Tag: Amit Mehta

San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M
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San Antonio Biotech Startup Intrinsic Imaging Acquired for $80M

If you look at startup exits, you don't usually see biotechnology startups represented since they typically generate their biggest profits long after an IPO or acquisition. One San Antonio biotech acquisition has broken that mold, with an amount that netted its limited partners an exceptional return, even by angel investing standards.Intrinsic Imaging, a biotech startup that provides imaging support mainly to clinical trial vendors, has been acquired by WCG Clinical, Inc. for $80 million. According to the S-1 form filed with the SEC on July 1, WCG Clinical purchased Intrinsic Imaging's artificial intelligence (AI) radiology imaging support services to add the innovative capability to their "proprietary suite of technology-enabled solutions."WCG Clinical is a clinical research trial...
What’s Happening in Venture Capital? Local Investors Weigh In
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What’s Happening in Venture Capital? Local Investors Weigh In

Startup founders know the COVID-19 pandemic has changed investor funding for the foreseeable future. Beyond the obvious shift to virtual pitching and team meetings, what else is going on in the world of venture capital (VC)?We spoke with three San Antonio investors who are tracking what’s changing during the global pandemic, and more importantly, looking ahead at the investing landscape over the next year or so. Level playing field, opportunities abound for innovative companiesIn April, Active Capital founder and CEO Pat Matthews said his venture firm had invested in eight portfolio companies and three new ones.“We also closed two Series As, two sidecars, and one M&A [mergers and acquisitions] transaction. I wouldn’t say it’s been business as usual, but it’s been busy,” ...
Alamo Angels Investor Group Searches for New Executive Director
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Alamo Angels Investor Group Searches for New Executive Director

San Antonio-based Alamo Angels, a group that invests in startups, announced Cat Dizon is leaving the executive director role and will be transitioning out later this month, according to an email sent to Alamo Angel members Tuesday.Before joining Alamo Angels in September 2018, Dizon was co-founder, chief operating officer, and partner at Active Capital, a venture firm based in San Antonio focused on leading seed rounds for business-to-business software as a service (SaaS) companies. She continued as a part-time Active Capital venture partner throughout her tenure at Alamo Angels and plans to return to Active Capital to help grow the firm she co-founded.Read more: Alamo Angels Names Cat Dizon as Its New Executive Director"With the support of Pat [Matthews, Active Capital founde...