Health

TDK Ventures started with a minimal team size while it was proving itself and grew it when the portfolio needed more support.

Capita Scaling Partner's equity-for-services model needs a team of 28, most focusing on finding synergies between the parent and the startup.

The short answer is: “It depends” (on strategy, focus and structure). A quick rule of thumb is 3 people per $100m in the fund.

Qualcomm bought portfolio company Cellwize for $350m while Northrop Grumman took part in a $135m round for radar technology producer Echodyne.

SR One co-led antibody therapy developer Ancora Biotech's $60m series A round while Al-Dhow Engineering helped coffee chain Flash Coffee secure $32.8m.

The healthcare sector had a record year for investment in 2021 and corporate-backed rounds rose more than 50%, to a record high of $30.51bn.

American Family helped digital auto insurance portal Branch secure $147m while Anthem, Optum and CVS Health all contributed to a $140m round for home care platform developer CareBridge.

Liz Rockett has departed from the healthcare group’s Kaiser Permanente Ventures unit, following in the footsteps of former senior team members Amy Belt Raimundo and Sam Brasch.

GV participated in tech apprenticeship platform Multiverse’s $220m series D round while Amgen, UCB, UPMC and Takeda helped genetics disease drug developer Code Biotherapeutics raise $75m.

GCV has spoken to several corporate and VC investors about the recent hit to Australia's startup scene following a post-lockdown deal surge.

It pays to invest in these companies. Research shows they are less likely to fail and will attract two to three times more investment.