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Solas BioVentures

Venture capital

Chattanooga · Pre-Seed–Series B · 14 people tracked

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Investment thesis

Solas BioVentures invests exclusively in the life science industry, focusing on early-stage biopharmaceuticals, medical devices, and digital health. The firm takes a founder-centric approach aimed at enabling breakthrough medicine and meaningful technological innovation. Its investment team brings together expertise across medicine, biotechnology, operations, and finance, supported by a network of limited partners who add domain knowledge when evaluating opportunities. The firm frames its work at the intersection of medicine, science, and finance, backing founders it describes as visionaries, contrarians, entrepreneurs, doctors, scientists, lawyers, and financiers who aim to transform the standard of care and improve patient outcomes.

Invests inBiotechDigital HealthHealthtechMedical DevicesChattanoogaGlobalUnited States

Source: firm website, verified Aug 11, 2026.

Stage
Pre-Seed–Series B
HQ
Chattanooga, Tennessee, US
Instruments
Equity
Founded
2015
AUM
$165M
Tracked investments
32

Team · 14 people

from the firm's website & public directories
ConnieLynn Hutchison· Office Managerin
Julia Ray· Controllerin

What they invest in

from 26 of 32 portfolio companies

Healthtech ×21Medical Devices ×15Biotech ×11Digital Health ×7AI & Machine Learning ×4Hardware ×3Deep Tech ×2Media & Entertainment ×2

HQs:United States×19

Investments · 32 tracked

founders shown can be your intro path

By year:2021 · 32020 · 12019 · 15 dated

Shionogishionogi.comOTC: SGIOF
Tvardi Therapeuticstvarditherapeutics.comin𝕏NASDAQ: TVRDJun 2021

BiotechHouston, US

Ronald DePinho(Director)David J. Tweardy(Executive Officer, Director)

Stimdia Medicalstimdia.comin𝕏✓ verified

Stimdia Medical develops neuromodulation technologies, with a leadership team focused on clinical and regulatory affairs and R&D in critical care and pulmonary medicine.

BiotechDeep TechHealthtechMedical DevicesEdina, US

James Bullock(Director)Jay Katarincic(Founder, Stimdia Medical; Director, Draper Triangle Ventures)Patrick Wethington(Executive Officer, Director)Allen Meacham(President and Chief Executive Officer)Brad Swatfager(Chief Financial Officer)Kristen Lechleiter(Vice President, Clinical and Regulatory Affairs)

Bio 54, LLCOct 2021SEC filingmedium confidence

Chapel Hill, US

Board seatTravis Manasco· per SEC Form D · $4M raise · filed Oct 2021

Francis Medicalfrancismedical.comin𝕏Sep 2021

Francis Medical develops the Vanquish procedure, a medical device treatment for benign prostatic hyperplasia that uses radiofrequency energy to ablate prostate tissue.

Digital HealthHealthtechMedical DevicesMaple Grove, US

Michael Hoey(Director)Michael Kujak(Executive Officer, Director)

BoardAndrew Cleeland(Director)Jan Garfinkle(Director)David Adair(Director)Andre de Bruin(Director)

Board seatMichael Hoey· per SEC Form D

Acquisition News Articlebiospace.comin𝕏

BioSpace is a platform providing news, job listings, and recruitment marketing solutions for the life sciences industry.

BiotechHealthtechHR TechMarketing TechMedia & EntertainmentMedical DevicesSaaSDes Moines, US

Josh Goodwin(CEO)

Advanced Catheter Therapiesacatheter.com

Advanced Catheter Therapies develops the Pressana Occlusion Perfusion Catheter, a medical device for targeted endovascular delivery of therapeutic agents to treat peripheral arterial disease and prevent limb amputation.

BiotechHealthtechMedical Devices

Paul J. Fitzpatrick(Chief Executive Officer)

Aegeamedicalaegeamedical.com
Arctxmedicalarctxmedical.comin

ArctX Medical is developing Chill-AP, an investigational medical device that completed a First in Human Study and is preparing a pivotal study for early 2026.

