About the Fund

We are a Seed-Stage Venture Fund Focused on Leading Industry Sectors Across the Commonwealth of Virginia

We Provide

  • Founders with Vital Early to Late-Stage Seed Funding and Focused Mentoring
  • Investors with Opportunities to Help Grow Virginia’s Entrepreneurial Economy and Strengthen Regional Ecosystems
  • Collaborative Universities with Opportunities to Create Value in Entrepreneurial Ecosystems
  • Angel Networks and Other Funds across Virginia with Lead Syndication and Follow-On Funding Opportunities
  • Venture Firms with a Pipeline of High-Potential Virginia Companies with Proven High-Performance Teams, Solid Platform Technologies, and Profitable Market Traction

Investment Criteria

Structure:
$100k to $500k initial investment
Equity or convertible debt
Focus: 
Health innovation
Democratizing technologies in entrenched industries
 Attributes:
Graduate of a recognized accelerator or previously funded
Dedicated management team
Clear proof of concept and large addressable market
Demonstrated product-market fit
Innovative and defensible tech/IP
Profitable unit economics at scale
Likely exit pathways
Location:
Headquarters or major operations in Virginia

Contact Our Team

Paul Nolde

Fund Manager/Managing Director

Board Members

Monique Adams

Executive Director, 757 Angels
Chandra Briggman

Chandra Briggman

CEO, Activation Capital

Jim Cheng

Investor and Exited Entrepreneur

Dave Levin, M.D.

Chief Medical and Information Officer, Phlow Corp.

Bob Mooney

Co-Founder / Managing Director, NRV

Carrie Roth

COO, Activation Capital