# MDS Capital: portfolio, investments and team

> MDS Capital is a growth equity based in United States. 16 investments on record, latest Jun 2007. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mds-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# MDS Capital

No cheque observed since Jun 2007, after 16 earlier cheques, and the website is parked.

Dormant Growth equity

Series C Series A Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 16 on record

Since the last cheque **7061** days **00** hrs **00** min **00** sec

Median round **$31M** Rounds led **0 of 16** Exits **7 from the portfolio** Mostly in **United States, 81%**

Pitch MDS Capital

## MDS Capital highlights

- 01 16 rounds on record
- 02 Mostly Series C and Series A: 56% of its rounds
- 03 7 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **16 appearances**

- **2007** 3 rounds
- **Jun** **[U-Systems](https://millionrounds.com/company/u-systems)** Series E · US **$17M** With 7 others
- **Feb** **[MAKO Surgical](https://millionrounds.com/company/mako-surgical)** Series C · US **$30M** With 5 others
- **Jan** **[Ception Therapeutics](https://millionrounds.com/company/ception-therapeutics)** Series C · US · ceptiontx.com **$63M** With 4 others
- **2006** 2 rounds
- **Sept** **[RenaMed Biologics](https://millionrounds.com/company/renamed-biologics)** Venture · US · venturecapitalreporter.com **$40M** With 8 others
- **May** **[KAI Pharmaceuticals](https://millionrounds.com/company/kai-pharmaceuticals)** Series B · US · kaipharmaceuticals.com **$35M** With 6 others
- **2005** 1 round
- **Nov** **[Adnavance Technologies](https://millionrounds.com/company/adnavance-technologies)** Series A · US · biospace.com **$3.9M** With 2 others
- **2004** 6 rounds
- **Dec** **[Inimex Pharmaceuticals](https://millionrounds.com/company/inimex-pharmaceuticals)** Series A · CA **$1.7M** With 4 others
- **Nov** **[ViOptix](https://millionrounds.com/company/vioptix)** Series C · US **$9.2M** With 3 others
- **Jul** **[Alveolus](https://millionrounds.com/company/alveolus)** Series B · US **$10M** With 4 others
- **Apr** **[Corus Pharma](https://millionrounds.com/company/corus-pharma)** Series C · US **$60M** With 16 others
- **Apr** **[Archemix](https://millionrounds.com/company/archemix)** Series B · US **$50M** With 8 others
- **Mar** **[TransMolecular](https://millionrounds.com/company/transmolecular)** Series C · US **$33M** With 11 others
- **2003** 2 rounds
- **Nov** **[Neuromed Pharmaceuticals](https://millionrounds.com/company/neuromed-pharmaceuticals)** Series C · CA **$32M** With 5 others
- **Feb** **[Twinstrand Therapeutics](https://millionrounds.com/company/twinstrand-therapeutics)** Venture · CA **$6.7M** With 3 others
- **2002** 2 rounds
- **Dec** **[TriVirix International](https://millionrounds.com/company/trivirix-international)** Series D · US **$25M** With 11 others
- **Aug** **[Archemix](https://millionrounds.com/company/archemix)** Series A · US **$52M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **7 in all**

**[MAKO Surgical](https://millionrounds.com/company/mako-surgical)** Bought by Stryker Corporation **$1.6B** Sept 2013

**[U-Systems](https://millionrounds.com/company/u-systems)** Bought by [GE Healthcare](https://millionrounds.com/fund/ge-healthcare) **Undisclosed** Nov 2012

**[KAI Pharmaceuticals](https://millionrounds.com/company/kai-pharmaceuticals)** Bought by [Amgen](https://millionrounds.com/fund/amgen) **$315M** Apr 2012

**[Ception Therapeutics](https://millionrounds.com/company/ception-therapeutics)** Bought by [Cephalon](https://millionrounds.com/fund/cephalon) **$250M** Feb 2010

**[Neuromed Pharmaceuticals](https://millionrounds.com/company/neuromed-pharmaceuticals)** Bought by Zalicus **Undisclosed** Dec 2009

**[Twinstrand Therapeutics](https://millionrounds.com/company/twinstrand-therapeutics)** Bought by Cangene **Undisclosed** Jul 2009

**[Corus Pharma](https://millionrounds.com/company/corus-pharma)** Bought by [Gilead Sciences](https://millionrounds.com/fund/gilead-sciences) **Undisclosed** Oct 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series C Series A Series B

Median round joined **$31M** the round, not its cheque

Led 0 of 16 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2007
- **Exits:** 7 from the portfolio

Rounds by stage said on their site

- Series C *6*
- Series A *3*
- Series B *3*
- Venture *2*
- Series D *1*
- Series E *1*

Cheques by year Led Joined

2002 2007

Often in the room with

- [GrowthWorks](https://millionrounds.com/fund/growthworks) 4
- [Aperture Venture Partners](https://millionrounds.com/fund/aperture-venture-partners) 3
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3
- [POSCO BioVentures](https://millionrounds.com/fund/posco-bioventures) 3
- [Atlas Venture](https://millionrounds.com/fund/atlas-venture) 2
- [Care Capital](https://millionrounds.com/fund/care-capital) 2

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## Who they invest alongside

The investors most often in the same rounds as MDS Capital. A count of rooms they were both in, not a relationship either has claimed.

[**GrowthWorks** VC firm **4** rounds together](https://millionrounds.com/fund/growthworks)[**Aperture Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/aperture-venture-partners)[**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**POSCO BioVentures** VC firm **3** rounds together](https://millionrounds.com/fund/posco-bioventures)[**Atlas Venture** VC firm **2** rounds together](https://millionrounds.com/fund/atlas-venture)[**Care Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/care-capital)[**Cogene Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/cogene-ventures)[**MB Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/mb-venture-partners)[**Prospect Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/prospect-venture-partners)[**TSC BioVenture Capital Corporation** VC firm **2** rounds together](https://millionrounds.com/fund/tsc-bioventure-capital-corporation)[**TVM Capital** Private equity **2** rounds together](https://millionrounds.com/fund/tvm-capital-life-science)[**US Trust Private Equit** Growth equity **2** rounds together](https://millionrounds.com/fund/us-trust-private-equit)

## Quick answers about MDS Capital

### What does MDS Capital invest in?

MDS Capital invests most often at Series C and Series A (56% of the rounds on record).

### How active is MDS Capital?

16 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2007.

### How big are MDS Capital's cheques?

The median round it joins is $31M.

### Does MDS Capital lead rounds?

Rarely, if at all: none of its 16 investments on record names it as the lead.

### Where does MDS Capital invest?

Most of the companies it backs are in the United States (81%) and Canada (19%).

### Is MDS Capital investing now?

It looks quiet: no investment on record since Jun 2007.

### Who does MDS Capital invest alongside?

Most often GrowthWorks (4 rounds together), Aperture Venture Partners (3 rounds together) and BDC Capital (3 rounds together).

### What kind of investor is MDS Capital?

MDS Capital is a growth equity firm based in United States.

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