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Investment Firm
Overview
New Rhein is a venture capital firm focused on healthcare therapeutics and medical devices. Its partners and associates are former industry executives with operational and transactional experience. New Rhein invests in businesses that utilize proven products in new applications (e.g., new indications, new dosage forms, 505(b2)). The company compiles syndicates of operationally focused investors who together bring a wealth of experience and a broad network of relationships to support its portfolio companies in the development, regulatory, reimbursement, marketing, and/or contract manufacturing. New Rhein provides an understanding of what would be attractive to strategic partners and works backward to help its portfolio companies build their value proposition. Prior New Rhein investments have included ophthalmic pharmaceuticals, molecular diagnostics, and respiratory drug/device inhalers.
Highlights
2011
11-50
9
6
3
Early Stage Venture, Late Stage Venture, Seed
Private Equity Firm, Venture Capital
Location
Philadelphia, Pennsylvania, United States, North America
Contact Information
Social
Profile Resume
New Rhein, established in 2011 and headquartered in United States, North America., specializes in Early Stage Venture, Late Stage Venture, Seed investments across Biotechnology, Health Care, Medical, Financial Services, Banking, Pharmaceutical, Manufacturing, Medical Device, Health Diagnostics, Consumer. The organization boasts a portfolio of 9 investments, with an average round size of $20.4M and 3 successful exits. Their recent investments include Chase Pharmaceuticals, Andera Partners, Cipla, Biocartis, Johnson & Johnson Development Corporation. The highest investment round they participated in was $7.1B. Among their most notable exits are Chase Pharmaceuticals and Andera Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
9
1
6
3
Investments
9
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Sep 24, 2020 | American Injectables | Pharmaceutical | 10.0M |
Oct 06, 2020 | Butterfly Medical | Health Care | 7.0M |
Aug 29, 2022 | Theranica | Biotechnology | 45.0M |
Sep 20, 2023 | Corsair Pharma | Manufacturing | 23.0M |
Exits
3
Funding Timeline
9
0
3
Funding Rounds
9
New Rhein has raised 9 rounds. Their latest funding was raised on Sep 20, 2023 from a Series B - Corsair Pharma round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Sep 24, 2020 | Series A - American Injectables | - | 10.0M | - |
Oct 06, 2020 | Series B - Butterfly Medical | - | 7.0M | - |
Aug 29, 2022 | Series C - Theranica | - | 45.0M | - |
Sep 20, 2023 | Series B - Corsair Pharma | - | 23.0M | - |
Investors
0
There is no funding round available on this profile
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 Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
N/A
Recent Activity
Funding Round
Sep 20, 2023
Corsair Pharma raised $23000000 on 2023-09-20 in Series B
Funding Round
Aug 29, 2022
Theranica raised $45000000 on 2022-08-29 in Series C
Funding Round
Oct 06, 2020
Butterfly Medical raised $7000000 on 2020-10-06 in Series B
Funding Round
Sep 24, 2020
American Injectables raised $10000000 on 2020-09-24 in Series A
Funding Round
Dec 19, 2018
Neuraptive Therapeutics raised $11500000 on 2018-12-19 in Series A