Life Sciences Greenhouse of Pennsylvania

Imagine a new, novel treatment for glaucoma or a device that enables heart valve repair without invasive surgery. These are just two of the 200+ products that our funding is advancing. Since LSG Investments was founded in 2002, we have invested $44 million into 86 companies and projects that collectively have created and retained more than 1,850 direct and indirect jobs in the Commonwealth of Pennsylvania. Our portfolio companies have attracted $773 million in follow-on funding from other investors, further strengthening Pennsylvania’s place in the life sciences ecosystem – and are advancing patient care beyond our borders. At a minimum, applicants must have demonstrated proof-of-concept and a demonstrable tie to Pennsylvania such as: 1. Headquarters or a facility here 2. Founders or members of the leadership team reside here 3. The company is being spun out of a Pennsylvania institution We typically invest in seed-stage and Series A rounds. Initial investments usually range from $250,000 to $500,000 with funds released in milestone-driven tranches. Over the longer term, we may invest as much as $5 million per company. We typically consider medical device companies that have completed an initial prototype and demonstrated proof of concept.