Description
NuFund Venture Group is a San Diego, California–based early-stage angel investment network and fund platform that deploys capital into high-growth technology and life science startups through a collaborative member-managed model designed to compete with traditional angel syndicates and early venture funds. It emerged from the former Tech Coast Angels – San Diego and is one of the largest and most active early-stage investor groups in the U.S. with 300+ accredited investor members nationwide.
Specific Funding Stage
Pre-Seed / Seed: Primary focus on pre-seed and seed stage financings, often acting as the first institutional capital in a company’s journey.
Early Institutional (Seed+ / Series A): Invests across the seed spectrum and into early Series A, especially for companies with traction and market validation.
Investment Size & Model
Typical financing rounds led by NuFund are $300K–$1M+ through the Annual Fund and supplemental angel member checks; broader syndications can increase total round support.
Investment instruments are negotiated on a deal-by-deal basis, generally using SAFEs, convertible notes, or early preferred equity.
Sector Focus
Tech: Software, hardware, AI, mobile, “hard tech,” and enterprise platforms.
Life Sciences: Biotech, healthtech, medical devices, pharma, genomics, diagnostics, and digital health.
Broad Growth: Other venture-grade opportunities with sizable addressable markets and scalable business models.
Founders typically engage via warm introductions from investors, ecosystem partners, or direct outreach through the NuFund “Pitch Us” channels.
Deals are sourced nationally and limited to U.S.–based C-corps suitable for early-stage venture investment.
Eligibility
Geography: U.S.–based startups, typically with national growth potential.
Profile: Early-stage companies with scalable technology or medically innovative products.
Team: Founders with strong execution capability, early traction metrics, and ability to engage with angel-led diligence.
Process
Initial Screening: Founders submit decks and business materials to be reviewed by Subject Matter Experts (SMEs).
Deal Sponsor Assignment: A NuFund member sponsors the deal and advocates internally.
Group Presentation: Startups present to the Annual Fund and investor members for evaluation.
Due Diligence: A structured diligence process completes (often ~80% at first meeting with the remainder over ~29 days).
Member Vote & Funding: Members vote; if approved, capital is deployed, often with optional co-investor syndication.
What an Applicant can Obtain
Strategic Capital: Coordinated equity investments in early rounds led by an experienced angel network (~$300K–$1M+).
Network & Mentorship: Access to a diverse group of investor members, SMEs, and ecosystem partners including Techstars, Antler, JLABS, and research universities.
Follow-on Support: Introduction to later-stage investors and capitals, with support extending into Series A through syndications and member networks.
NuFund has invested in 90+ startups and recently celebrated its 100th portfolio company milestone, underscoring active deal volume and breadth.
Example portfolio companies include LynxBio, Healionics, Paradigm, GoSite, and ALT Sports Data, spanning life sciences and enterprise tech.