Fundraising Fox

Incubic Management LLC

Angel network

Los Altos Hills · Pre-Seed–Series A · 2 people tracked

Fox Verdict
Sign up to see your fit

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.

Stage
Pre-Seed–Series A
Check
$100K – $5M
HQ
Los Altos Hills, California, US
Instruments
Equity
Founded
2000
Tracked investments
24

Team · 2 people

from public directories

What they invest in

from 3 of 24 portfolio companies

Healthtech ×2Biotech ×1Consumer ×1Direct to Consumer ×1Hardware ×1Medical Devices ×1Wellness & Fitness ×1

HQs:United States×5

Investments · 24 tracked

founders shown can be your intro path
Iridex Corporationiridex.comin𝕏NASDAQ: IRIX

Iridex 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)

Aurrion

Silicon photonics company (acquired).

CyberOptics
Euphonics

Audio mixer company (IPO/acquired).

Grandis

Spintronic memory company (acquired).

Greystripe

Mobile advertising company (acquired).

Laser Power Optics
LIGHTCONNECTacquired by NeoPhotonics Corporation

Telecommunication components company, acquired by NeoPhotonics.

Lightwave Electronic
Lightwave Electronicsacquired by Jdsu

Solid-state laser company, acquired by JDS Uniphase.

mBio Diagnosticsmbiodx.com

BiotechBoulder, US

Christopher Myatt(Chief Executive Officer and Director)Michael Lochhead(EVP/CTO)

BoardRobert Silverman(Director)Milton Chang(Director)

Nellix

Medical procedure company (acquired).

Nellix Endovascularacquired by Trivascular

Medical device company for aneurysm repair, acquired by Endologix.

New Focus

Research equipment company (IPO/acquired).

Newport
Precision Photonics

Optics manufacturing company (acquired).

Protein Fluidics Inc.proteinfluidics.com
Questek
Rochester Photonics
ThinGapthingap.com

Camarillo, US

John Baumann(Executive Officer)Alex Fang(Director)John Bowers(Director)Jon Geske(Director)Tara Holbrook(Director)Chuck Bischof(Director)

Tria Beautytriabeauty.comin

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

Ultracell Corporation

Portable fuel cell developer, sold to Brentronics.

Uniphase

Lasers company (IPO, now JDSU).

Yesvideoyesvideo.com

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 portfolio

Iridex 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.

Images

Incubic Management LLC photo

Similar investors

Featured in lists