Incubic Management LLC
Angel networkLos Altos Hills · Pre-Seed–Series A · 2 people tracked
Investment thesis
Incubic positions its principals as value-added angel investors who invest, mentor, and coach entrepreneurs, preferring early-stage involvement but also participating in later rounds. The firm emphasizes putting the success of the business ahead of self-interest and building trusting, professional relationships between management and investors. It advocates a pragmatic entrepreneurship philosophy: rather than chasing a 'hot idea,' founders should start in a niche that leverages their professional expertise to reduce market risk, keep capital needs modest, and grow efficiently. The principals also serve as strategic advisors, executive coaches, and board members to established companies.
Source: firm website, verified Aug 3, 2026.
Team · 2 people
from public directoriesWhat they invest in
from 3 of 24 portfolio companiesHealthtech ×2Biotech ×1Consumer ×1Direct to Consumer ×1Hardware ×1Medical Devices ×1Wellness & Fitness ×1
HQs:United States×5
Investments · 24 tracked
founders shown can be your intro pathIridex makes laser systems, EndoProbe handpieces, and vitreoretinal surgical consumables used for precision eye surgery in hospitals and ambulatory surgery centers.
HardwareHealthtechMedical DevicesMountain View, US
Patrick Mercer(Chief Executive Officer)Romeo Dizon(Executive Officer)
BoardYu-Hao Chen(Director)Scott Shuda(Director)William Moore(Director)Beverly Huss(Director)
Co-investorsNew Enterprise Associates (NEA)
Silicon photonics company (acquired).
Audio mixer company (IPO/acquired).
Spintronic memory company (acquired).
Mobile advertising company (acquired).
Telecommunication components company, acquired by NeoPhotonics.
Solid-state laser company, acquired by JDS Uniphase.
BiotechBoulder, US
Christopher Myatt(Chief Executive Officer and Director)Michael Lochhead(EVP/CTO)
BoardRobert Silverman(Director)Milton Chang(Director)
Medical procedure company (acquired).
Medical device company for aneurysm repair, acquired by Endologix.
Research equipment company (IPO/acquired).
Optics manufacturing company (acquired).
Camarillo, US
John Baumann(Executive Officer)Alex Fang(Director)John Bowers(Director)Jon Geske(Director)Tara Holbrook(Director)Chuck Bischof(Director)
Tria Beauty makes at-home laser devices for consumers, including the Tria 4X hair removal laser and the FRX skin rejuvenating fractional laser for reducing fine lines and improving pigmentation.
ConsumerDirect to ConsumerHealthtechWellness & FitnessDublin, US
DAYTON MISFELDT(Director)TOBIN C. ISLAND(Executive Officer)KEVIN J. APPELBAUM(Executive Officer, Director)ALBERT CHA(Director)DEREK YUNG(Executive Officer)DAVID M. MAUNEY(Director)
Co-investorsAisling CapitalBay City Capital
Portable fuel cell developer, sold to Brentronics.
Lasers company (IPO, now JDSU).
Santa Clara, US
BoardPeter Mok(Director)Andy Choi(Director)Michael Chang(Executive Officer, Director)Brian Knapp(Director)
Exits · 4
IPOs and acquisitions across the tracked portfolioIridex CorporationNASDAQ: IRIXLIGHTCONNECTacq. by NeoPhotonics CorporationLightwave Electronicsacq. by JdsuNellix Endovascularacq. by Trivascular
Frequently asked questions
- How many investments has Incubic Management LLC made?
- Incubic Management LLC has 24 tracked investments, 3 of which have exited via acquisition or IPO.
- What stage does Incubic Management LLC invest at?
- Incubic Management LLC invests at the Pre-Seed, Seed, Series A stages.
- What is Incubic Management LLC's typical check size?
- Incubic Management LLC typically writes checks of $100K – $5M.
- What sectors does Incubic Management LLC focus on?
- Incubic Management LLC focuses on Biotech, Data & Infrastructure, Deep Tech, Energy, Hardware, Medical Devices, Robotics, SaaS, Semiconductors.
- Where is Incubic Management LLC located?
- Incubic Management LLC is headquartered in Los Altos Hills, US.
- Who does Incubic Management LLC co-invest with?
- Incubic Management LLC most often shares deals with Aisling Capital, Bay City Capital, New Enterprise Associates (NEA), among 3 tracked co-investors.
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