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Bonaventure Equity Announces the First Close of Life Sciences Cannabis Venture Fund – World News Report

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Bonaventure Equity Logo - Cannabis Venture Capital

www.bve.vc

The life science opportunity in the cannabis economy is truly limitless and the success of our first fund supports our investment thesis.”

— Ross O’Brien

RALEIGH, NC, UNITED STATES, March 8, 2022 /EINPresswire.com/ — Bonaventure Equity, LLC (“BVE”), a life sciences venture capital firm focused on innovation in the cannabis economy, has announced the first closing of its second cannabis venture fund, BVE Select Fund II, L.P. (“Fund II”). With a planned final closing of at least $30 million in aggregate commitments, by strategically partnering with founders at the seed and series A stages of development, Fund II will invest in early stage companies developing innovative solutions, science and IP in the life sciences of biotech, healthcare, agricultural technology, and psychedelic therapies.

BVE’s first fund closed in spring of 2021 with nine portfolio companies, including LeafWorks, a plant genomics company for the cannabis and hemp markets; Engineered Medical Technologies (dba tCheck), a D2C medical device developer; NaluBio Inc, an innovative chemistry based synthetic CBD producer; HoliSTIK Wellness and MyHi, CBD and THC infused beverage companies; two companies co-founded by former professional football player, Ricky Williams; and Revolutionary Clinics, a Massachusetts-based dispensary chain that recently ranked number four on the Forbes 100 Fastest Growing Companies list.

“The life science opportunity in the…

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Bonaventure Equity Logo - Cannabis Venture Capital

www.bve.vc

The life science opportunity in the cannabis economy is truly limitless and the success of our first fund supports our investment thesis.”

— Ross O’Brien

RALEIGH, NC, UNITED STATES, March 8, 2022 /EINPresswire.com/ — Bonaventure Equity, LLC (“BVE”), a life sciences venture capital firm focused on innovation in the cannabis economy, has announced the first closing of its second cannabis venture fund, BVE Select Fund II, L.P. (“Fund II”). With a planned final closing of at least $30 million in aggregate commitments, by strategically partnering with founders at the seed and series A stages of development, Fund II will invest in early stage companies developing innovative solutions, science and IP in the life sciences of biotech, healthcare, agricultural technology, and psychedelic therapies.

BVE’s first fund closed in spring of 2021 with nine portfolio companies, including LeafWorks, a plant genomics company for the cannabis and hemp markets; Engineered Medical Technologies (dba tCheck), a D2C medical device developer; NaluBio Inc, an innovative chemistry based synthetic CBD producer; HoliSTIK Wellness and MyHi, CBD and THC infused beverage companies; two companies co-founded by former professional football player, Ricky Williams; and Revolutionary Clinics, a Massachusetts-based dispensary chain that recently ranked number four on the Forbes 100 Fastest Growing Companies list.

“The life science opportunity in the…

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