Tacoma Angel Network
300-950 Pacific Avenue, Tacoma, Washington, 98402, United States
Overview
Established in June 2006, the TacomaAngel Network is a non-profit alliance of accredited investors, who are successful entrepreneurs, retired executives, and other business leaders in the greater Tacoma and South Puget Sound area, and who provide investment capital, strategic advice and mentoring to early-stage companies or companies embarking on major expansion efforts to help them achieve market leadership.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- DesignMedix
Participated · Equity · Jul 2014
DesignMedix is a Portland, Oregon-based biotech developing drugs to overcome drug resistance, with an initial focus on oral malaria treatments. Founded in 2008 and led by Dr. Sandra Shotwell (president and COO), the company is building a pipeline that also targets new anti-bacterial drugs. It holds exclusive rights to four issued patents related to malaria drug candidates. DesignMedix plans to use recent financing to advance preclinical development across its pipeline. The company recently closed a $1.5M second round of angel funding and was awarded a $3M grant from the National Institutes of Health to support preclinical development of its malaria drug. Its lab and office are housed in the PSU Business Accelerator.
Team
No current team members are available.