Fundraising Fox

GRA Venture

Government fund

Georgia · Seed–Series A · 20 people tracked

Find your way into GRA Venture

Fox Verdict
Sign up to see your fit

Investment thesis

GRA Venture Fund invests in early-stage, research-based startups originating from Georgia's academic institutions. The fund aims to give promising startups a fair chance at market success through long-term partnership, combining public funding from the State of Georgia with private sector capital and expertise. The fund demonstrates its commitment through active participation in investment rounds and ongoing support for portfolio company development and growth.

Invests inBiotechDeep TechSector AgnosticAtlantaUnited States

Source: firm website, verified Aug 6, 2026.

Stage
Seed–Series A
HQ
Georgia, US
Leads rounds
Leads
Instruments
Equity
Founded
2009
Last 12 months
1 investment
AUM
$36.8M
Tracked investments
35

Team · 20 people

from the firm's website & curated & public directories
A. Russell Chandler· General Partner
Bradley Currey, Jr.· General Partner
Christopher Carr· General Partner
Diana Murphy· General Partner
Frederick E. Cooper· General Partner
Ivan Sigmund Mosley, Jr.· General Partner
James S. Balloun· General Partner
Russell R. French· General Partner
Thomas Williams Parker· General Partner
William A. Fickling, Jr.· General Partner
William Linginfelter· General Partner

What they invest in

from 22 of 35 portfolio companies

Healthtech ×11Biotech ×10Medical Devices ×7AI & Machine Learning ×5Deep Tech ×4Digital Health ×3Enterprise Software ×3SaaS ×3

HQs:United States×22

Who they back

founder profiles across 12 portfolio companies
58%
solo founders
7 of 12 mapped founding teams
27%
repeat founders
of 11 founders with career history

Founding team size:solo founder×72 founders×33 founders×14+ founders×1

Where their founders studiedfrom 11 founders with education data

Georgia Institute of Technology ×3

Where their founders worked beforefrom 11 founders with career history

Georgia Institute of Technology ×2

Investments · 35 tracked

founders shown can be your intro path

By year:2026 · 12023 · 12022 · 12021 · 12015 · 15 dated

BioCircuit Technologiesbiocircuit.comin✓ verified

BioCircuit Technologies develops advanced medical devices for tissue repair and neuromodulation, with specialization in biomaterials, nitinol design, and bioelectronics.

BiotechDeep TechMedical DevicesAtlanta, US

Thomas O'Brien(Executive Officer, Director)

BoardMichelle Jarrard(Executive Officer, Director)inJames Nahirny(Director)

ABEabe.ioin

ABE Management is a financial markets company founded by a former lawyer specializing in bond exchange infrastructure and operations.

B2B MarketplacesCrypto & Web3Fintech

John Pigott(CEO/Founder)inTom Ponder(COO)in

Accuitis

Develops drugs to protect and restore cellular function in neurodegenerative diseases including Alzheimer's and Parkinson's.

Accuitis websiteaccuitis.com

Accuitis is developing a lead drug compound that restores mitochondrial SIRT3 expression to recover healthy cellular function, targeting neurodegenerative diseases including Alzheimer's, Parkinson's, and methamphetamine addiction.

BiotechLongevityAtlanta, US

Co-investorsAtlanta Technology Angels

Acivilateacivilate.com

Atlanta, US

Louise Wasilewski(Executive Officer, Director)

BoardPaul Iaffaldano(Director)inDarryl DeFreese(Director)Bryant Isaacs(Director)

Co-investorsBIP VenturesRoyal Street Ventures Management Company, LlcService Provider CapitalBIP Capital

Altesa BioSciencesaltesabio.comFeb 2026

Altesa BioSciences is a clinical-stage pharmaceutical company developing vapendavir, an orally administered antiviral targeting rhinovirus infections in patients with chronic lung diseases such as COPD and asthma.

BiotechHealthtechCollege Park, US

John Clerici(Executive Officer)inAndrew Drechsler(Executive Officer)Brett Giroir(Executive Officer, Director)

BoardNicholas Williams(Director)Moncef Slaoui(Director)Jon Edwards(Director)

Co-investorsForbionMedicxiPitango

Antios Therapeuticsantiostherapeutics.comin𝕏Nov 2021 · $75M

Antios Therapeutics develops antiviral therapies for hepatitis B virus (HBV) and other viral diseases, including its Active Site Polymerase Inhibitor Nucleotide (ASPIN) ATI-2173 and a capsid assembly modulator program.

BiotechHealthtechMendham, US

Gregory Mayes(Executive Officer, Director)Douglas Mayers(Executive Officer)inTamra Adams(Executive Officer)inAbel De La Rosa(Director)

BoardIyona Rajkomar(Director)inBenjamin Rovinski(Director)

Co-investorsAisling CapitalAltium CapitalAvego BioScience CapitalPontifax Venture CapitalAmzak HealthDelos Capital+7 more

Apptegaapptega.comin𝕏

Provides cybersecurity compliance software that unifies security processes, tracking, and reporting across multiple frameworks.

