/Investor DB

HM Venture Partners

Venture capital

San Francisco · Seed–Growth · 7 people tracked

Find your way into HM Venture Partners

Sign up to see every warm intro you have to HM Venture Partners

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the HM Venture Partners team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

HM Venture Partners focuses on healthcare, investing in biotech and medtech companies globally and across all stages. It aims to help early- and growth-stage healthcare companies accelerate development by leveraging its team's deep domain expertise and an extensive ecosystem of academic institutions, physician networks, and industry experts. This network provides proprietary deal flow, clinical trial site access, and cross-border business development, particularly bridging the US and Chinese markets. The firm emphasizes identifying breakthrough innovations that address significant unmet medical needs and applies cycle-tested, flexible financing strategies to structure favorable transactions and create value. Its most recent fund, HM Healthcare Fund I, primarily targets healthcare breakthroughs in the US.

Source: firm website, verified Sep 26, 2026.

Stage
Seed–Growth
HQ
San Francisco, California, US
Leads rounds
Leads
Instruments
Equity
Founded
2018
AUM
$600M
Tracked investments
30
IPOs
1
Acquisitions
2

Team · 7 people

from the firm's website & public directories

What they invest in

from 24 of 30 portfolio companies

Healthtech ×18Biotech ×16Medical Devices ×13Digital Health ×4AI & Machine Learning ×2Deep Tech ×2FemTech ×2EdTech ×1

HQs:United States×14China×3Germany×1Denmark×1

Who they back

founder profiles across 14 portfolio companies
64%
solo founders
9 of 14 mapped founding teams

Founding team size:solo founder×92 founders×33 founders×14+ founders×1

Investments · 30 tracked

founders shown can be your intro path

By year:2025 · 12023 · 12020 · 12017 · 14 dated

Sagimet Biosciencessagimet.cominNASDAQ: SGMT

Sagimet is a clinical-stage biopharmaceutical company developing therapies targeting fatty acid synthase (FASN) for metabolic diseases and oncology.

BiotechDigital HealthHealthtechMenlo Park, US

Rekha Hemrajani(Executive Officer)inMerdad Parsey(Executive Officer, Director)inDavid Happel(Chief Executive Officer & Director)Andreas Grauer(Chief Medical Officer)inThierry Chauche(Chief Financial Officer)inMarie O'Farrell(Chief Scientific Officer)in

Co-investorsAltium CapitalKleiner PerkinsNew Enterprise Associates (NEA)BAM ElevateBiotechnology Value FundBlue Owl Capital+1 more

Airiverairiver.comin

Airiver Medical is a clinical-stage company developing a Drug Coated Balloon to treat respiratory tract conditions such as airway stenosis and chronic sinus inflammation.

BiotechHealthtechMedical Devices

Arthrosiarthrosi.comOct 2025 · $153M

Arthrosi Therapeutics is a clinical-stage biopharmaceutical company developing treatments for gout, an inflammatory arthritis condition.

BiotechDigital HealthMedical DevicesSan Diego, US

Litain Yeh(Co-Founder & Chief Executive Officer)inShunqi Yan(Co-Founder & Chief Operating Officer)Robert Orr(Executive Officer, Director, Promoter)Yiwei Zong(Director)Jianfeng Fang(Director)

BoardZhang Mingyuan(Director)

Co-investorsMaxpro VenturesHighlight Capital

BioNTechbiontech.comin𝕏

BioNTech is a biotechnology company developing immunotherapies that use the body's immune system, combining multiple therapeutic modalities and biological targets to treat cancer, infectious diseases, and other serious conditions.

BiotechHealthtechMainz, DE

Ozlem Tureci(Executive Officer)Ugur Sahin(Executive Officer)inSierk Poetting(Executive Officer)inSean Marett(Executive Officer)inRyan Richardson(Executive Officer)inUğur Şahin(Founder)in

Co-investorsManta Ray VenturesMIG Capital AGOnsight VenturesPfizer Venture InvestmentsSalviaAndreessen Horowitz

Coherentbiocoherentbio.com

Coherent Biopharma (Tongyi Pharmaceutical) is a biopharmaceutical company developing its proprietary Bi-targeting XDC (bi-XDC) conjugate drug platform to make previously undruggable targets treatable, with a focus on oncology.

BiotechDeep TechHealthtech

Baohua Huang(Founder & CEO)

Genfleetgenfleet.com

GenFleet is a biopharmaceutical company developing novel drug therapies focused on RAS targeting and antibody-drug conjugates (ADCs) to address unmet clinical needs in cancer and other serious diseases.

