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.

Co-Founder / Chief Medical Officer, Datica

Bob Mooney

Co-Founder / Managing Director, NRV

Carrie Roth

COO, Activation Capital