Atlanta, US

Jacob Ferro(Director)

BoardMike Dowdle(Director)Armistead Whitney(Executive Officer, Director)in

Co-investorsCircadian VenturesGray VenturesMainsail Partners

Arcadia

Offers a platform combining utility data, tariffs, and APIs to help companies electrify and decarbonize, and manages community solar portfolios.

Arcadia Powerarcadia.comin𝕏

Arcadia is an energy intelligence platform that helps businesses manage utility bills, procure energy, and track sustainability through a single interface.

AI & Machine LearningClimate TechEnergyEnterprise SoftwareSaaSWashington, US

Kiran Bhatraju(Executive Officer)inRyan Nesbitt(Executive Officer)

Co-investorsBay Bridge Ventures ClimateBlue Ivy VenturesBoxGroupBroadscaleCamber CreekCity Light+10 more

Aruna Bioarunabio.com

Aruna Bio develops a proprietary neural exosome platform and a lead therapeutic neural cell-derived exosome, AB126, designed to cross the blood-brain barrier.

BiotechHealthtechAthens, US

Steven Stice(Chief Scientific Officer and Director)inHarold W. Ingalls(Chief Financial Officer and Director)Tracey Stice(Chief Operating Officer and Secretary)

BoardJohn F. Mangan, Jr.(Director)C. William Griffin(Director)Russell C. Lindner(Director)

Co-investorsEshelman Ventures, LLCEvolution VC Partners

Carbice websitecarbice.comin𝕏

Carbice manufactures aligned carbon nanotube-based thermal management products for aerospace, defense, and industrial power applications.

Advanced ManufacturingDeep TechEnergyNew MaterialsAtlanta, US

Baratunde Cola(CEO & Founder)inSuresh Sharma(Executive Officer, Director)Craig E Green(Executive Officer)in

BoardSebastine Ujereh, Jr.(Director)

Co-investorsGray VenturesPortfoliaStarbridge Venture Capital LlcToyota Ventures

Codoxo websitecodoxo.comin𝕏

Codoxo builds a generative AI-driven Unified Cost Containment Platform for healthcare payers, government agencies, and pharmacy benefit managers to improve payment integrity and detect fraud, waste, and abuse.

AI & Machine LearningHealthtechSaaS

Musheer Ahmed(CEO & Founder)in

Co-investorsBrewer Lane VenturesEcho Health VenturesGray VenturesQED InvestorsService Provider CapitalCVS Health Ventures+3 more

Diasyst

Develops technologies for healthcare organizations to monitor and manage chronically ill patients and reduce clinical inertia.

Dragos websitedragos.comin

Dragos provides cybersecurity software, threat intelligence, and professional services to protect operational technology (OT), IT, and IoT assets in industrial environments.

CybersecurityDefense TechEnterprise SoftwareHanover, US

Robert M. Lee(CEO and co-founder)in

Co-investorsAllegisCyber CapitalBYU Cougar CapitalCanaan PartnersCyber Mentor FundDataTribeEarth Foundry+9 more

EarliPoint Health

Develops technologies for earlier diagnosis of autism spectrum disorders and other developmental disabilities in children.

EarliPoint Health websiteearlipointhealth.comin

Earli Point Health is a company that offers the EarliPoint System, an FDA-cleared medical device designed to aid clinicians in diagnosing and assessing autism spectrum disorder in children using objective measurement of looking behavior during video presentations, complementing traditional ABA therapy assessments.

Digital HealthHealthtechMedical Devices

Ami Klin, PhD(Founder)Warren Jones, PhD(Co-founder)

Focused Cryo

HealthtechMarietta, US

Yogi Patel(Executive Officer, Director)David Prologo(Director)John David Prologo(Executive Officer)Robert Kline(Director)

Georgia Research Alliancegra.orgin𝕏

The Georgia Research Alliance is a nonprofit that supports university research and entrepreneurship across Georgia by funding scientists, backing research infrastructure, and helping launch and grow companies based on university inventions.

Deep TechHealthtechImpact & Social Good

Gimme

Provides a unified inventory tracking system with IoT hardware, mobile software, and cloud platform for the unattended retail industry.

Gimme websitegimmevending.comin𝕏

Gimme is a technology platform for managing unattended retail operations, particularly vending machines.

Logistics & Supply ChainRetail TechSaaSAtlanta, US

CoryEvan

Co-investorsAtlanta Tech VillageAtlanta Technology Angels

Huxley Medicalhuxleymed.comin

Huxley develops SANSA, a cellular-enabled chest-worn monitor and diagnostic service that detects obstructive and central sleep apnea and records ECG from a single at-home device.