AI & Machine LearningBiotechHealthtechMedical DevicesBeijing, CN

Qiang LU(Founder)in

Board吕强兰炯

Co-investorsPan-Lin Capital

GIE Medicalgiemedical.com

GIE Medical is a clinical-stage medical device company developing the ProTractX3, a drug-coated balloon for treating benign strictures of the esophagus and bowel.

BiotechHealthtechMedical DevicesPlymouth, US

Lixiao Wang(Founder & Chief Executive Officer)inIan Schorn(Chief Operational Officer)inJames Ness(Chief Financial Officer)Harrison Malinoff(VP of Operations and Quality)Dave Hendrickson(VP of Research & Development)Drew McClure(VP of Market Development)in

Huidagenehuidagene.com

HuidaGene develops CRISPR and RNA-guided gene editing technologies for therapeutic applications in neurology, ophthalmology, otology, myology, and hepatology.

AI & Machine LearningBiotechDeep TechHealthtechMedical DevicesShanghai, CN

Hui Yang(Co-Founder and Chief Scientific Advisor)

Immune Designimmunedesign.com𝕏Acquired

Immunotherapy oncology company engineering technologies to activate the immune system; acquired by Merck in February 2019 for $0.3B.

BiotechHealthtechMedical DevicesSeattle, US

David Baltimore(Director)Carlos V. Paya(Executive Officer, Director)Stephen R. Brady(Executive Officer)inJan Henrik ter Meulen(Executive Officer)Paul Rickey(Executive Officer)inWayne Gombotz(Executive Officer)in

Co-investorsAisling CapitalAtlas VentureOUP (Osage University Partners)Sanderling VenturesSanofi VenturesSPRINGROCK VENTURES+4 more

Kbpbiokbpbio.com

KBP is a biotechnology research and development organization that discovers and develops new therapies for unmet medical needs.

Biotech

Co-investorsBay City Capital

Laborielaborie.comin𝕏

Laborie develops medical devices and solutions for women's health, including technologies to manage complications like postpartum hemorrhage.

FemTechHealthtechMedical Devices

Chris(President & CEO)

Co-investorsInvestor

Melodi Healthmelodihealth.comNov 2023 · $10.8M

Melodi Health is a medical device company focused on breast reconstruction and breast procedures, developing implantable combination devices with expertise in infection control and plastic reconstructive surgery.

FemTechHardwareHealthtechMedical DevicesMinneapolis, US

Sarah Worrell(Co-founder & Chief Executive Officer)inMichele Hilmer(Chief Strategy Officer)Hunter Moyer, MD(Chief Medical Officer)Kaitlyn Roth(VP Operations)inMatthew Hemsley(Director)Arikha Moses(Director)

Co-investorsEngage Venture PartnersSoutheast Minnesota Capital Fund

Minnesota Medical Technologiesin

Devices for fecal incontinence

HealthtechStewartville, US

David A. Jonas(Executive Officer, Director)Philip Conway(Executive Officer, Director)Sarah L. Grinde(Executive Officer, Director)in

BoardAnthony Conway(Director)

Co-investorsSoutheast Minnesota Capital Fund

Mnmedicaltechnologiesmnmedicaltechnologies.com

Minnesota Medical Technologies develops and manufactures continence care products, specifically fecal incontinence management devices for individual patients.

Digital HealthHealthtechMedical DevicesStewartville, US

Philip J Conway(Executive Vice President – Operations (Founder))Sarah L Grinde(VP Marketing and Research & Development (Founder))Anthony J Conway(Chairman of the Board (Founder))Lonnie M Boe(Executive Secretary/Office Manager (Founder))

Co-investorsSoutheast Minnesota Capital Fund

Neurotronicneurotronic.com

Neurotronic is developing Neuviant Multi-organ Denervation (MDN), an investigational catheter-based therapy that delivers ethanol to overactive sympathetic nerves near the kidneys and liver to lower blood sugar and blood pressure.

Newswisenewswise.comin𝕏

Newswise is a news distribution platform and press release service that connects journalists, public relations professionals, and the public with research news and expert sources across medical, science, life, and business sectors.

Marketing TechMedia & EntertainmentSaaS

Roger Johnson(Founder)inJessica Johnsonin

Novo Nordisknovonordisk.comin𝕏

Novo Nordisk is a pharmaceutical company that develops and markets treatments for conditions including diabetes, obesity/weight management, and haemophilia, with products such as GLP-1 therapies.

