Massachusetts Life Sciences Center

Massachusetts Life Sciences Center

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Investment Firm

Overview

The Massachusetts Life Sciences Center (MLSC) is a quasi-public agency of the Commonwealth of Massachusetts tasked with implementing the Massachusetts Life Sciences Act, a ten-year, $1 billion initiative that was signed into law in June of 2008. The Center's mission is to create jobs in the life sciences and support vital scientific research that will improve the human condition. This work includes making financial investments in public and private institutions that are advancing life sciences research, development and commercialization as well as building ties between sectors of the Massachusetts life sciences community.

Highlights

Founded

2006

Industry

Biotechnology

Employees

11-50

Investment

163

Lead Investment

146

Exits

13

Stages

Early Stage Venture, Seed

Investor Type

Government Office

Location

Waltham, Massachusetts, United States, North America

Contact Information

Social

Profile Resume

Massachusetts Life Sciences Center, established in 2006 and headquartered in United States, North America., specializes in Early Stage Venture, Seed investments across Biotechnology, Health Care, Pharmaceutical, Therapeutics, Life Science, Health Diagnostics, Medical, Genetics, Tutoring, Diabetes. The organization boasts a portfolio of 163 investments, with an average round size of $1.1M and 13 successful exits. Their recent investments include Hepregen, Immunetics, Reflectance Medical, Candel Therapeutics, Joslin Diabetes Center. The highest investment round they participated in was $1.9B. Among their most notable exits are Hepregen and Immunetics. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Glen Shor

Glen Shor

Board Member

imagePlace Angus G. McQuilken

Angus G. McQuilken

Vice President for Communications & Marketing

imagePlace Beth Nicklas

Beth Nicklas

General Counsel and Vice President for Academic and Workforce Programs

imagePlace Bradley Rosenblum

Bradley Rosenblum

Chief Financial and Administrative Officer

imagePlace Nakeisha Jones

Nakeisha Jones

Program Associate

imagePlace Ryan Mudawar

Ryan Mudawar

Vice President of Education and Workforce Programs

Investment portfolio

Massachusetts Life Sciences Center has made 163 investments. Their most recent investment was on Nov 01, 2023, when Dean College raised $600.0K.

Massachusetts Life Sciences Center has made 34 diversity investments. Their most recent diversity investment was on Apr 22, 2021, when Decoy Therapeutics raised $250.0K.

investments

163

Diversity investments

34

Lead investments

146

Number of exits

13

Investments

163

Annouced DateOrganization NameIndustryMoney Raised
Apr 22, 2021
Decoy Therapeutics Decoy Therapeutics
Biotechnology250.0K
Sep 12, 2022
University of Massachusetts, Dartmouth University of Massachusetts, Dartmouth
Education750.0K
Sep 27, 2022
PineTree Therapeutics PineTree Therapeutics
Biotechnologynull
Nov 01, 2023
Dean College Dean College
Universities600.0K

Exits

13

Funding Timeline

Funding rounds

163

Investors

0

Funds

1

Funding Rounds

163

Massachusetts Life Sciences Center has raised 163 rounds. Their latest funding was raised on Nov 01, 2023 from a Grant - Dean College round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Apr 22, 2021
Convertible Note - Decoy Therapeutics Convertible Note - Decoy Therapeutics
-250.0K-
Sep 12, 2022
Grant - University of Massachusetts, Dartmouth Grant - University of Massachusetts, Dartmouth
-750.0K-
Sep 27, 2022
Grant - PineTree Therapeutics Grant - PineTree Therapeutics
-0-
Nov 01, 2023
Grant - Dean College Grant - Dean College
-600.0K-

Investors

2

Investor NameLead InvestorFunding RoundMoney Raised
-No
Grant - Massachusetts Life Sciences Center
3.4M
-No
Grant - Massachusetts Life Sciences Center
2.8M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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