What stage does New Orleans BioFund invest at?

New Orleans BioFund invests at the Pre-Seed, Seed stages.

What is New Orleans BioFund's typical check size?

New Orleans BioFund typically writes checks of $500K.

Where is New Orleans BioFund located?

New Orleans BioFund is headquartered in New Orleans, US.

New Orleans BioFund

Impact investor

New Orleans · Pre-Seed–Seed · 6 people tracked

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Investment thesis

The New Orleans BioInnovation Center supports entrepreneurship and bioscience innovation across Louisiana. Working directly with entrepreneurs and researchers, it helps commercialize new technologies emerging from Louisiana universities, healthcare institutions, and independent innovators, aiming to build globally competitive life science companies. It offers customized commercialization services, premier facilities, and a broad support network connecting innovators with business, community, and investor stakeholders. Its vision is for Louisiana to become a recognized leader in biotech innovation and commercialization, generating well-paying jobs, attracting private investment, and fostering regional economic growth, while promoting inclusion of underrepresented groups in the biotech community.

Invests inAdvanced Manufacturing Biotech Digital Health Healthtech Medical Devices New Orleans United States

Source: firm website, verified Oct 2, 2026.

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Stage

Pre-Seed–Seed

Check

$500K

New Orleans, US

Instruments

Equity

Tracked investments

Team · 6 people

from the firm's website

Kris· Managing Director, New Orleans BioFund; Executive Director, New Orleans BioInnovation Center· New Orleans

Kris serves as Managing Director of the New Orleans BioFund and Executive Director of the New Orleans BioInnovation Center, having deployed about $7.5MM across 25 early-stage local companies and re-launched the global BioChallenge biotech pitch competition. He previously managed Propeller's Social Venture Fund, taught venture capital at Tulane and Loyola, and worked in commercial lending at IberiaBank and Capital One. He holds an MBA from Tulane and a finance degree from LSU.

Kris Khalil· Executive Director & BioFund Managing Director· New Orleans

Executive Director of NOBIC and Managing Director of the New Orleans BioFund, where he has deployed $7.5MM across 25 early-stage local companies with initial checks around $500K. He re-launched the global BioChallenge biotech pitch competition in 2024, previously managed Propeller's Social Venture Fund, taught venture capital at Tulane and Loyola, and worked in commercial lending at IberiaBank and Capital One. He holds an MBA from Tulane and a finance degree from LSU.

Dr. Korak Sarkar· Clinician-in-Residence

A neurologist double-boarded in Neurology and Brain Injury Medicine and Rehabilitation, he joined the Ochsner Neurosciences Institute in 2015 and teaches at Tulane. His traumatic brain injury research earned the American Academy of Neurology Founder's Award in Translational Research.

Elliot Robinson· Chief Facilities Manager

Oversees maintenance of NOBIC's 66,000 square foot LEED-certified downtown New Orleans building, bringing 14 years of facility leadership experience and an English degree from Indiana University.

Gina Marie Jackson· Consulting Director Admin + Communications

Leads administrative and communications projects at NOBIC, building awareness and partnerships. She previously led corporate communications for neurotechnology firm 28bio (formerly AxoSim) and runs her own consulting company, holding a communications degree from the University of Miami.

Jason Briggs· Accountant & Grants Manager

NOBIC's accountant and grants manager specializing in grant reporting, general ledger accounting, and cash management, with 20 years of nonprofit accounting experience and an accounting degree from Mississippi State University.

What they invest in

from 1 of 1 portfolio companies

Advanced Manufacturing ×1Cleantech ×1Climate Tech ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path

Advanoadvano.io in 𝕏Series A

Advano manufactures silicon-based anode materials for lithium-ion batteries that improve energy density and reduce costs for electric vehicles.

Advanced ManufacturingCleantechClimate TechNew Orleans, US

Shiva Adireddy(Founder/CTO)in Alexander Girau(Founder)in

Co-investorsAAF Management Ltd.Boot64 Ventures Fifty Years Globivest Innovation Catalyst Manta International Consultancy S.A.L +22 more

Frequently asked questions

What stage does New Orleans BioFund invest at?: New Orleans BioFund invests at the Pre-Seed, Seed stages.
What is New Orleans BioFund's typical check size?: New Orleans BioFund typically writes checks of $500K.
What sectors does New Orleans BioFund focus on?: New Orleans BioFund focuses on Advanced Manufacturing, Biotech, Digital Health, Healthtech, Medical Devices.
Where is New Orleans BioFund located?: New Orleans BioFund is headquartered in New Orleans, US.

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