Foundation Venture Capital Group

Foundation Venture Capital Group, established in 2006, is a New Jersey-based venture capital firm that specializes in providing pre-seed funding to advance new start-ups in the healthcare and life sciences sectors. The firm focuses on supporting innovative companies within the United States, aiming to foster the growth of emerging technologies and solutions that can contribute to the advancement of the life sciences industry.

Scott Alpizar

Venture Associate

Christine Caruso

Director of Venture Commercialization

James M. Golubieski

President

Laura Harrel

VP - HR and Admin

Dale Heffler

Vice President of Communications and Project Development

George Heinrich

Vice Chair and Chief Executive Officer

Kelly Jeng

Venture Associate

Paul Lee

Venture Associate

Alexander Li

Venture Associate

Reza Razavi

Director of New Ventures and Strategic Initiatives

Ginny Rutkowski

Venture Operations Associate

Sara Soler

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, that specializes in developing therapeutics for various medical conditions, including blood cancers, autoimmune diseases, and HIV. Established in 2009, the company is focused on leveraging its lead product, Leukotoxin, a bacterial toxin that targets white blood cells, to create effective treatments. Leukotoxin is primarily aimed at addressing hematologic malignancies, but research suggests its potential in treating infectious diseases such as HIV/AIDS and tuberculosis, as well as a range of autoimmune disorders including rheumatoid arthritis, multiple sclerosis, and psoriasis. Actinobac Biomed's strategy encompasses three key areas: prioritizing the development of Leukotoxin as a targeted therapy for blood cancers, exploring its use for other significant diseases, and maintaining a robust pipeline of novel therapeutic agents through collaboration with Magellan BioScience.

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, that specializes in developing therapeutics for various medical conditions, including blood cancers, autoimmune diseases, and HIV. Established in 2009, the company is focused on leveraging its lead product, Leukotoxin, a bacterial toxin that targets white blood cells, to create effective treatments. Leukotoxin is primarily aimed at addressing hematologic malignancies, but research suggests its potential in treating infectious diseases such as HIV/AIDS and tuberculosis, as well as a range of autoimmune disorders including rheumatoid arthritis, multiple sclerosis, and psoriasis. Actinobac Biomed's strategy encompasses three key areas: prioritizing the development of Leukotoxin as a targeted therapy for blood cancers, exploring its use for other significant diseases, and maintaining a robust pipeline of novel therapeutic agents through collaboration with Magellan BioScience.

Snowdon

Venture Round in 2007
Snowdon, Inc. is a biopharmaceutical company based in Princeton, New Jersey, founded in 2005. The company focuses on the discovery and development of novel small-molecule therapeutics targeting pain, infectious diseases, and neurological disorders. Its lead preclinical compound, SND-121, aims to treat neuropathic pain and has demonstrated notable safety and efficacy in rodent models, employing a unique mechanism of action that distinguishes it from traditional analgesics. Additionally, Snowdon is developing SND-159 for tuberculosis and SND-226 for toxoplasmosis, while also engaging in early-stage discovery projects for innovative treatments for neurological disorders, including 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, providing safe and effective treatment options.