TLDR:
- NuFund Venture Group is a new wave of angel investors with a unique fund model focusing on emerging technology leaders.
- The group has about 350 active accredited investors and invests in companies across various sectors including SaaS, Medtech, Digital Health, IoT, consumer products, and deep tech.
NuFund Venture Group President Serhat Pala has a background as a serial startup founder and is a general partner at Cross Ocean Ventures. He leads the group in investing about $10 million annually through its innovative Annual Fund in companies with disruptive technologies and visionary leadership.
They have made significant investments in companies like DTx Pharma and have a diverse membership providing expertise in various domains, giving them a wide range of perspectives and expertise. Their future goals include expanding beyond Southern California and replicating their unique angel investor and venture capital fusion model nationwide.
The group’s deal lead process involves thorough due diligence and collaborative decision-making, with recent deals including investments in companies like ALT Sports Data and Kneevoice led by members like Bryan Bennett, Bryan Barnard, and Sami Shihabi.
Pala advises startup founders looking to get funding from early-stage investor groups like NuFund to research and identify investors that understand their market and technology, clearly communicate risk and opportunity, and seek investors that can create value beyond just providing funding.
