MentiNova aims to enhance the quality of life for patients suffering from Parkinson's disease and other related mental health conditions.

GeneAssess

Venture Round in 2012
GeneAssess, Inc. is a New Jersey-based biotechnology company that is working to validate FRY, a cancer molecular signature gene discovered by GeneAssess scientists that could provide a more accurate diagnostic biomarker for cancer staging. The FRY gene appears to be found in the breast cancer model but also shows potential for other cancers. In research performed to date, mutations in the gene increase rat susceptibility to mammary cancer and FRY reduced the growth of highly aggressive human breast cancer cells in animal models. GeneAssess plans to validate FRY as a predictive biomarker for breast and other cancers, to detect genetic mutations in at-risk populations and to explore target validation for FRY. The company has an exclusive license to the intellectual property developed by Dr. Zarbl.

Affineti Biologics

Venture Round in 2011
Affineti Biologics, a New Jersey-based company developing plaque-reducing dental hygiene products.

Actinobac Biomed

Seed Round in 2009
Actinobac Biomed, Inc. is a biopharmaceutical company based in Kendall Park, New Jersey, established in 2009. The company focuses on developing therapeutics for various medical conditions, including blood cancers, autoimmune diseases, and HIV. Its primary product, Leukotoxin, is a bacterial toxin that specifically targets white blood cells, offering a targeted approach for treating hematologic malignancies such as leukemia and lymphoma. Additionally, research indicates that Leukotoxin may be effective against infectious diseases like HIV/AIDS and tuberculosis, as well as autoimmune conditions including rheumatoid arthritis, multiple sclerosis, and psoriasis. Actinobac Biomed is committed to advancing Leukotoxin as a protein therapeutic, while also exploring derived peptides for broader applications. The company is engaged in early-stage drug discovery in collaboration with Magellan BioScience, aiming to maintain a robust pipeline of innovative therapeutic agents.

Snowdon

Venture Round in 2007
Snowdon, Inc. is a biopharmaceutical company based in Princeton, New Jersey, established in 2005. The company focuses on the discovery and development of small-molecule therapeutics targeting pain, infectious diseases, and neurological disorders. Its preclinical pipeline includes SND-121, designed for neuropathic pain, SND-159 for tuberculosis, and SND-226 for toxoplasmosis. Snowdon also explores early-stage projects for treating neurological conditions such as Fragile X Syndrome, a leading cause of autism and related behaviors. The company aims to address the significant unmet medical needs in these therapeutic areas by developing safe and effective drug candidates, which may include both new chemical entities and repurposed off-patent drugs. Notably, SND-121 has demonstrated promising safety and efficacy in rodent models, utilizing a novel mechanism of action distinct from traditional pain management therapies.
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