HealthtechMedical Devices

Arrivobioarrivobio.com

Arrivo BioVentures is a holding company that provides management oversight and funding for its subsidiaries, Sirtsei Pharmaceuticals and Panafina.

Biotech

Baebiesbaebies.comin𝕏

Baebies develops multifunctional syndromic diagnostic testing using proprietary digital microfluidics, integrating molecular, immunoassay, chemistry, and coagulation testing into a single compact platform (FINDER) that runs on small-volume samples.

BiotechDeep TechDigital HealthHealthtechMedical DevicesResearch Triangle Park, US

Vamsee Pamula(Executive Officer, Director)Richard M. West(Executive Officer, Director)Richard West

BoardDennis Sacha(Director)William A. Hawkins(Director)

Basking Biosciencesbaskingbiosciences.cominAug 2020

Basking Biosciences develops therapeutics for thrombosis, vascular biology, and ischemic disease.

BiotechDigital HealthHealthtechMedical DevicesCary, US

Shahid Nimjee(Co-founder, Chief Scientific Officer and Stroke Clinical Lead)inBruce Sullenger(Co-founder)Julia Owens(Executive Officer, Director, Promoter)Ryan Helon(Director)Dan Myers(Director)Richard Shea(Executive Officer, Director, Promoter)

CardioNXTcardionxt.comMar 2019

HealthtechWestminster, US

Donald Conty(Executive Officer, Director, Promoter)Thomas Kurian(Director, Promoter)Jerome Edwards(Executive Officer, Director, Promoter)

Corcymcorcym.comin𝕏

Corcym is a global medical device company focused on structural heart disease, developing heart valve prostheses and repair devices such as sutureless aortic heart valves.

HardwareHealthtechMedical Devices

CryOSAcryosa.com

BiotechHealthtechArden Hills, US

Laura Stoltenberg(Executive Officer, Director)

BoardDavid Belitz(Director)Doug French(Director)James Eadie(Director)Donald Gonzales(Director)

Dimension Inxdimensioninx.comin

Dimension Bio is a biotechnology company that designs and manufactures regenerative therapeutics using its BioNidum™ platform to restore tissue function lost to disease, trauma, or aging.

BiotechHealthtechNew MaterialsChicago, US

Caralynn Nowinski Collens, M.D.(Co-founder & CEO)Ramille Shah, Ph.D.(Co-founder & CSO)Ramille Shah(Director)Caralynn Collens(Executive Officer, Director)

BoardRima Chakrabarti(Director)

EIR-logo-pngeirsystems.net

EirSystems Inc. develops EirMAR, a medication-management platform offering electronic medication administration (eMAR), EPCS-ready e-prescribing, controlled-substance inventory, bed and census tracking, automated reporting, and UB-04 billing.

Digital HealthHealthtechSaaS

I-O Urologyi-ourology.com

Develops an at-home device that measures bladder and urinary symptoms in men and generates a report for healthcare providers to support clinical decisions.

Digital HealthHardwareMedical DevicesKnoxville, US

Ryan Wilemsen(Executive Officer)Stephen Grady Arnold(Executive Officer)Britton Alan Garrett(Executive Officer, Director)David Adair(Director)John Green(Executive Officer)Britton Garrett(Executive Officer, Director)

Intershuntintershunt.comin

Intershunt develops the Dynama System (also known as the PAS-C System), an investigational interatrial shunting device designed to create a pathway in the heart's upper chambers to reduce elevated left atrial pressure and relieve heart failure symptoms.

HardwareHealthtechMedical DevicesFridley, US

Gil M. Vardi(Director)Harlan Lee Sorkin(Executive Officer, Director)

BoardDenis Harrington(Director)David Adair(Director)Jim Bullock(Director)

Ischemia Careischemiacare.comin

Ischemia Care operates a CLIA-certified laboratory that develops blood tests for stroke patients using RNA expression analysis to determine stroke cause and improve clinical outcomes.

