際際滷

際際滷Share a Scribd company logo
Volker Hirsch
CCO Medicines Discovery Catapult / Venture Partner Amadeus Capital
NavigatingDifficultTimes
Fundraising in a downturn
@vhirsch
Biotech Fundraising in a Downturn
Biotech Fundraising in a Downturn
Grim Reading
The macro-economic situation affects the whole value chain
Fund investors
Venture Capital Funds
Startups
Alternatives in high-interest environment with less risk
Tougher fundraising environment, protection of portfolio, capital preservation
Less available and more risk-averse capital, inflation reduces runway
These
Factors
Are
Out
of
Your
control
Focus On What
You Can control
Back to study!
You need to come prepared!
Science!
Presentation!
Exhibit 1: a typical biotech pitch deck
Biotech Fundraising in a Downturn
Biotech Fundraising in a Downturn
Main ingredient 1
Who do you speak to?
(Preferably not to a room of AI-generated ^business people ̄)
Main ingredient 2
What do you tell them?
Identifying Value inflection points
Sign-posting exit ramps
Thank You!
@vhirsch
me@vhirsch.com
+44 7843 599 678
https://md.catapult.org.uk

More Related Content

Biotech Fundraising in a Downturn