Description
SOSV is a global, multi-stage venture capital firm and accelerator platform focused on deep technology startup investing — especially around human and planetary health, climate tech, life sciences, hardware, and hard tech innovations. Founded in 1995 by Sean O’Sullivan, SOSV combines deeply resourced development programs with long-term venture capital support that begins at pre-seed and extends into later rounds.
Specific Funding Stage
Pre-Seed / Seed (Core Focus)
- SOSV typically makes its initial investment at pre-seed / early seed for startups that join its flagship development programs (e.g., HAX, IndieBio, Orbit).
- These programs are designed to accelerate technology, product, and team development before external fundraising.
Series Seed / Series A / Later Follow-On
- SOSV continues to invest follow-on capital into portfolio companies as they progress through Series Seed, Series A, and later rounds — but usually only if SOSV invested at pre-seed.
Investment Amount and Percentage Equity (Company-Level)
Check Sizes / Typical Funding
- SOSV’s pre-seed checks typically fall in the ~$250,000 to $550,000 range, depending on the program and startup needs.
- Some founder reports cite ~$250,000 as SOSV’s standard early ticket in accelerator programs that also help with fundraising momentum.
Equity Taken
- SOSV does not publicly disclose a uniform equity percentage across all investments (equity terms are negotiated deal by deal).
- As an active investor through pre-seed to Series, SOSV usually holds minority, non-controlling positions appropriate for early-stage venture capital.
Contextual Approach
- SOSV’s investments are tied to startup development programs where capital is paired with deep technical resources, facilities, and mentorship — effectively blending program support + capital at early stages.
Equity Structure
- Early investments are typically made via standard venture instruments appropriate for early stage (e.g., SAFEs/notes converting to equity upon priced rounds).
- SOSV deploys capital through program entry and subsequent rounds, often participating alongside co-investors in seed and later financing.
- There are no universal public terms on equity percentages comparable to fixed accelerator models — terms vary by company, program, and stage.
Application / Submission Method
Submission Channels
- Founders typically apply to SOSV’s startup development programs (e.g., HAX for hard/deep tech, IndieBio for life sciences, and others like Orbit).
- Applications run through SOSV’s websites for each program; they operate in regions such as New York City, San Francisco, and Newark (U.S.), among others.
Interaction
- Accepted companies work closely with SOSV partners, mentors, and technical teams during the program and beyond. Decisions to invest follow this intensive engagement.
Eligibility
Program Application: Founders apply to a specific SOSV development program (e.g., HAX, IndieBio).
Selection & Screening: SOSV evaluates fit based on technology depth and potential impact.
Program Engagement: Accepted teams enter the development program with structured support.
Pre-Seed Investment: SOSV typically makes an initial investment concurrent with or shortly after program entry.
Follow-On Evaluation: SOSV assesses product progress and market traction for potential additional funding in seed and later rounds.
Process
Sector Focus
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Deep Tech: Hard tech, robotics, advanced manufacturing, and hardware systems.
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Life Sciences & Health: Biotech, diagnostics, therapeutic platforms, and related areas (via IndieBio).
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Climate & Planetary Health: Decarbonization, sustainable food systems, materials, energy, and other climate innovations.
Geography
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Global — SOSV has backed founders from dozens of countries and maintains development programs in the U.S., Asia, and Europe.
Stage
- Early sampling through pre-seed and seed via program entry; follow-on participation into Series A and later rounds.
Team Profile
- Founders aiming to solve complex scientific, engineering, or planetary challenges with technologies requiring deep R&D and capital.
What an Applicant can Obtain
Pre-Seed Capital: Early funding (~$250K–$550K) tied to accelerator participation.
Technical & Lab Resources: Access to advanced facilities (e.g., fabrication shops, labs).
Deep Mentorship: Support from SOSV engineers, scientists, design experts, and partners.
Ecosystem Access: Introductions to co-investors and corporate partners, plus SOSV’s VC-Founder Matchups and global network.
Follow-On Support: Continued investment into seed, Series A, and beyond for participating portfolio companies.