
Seae Ventures Takes a Significant Step Following Founder’s Legacy
In a move that reflects both resilience and innovation, Seae Ventures has officially acquired Unseen Capital, a firm founded with the vision of supporting underrepresented healthcare entrepreneurs. This acquisition follows the unfortunate passing of Unseen’s founder, Kayode Owens, in 2021. His vision was to create opportunities in the healthcare sector for marginalized communities—a mission that both Seae and Unseen continue to champion together.
Uniting Forces for a Common Mission
The merging of the two firms, both dedicated to serving minorities and underserved populations in healthcare, is positioned to amplify their impact. By merging resources and expertise, the combined firm is set to strengthen its commitment to the healthcare sector focused on diversity. As Jason Robart, co-founder of Seae Ventures, expresses, this integration allows them to honor Owens's legacy while pushing for greater innovation in healthcare solutions.
A Unique Partnership Between Companies
Seae Ventures, which was founded in 2019, has made significant strides in healthcare investments aimed at vulnerable populations. Their previous experience in healthcare investments leads them to identify the potential in providers addressing critical needs with strong returns. For example, Seae Ventures has previously supported companies like Tia, which caters to women's health needs, and Needed, which provides essential dietary supplements during pregnancy. Bridging Unseen's investments with their established track record creates an enriched portfolio focusing on innovative startups within the biotechnology community.
A Shift in the Investment Landscape
With Unseen's assets and the support from major partners like Eli Lilly, the acquisition brings Seae Ventures' total assets under management to $200 million. This is a notable achievement, especially in an investment landscape where the emergence of diversity-focused firms is increasingly critical. As many professionals in the medical, research, and tech sectors in the Research Triangle Park (RTP) attest, backing for startups that uplift minority voices in healthcare is crucial for societal advancement.
The Future of Healthcare Investment
The acquisition represents a broader trend of integrating funds with similar missions. More than just a financial transaction, this partnership symbolizes a collective effort to mend inequities in healthcare by ensuring diverse voices are heard. Robart highlights the organization’s dedication to fostering innovations that directly benefit communities often overlooked in traditional investment strategies.
Conclusion: Honoring a Legacy, Shaping the Future
The union of Seae Ventures and Unseen Capital offers a powerful reminder of the potential for collaboration in the pursuit of equity in the healthcare system. As new endeavors take shape, professionals within the RTP community should pay close attention to the evolving landscape of investments targeting underserved populations.
If you are passionate about creating changes in healthcare or looking to transition into roles that support innovative medical solutions, now is an opportune time to engage with firms that prioritize diversity and unparalleled mission-driven approaches. Explore opportunities with startups in your area, connect with professionals at Duke University, UNC-Chapel Hill, and NC State University, and shape the future of healthcare together.
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