United States · Investor

Solas BioVentures

Filed with the SEC to raise a fund in May 2024, closing $35M. Last cheque observed Oct 2025.

VC firmQuietLast fund $35M, May 2024

SeedSeries ABiopharmaceuticalsMedical DevicesDigital Health

Cheques on record
0%of best year0cheques in 12 months, 4 on record
Since the last cheque389days00hrs00min00sec
Median round$28MRounds led0 of 4Sole investor1 rounds
Pitch Solas BioVentures

Solas BioVentures highlights

  1. 01

    4 rounds on record

  2. 02

    Mostly Series A and Series C: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $17M

What they do

Venture Capital that invests exclusively in the Life Science industryFrom their own website
Type
VC firm
Cheque size
Not stated
Stages
SeedSeries A
Sectors
BiopharmaceuticalsMedical DevicesDigital Health
Based in
Chattanooga, United States
Cold pitches
Not accepted

The record

Every round we can evidence, newest first4 appearances

  1. 2025

    1 round

  2. Oct
  3. 2024

    1 round

  4. Jan
    Basking BiosciencesSeries A · US · Firms' own news pages$55MWith 7 others
  5. 2018

    1 round

  6. Nov
    Aegea MedicalUS · FinSMEs$17MSole investor
  7. 2015

    1 round

  8. May
    AEGEA MedicalSeries C · US$36MWith 5 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

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

CDCharles David AdairManager of Solas BioVentures Management LLC, the Investment ManageriFiling they signed
DBDavid BelitzManager of the Investment ManageriFiling they signed
DCDavid C. AdairManager of the Investment ManageriFiling they signed
MDMark D. HackettManager of Solas BioVentures Management LLC, the Investment ManageriFiling they signed
MHMichael HoeyManager of Solas BioVentures Management LLC, the Investment ManageriFiling they signed

We also hold 15 people 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.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$165Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Solas Bioventures Management, LLC
SEC number
CRD 322344

What they claim to have backed

From their own portfolio page (on their website)

5 of 25 we have independently watched raise

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Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

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

Quick answers about Solas BioVentures

What does Solas BioVentures invest in?

Solas BioVentures invests most often at Series A and Series C (100% of the rounds on record), in sectors such as Biopharmaceuticals, Medical Devices and Digital Health.

How active is Solas BioVentures?

4 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2025.

What has Solas BioVentures invested in recently?

Its most recent investments on record: Basking Biosciences (Undisclosed round, Oct 2025) and Aegea Medical (Undisclosed round, Nov 2018).

How big are Solas BioVentures's cheques?

The median round it joins is $28M.

Is Solas BioVentures investing now?

No investments in the last 12 months; the latest was in Oct 2025.

Who does Solas BioVentures invest alongside?

Most often ARCH Venture Partners (2 rounds together), Longview Ventures (2 rounds together) and Platanus (2 rounds together).

What kind of investor is Solas BioVentures?

Solas BioVentures is a VC firm based in Chattanooga, United States.

How much does Solas BioVentures manage?

About $165M, as regulatory assets under management (Oct 2026).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it