AI & Machine LearningDigital HealthHealthtechMedical DevicesAtlanta, US

Christopher Hallett(Executive Officer, Director)inChristopher Lee(Executive Officer, Director)Daniel Burnham(Executive Officer)inBrennan Torstrick(Executive Officer, Director)Kenneth Gall(Director)

BoardKurt Jacobus(Director)

Co-investorsDuke Capital Partners

Kodikaz

Develops gene therapies for cancer treatment using proprietary technology for transferring genetic material between cells.

Kodikaz websitekodikaz.comin𝕏

Kodikaz develops Zip-Code, a non-viral cell-specific delivery platform for gene therapy applications, particularly focused on oncology and cancer treatments.

AI & Machine LearningBiotechMedical DevicesAtlanta, US

Anthony Johnson(Co-Founder & CEO)inDr. Leon Bernal-Mizrachi(Co-Founder, CSO)in

Co-investorsEpidarex CapitalIllumina Ventures

Lucid Scientificlucidsci.comin𝕏

Lucid Scientific develops Resipher, a technology for live, continuous, and noninvasive monitoring of cellular oxygen consumption rate to study cell metabolism.

BiotechDeep TechHardwareAtlanta, US

Samuel Walker Inman(Executive Officer, Director)Ian W. Hunter(Executive Officer, Director)

BoardDr. Gustavo Mahler(Director)in

Co-investorsDynamk Capital

Micron

Develops pharmaceutical products based on microneedle patch technology for improved vaccine and drug delivery with better patient compliance.

Micron Biomedical websitemicronbiomedical.comin

Micron Biomedical develops dissolvable microarray technology for vaccine and therapeutic delivery as an alternative to traditional injections, targeting expanded global access to treatments across all age groups.

BiotechHealthtechMedical Devices

Co-investorsJ2 Ventures

Micron Biomedical, Inc.May 2023

BiotechAtlanta, US

Mark Prausnitz(Director)Henry Sebastien(Executive Vice President, Head of Technical Operations)Devin McAllister(Executive Vice President, Chief Technology Officer)inIdean Marvasty(Chief Financial Officer)Steve Damon(Chief Executive Officer)in

BoardBas Van Buijtenen(Director)

Co-investorsGlobal Health Security

Nyra Medicalnyramedical.comin𝕏Nov 2022

Nyra Medical develops the CARLEN (Cardiac Leaflet Enhancer) system, a transcatheter single-leaflet device for repairing functional mitral regurgitation while preserving native valve function.

BiotechHealthtechMedical DevicesAtlanta, US

Dr. Murali Padala(Founder)Dr. Eric Sarin(Founder, Director)Dr. Kirthana Suresh(Founder)Sai Muralidhar Padala(Executive Officer, Director)Lori Chmura(CEO)inGowri Raman(Director)

Co-investorsBroadview VenturesEpidarex CapitalVensana Capital

Pindroppindrop.comin𝕏

Pindrop is a cybersecurity company that delivers identity verification and deepfake detection across voice, video, and digital communications in real time.

AI & Machine LearningCybersecurityEnterprise SoftwareAtlanta, US

Paul JudgeinMustaque AhamadinVijay Balasubramaniyan(Founder)in

BoardScott Weiss(Director)Somesh Dash(Director)in

Co-investorsAllegion VenturesAndreessen HorowitzAtlanta Technology AngelsBling CapitalCapitalGCerity Partners Ventures+11 more

Sanguina

A wellness company developing AnemoCheck, an app that estimates hemoglobin levels via fingernail selfie, and an at-home anemia test.

Co-investorsXRC

Sanguina websitesanguina.comin𝕏

Sanguina develops affordable, accessible products for regular anemia screening, helping people monitor and manage the most common blood disorder.

Digital HealthHealthtechMedical Devices

Erika(CEO & Founder)Rob(CTO)

Co-investorsVeritus Holdings

SIRPant

Develops a cancer vaccine that generates long-lived immune responses against tumors through T cell and B cell production.

SIRPant websitesirpantimmunotx.com𝕏
StarMobileFeb 2015

Atlanta, US

Todd Fryburger(Executive Officer, Director)Raghupathy Sivakumar(Executive Officer, Director)

BoardDafina Toncheva(Director)in

Co-investorsAtlanta Technology AngelsUS Venture Partners

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has GRA Venture made?
GRA Venture has 31 tracked investments, including 1 dated in the last 24 months.
What stage does GRA Venture invest at?
GRA Venture invests at the Seed, Series A stages.
What sectors does GRA Venture focus on?
GRA Venture focuses on Biotech, Deep Tech, Sector Agnostic.
Where is GRA Venture located?
GRA Venture is headquartered in Georgia, US.
Does GRA Venture lead rounds?
Yes, GRA Venture leads investment rounds.
Who does GRA Venture co-invest with?
GRA Venture most often shares deals with Gray Ventures, Atlanta Technology Angels, Energy Impact Partners, among 59 tracked co-investors.

Similar investors

Featured in lists