Propel Bio Partners

Propel Bio Partners is a private equity investment firm established in March 2022 and headquartered in Los Angeles, California. Founded by Dr. Leen Kawas and Richard Kayne, the firm focuses on investing in high-potential companies within the biosciences sector, particularly those with disruptive technologies that are ready for clinical trials or regulatory approval. Propel Bio Partners aims to provide both capital and strategic guidance to its portfolio companies. Dr. Kawas, who has extensive experience in drug discovery and clinical trials from her previous role as Co-Founder and CEO of a pharmaceutical company, leads the firm alongside Richard Kayne, a veteran in private equity and venture capital. They are joined by Dr. Dasom Yoo, a Senior Advisor with expertise in regenerative medicine. The firm’s advisory board consists of leaders from prominent biosciences companies and government agencies, ensuring that their investments benefit from specialized knowledge in research, medicine, and business.

Erik Gonzalez-Leon

Analyst

Xue Hua

Managing Partner

Leen Kawas

Managing General Partner

Dasom Yoo

Senior Associate

1 past transactions

Persephone Biosciences

Seed Round in 2022
Persephone Biome, Inc. is a San Diego-based company focused on researching and developing products and therapies that modify gut microbial metabolism, particularly in relation to cancer treatment. Established in 2017, the company is creating innovative solutions aimed at enhancing the efficacy of oncology drugs by retuning the gut microbiome. This includes the development of a pill containing beneficial gut bacteria. In addition to its therapeutics, Persephone Biome aims to offer nutritional products that support the human gut microbiome, producing functional foods and beverages that cater to the growing consumer demand for health-oriented products. The company has plans to enter clinical trials to further advance its initiatives in the field of microbiome-directed therapies.
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