BiotechHealthtechCopenhagen, DK

Maziar Mike Doustdarin

Co-investorsNovo Holdings

OncoC4oncoc4.cominDec 2020

OncoC4 is a clinical-stage biopharmaceutical company developing immunotherapy treatments for cancer patients, based on research by its immunologist founders.

BiotechHealthtechRockville, US

Yang Liu(Co-founder)inPan Zheng(Co-founder)inMartin Devenport(Executive Officer)Michael Flaschen(Director)

Co-investors3E Bioventures Capital

OncoImmuneoncoimmune.comJan 2017

First-in-class biologic drug targeting the CD24-Siglec innate immunity signaling pathway.

BiotechRockville, US

Pan Zheng(Executive Officer)Yang Liu(Executive Officer, Director)Martin Devenport(Executive Officer)

BoardMiao Hong(Director)Karen Liu(Director)inKun-Liang Guan(Director)

Co-investors3E Bioventures Capital

Osteal Therapeuticsin

Developer of VT-X7 for the treatment of periprosthetic joint infection.

BiotechDallas, US

David Thompson(Executive Officer, Director)inBrian de Beaubien(Executive Officer, Director)Renee Ryan(Director)Jude Paganelli(Executive Officer, Director)

BoardMartin Sands(Director)Judson Cooper(Director)

Ostealtxostealtx.com

Osteal Therapeutics is a clinical-stage pharmaceutical company developing novel treatments for orthopedic infections, particularly periprosthetic joint infections.

BiotechDigital HealthHealthtechMedical Devices

Brian de Beaubien, MD(Co-Founder & Chief Medical Officer)David Thompson(Chairman & CEO)in

Ucdavisucdavis.eduin𝕏

UC Davis is a public tier-one research university located in Davis, California, with additional campuses and centers including UC Davis Health in Sacramento and marine and environmental research labs.

EdTechDavis, US

Co-investorsDigitalDx VenturesThe March Group

Urotronicurotronic.comin𝕏

Urotronic develops drug-coated balloons for interventional urology, including the Optilume products for treating benign prostatic hyperplasia (BPH) and urethral strictures.

HealthtechMedical DevicesPlymouth, US

Junfeng Wang(Director)David Perry(Executive Officer, Director)Tan Ching(Director)Hui Hu(Director, Promoter)Lixiao Wang(Director, Promoter)Doug Kohrs(Director)

Co-investorsEnterprise IrelandGilde HealthcareIreland Strategic Investment FundLegend CapitalLightstone VenturesMVM Life Science Partners+1 more

Verve Medicalverve-medical.com

Verve Medical is developing the Verve RPD System, an investigational device for renal pelvic denervation—a minimally invasive catheter-based procedure that uses radiofrequency energy to disrupt overactive kidney nerves to lower blood pressure.

HealthtechMedical DevicesSanta Barbara, US

Terry Buelna(Chief Executive Officer/President/CFO)in

BoardWayne Wu(Director)

Zeptolifezeptolife.comin

Zepto develops a targeted liquid biopsy platform for infectious disease diagnostics, offering plasma-based molecular testing through its CLIA reference laboratory and an integrated sample-to-result platform for use in hospital laboratories.

BiotechHealthtechMedical Devices

Yongyong Zhang(Founder)in

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

GIEKBPMedbotsurgicalRestoramedicalSobi completes acquisition of Arthrosi Therapeutics

Exits · 3

1 IPOs · 2 acquisitions · showing 2

Sagimet BiosciencesNASDAQ: SGMTKBPacq. by Novo Nordisk

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has HM Venture Partners made?
HM Venture Partners has 30 tracked investments, 3 of which have exited, including 1 dated in the last 24 months.
What stage does HM Venture Partners invest at?
HM Venture Partners invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does HM Venture Partners focus on?
HM Venture Partners focuses on Biotech, Digital Health, Healthtech, Medical Devices.
Where is HM Venture Partners located?
HM Venture Partners is headquartered in San Francisco, US.
Does HM Venture Partners lead rounds?
Yes, HM Venture Partners leads investment rounds.
Who does HM Venture Partners co-invest with?
HM Venture Partners most often shares deals with Southeast Minnesota Capital Fund, 3E Bioventures Capital, Atlas Venture, among 21 tracked co-investors.

Similar investors

Featured in lists