AI & Machine LearningDigital HealthHealthtechMedical DevicesOxford, US

Jeffrey June(Executive Officer, Director)Teresa June(Executive Officer)

Jazz Pharmaceuticaljazzpharma.comin𝕏

Jazz Pharmaceuticals is a biopharmaceutical company developing treatments for rare diseases and cancers, with a focus on oncology and biomarker-driven therapies such as those targeting HER2-expressing cancers.

BiotechHealthtech

Knoppbioknoppbio.com

Knopp Biosciences is a privately held company that manages a portfolio of future milestone payments and product royalties from drug pipelines it sold or spun off in 2022.

BiotechHealthtechPittsburgh, US

Benjamin A. Gomez(LLC Manager)Jeffrey S. McCormick(LLC Manager)Thomas V. Petzinger, Jr.(LLC Manager)Gregory T. Hebrank(LLC Manager)Michael E. Bozik(LLC Manager)Steven Dworetzky(Executive Officer)

Massdevicemassdevice.com

MassDevice is a news and media outlet covering the medical device industry, publishing articles, special reports, and white papers on medtech companies, products, and regulatory topics such as FDA 510(k) submissions.

Media & EntertainmentMedical Devices

Mobihealthnewsmobihealthnews.com
NX Prenatalnxprenatal.com

HealthtechLouisville, US

GAIL PAGE(Executive Officer, Director)BRIAN BROHMAN(Executive Officer, Director)ROBERT SAUNDERS(Director)KEVIN BRAMER(Director)ALAN MACK(Director)

Olympusamericaolympusamerica.com
Pathwarepathware.comin

Pathware provides real-time biopsy quality assessment technology for pathologists to determine sample adequacy on-site, reducing repeat procedures and unnecessary surgeries.

AI & Machine LearningHealthtechMedical Devices

Phenomics Healthphenomicshealth.com

Phenomics Health integrates pharmacogenomics, medication exposure, labs, and clinical data with an AI platform (PhenomicsAI) to infer medication-response phenotypes and guide treatment, dosing, and risk decisions.

AI & Machine LearningDigital HealthHealthtechPlymouth, US

Pamela Weir(Director)Lew Wallace(Director)F. David Parker(Director)Jarrett Millsaps(Director)James S. Burns(Executive Officer, Director)

Pretelhealthpretelhealth.com

PreTel develops wearable uterine electromyography sensors and AI-powered analysis software to monitor uterine contractions during pregnancy, enabling early detection of preterm labor, assessment of false labor, and guided Pitocin dosing during labor induction for obstetric care providers.

AI & Machine LearningFemTechMedical DevicesChattanooga, US

Roger Young(Chief Medical Officer / Founder)Marc Finch(CEO)

BoardMark A Samuels(Chairman)

Rediscoverylsrediscoveryls.com
Vektor Medicalvektormedical.comin

HealthtechCarlsbad, US

Chris Villongco(Executive Officer)Alexander Michael Monko(Executive Officer, Director)Robert J. Krummen(Director)

Vesaliovesalio.comin𝕏

Vesalio develops thrombectomy devices, including its enVast system used in cardiovascular procedures such as PCI.

HealthtechMedical Devices

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 2

IPOs and acquisitions across the tracked portfolio

ShionogiOTC: SGIOFTvardi TherapeuticsNASDAQ: TVRD

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Solas BioVentures invest at?
Solas BioVentures invests at the Pre-Seed, Seed, Series A, Series B stages.
What sectors does Solas BioVentures focus on?
Solas BioVentures focuses on Biotech, Digital Health, Healthtech, Medical Devices.
Where is Solas BioVentures located?
Solas BioVentures is headquartered in Chattanooga, US.

Images

Solas BioVentures photoSolas BioVentures photoSolas BioVentures photoSolas BioVentures photoSolas BioVentures photoSolas BioVentures photo

Co-investors · 1

Arboretum Ventures

Arboretum Ventures is a Midwest-based healthcare venture capital firm that invests in early-stage healthcare startups across medical devices, life science tools and diagnostics, tech-enabled care delivery, and pharma adjacencies.

Both backed · 1
$5M – $15M

Firms observed investing alongside Solas BioVentures, from public investor directories. Shared companies are the overlap with Solas BioVentures's recorded portfolio.

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