# Solas BioVentures: portfolio, investments and team

> Solas BioVentures is a vc firm based in United States. 4 investments on record, latest Oct 2025. Portfolio, stages, co-investors and team.

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

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

# Solas BioVentures

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

Email

VC firm Quiet Last fund $35M, May 2024

Seed Series A Biopharmaceuticals Medical Devices Digital Health

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **389** days **00** hrs **00** min **00** sec

Median round **$28M** Rounds led **0 of 4** Sole investor **1 rounds**

Pitch Solas BioVentures

## Solas BioVentures highlights

- 01 4 rounds on record
- 02 Mostly Series A and Series C: 100% of its rounds
- 03 Sole investor in 1 rounds, median $17M

## What they do

> Venture Capital that invests exclusively in the Life Science industry From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Biopharmaceuticals Medical Devices Digital Health
- **Based in:** Chattanooga, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **4 appearances**

- **2025** 1 round
- **Oct** **[Basking Biosciences](https://millionrounds.com/company/basking-biosciences)** US · Firms' own news pages **$28M** With 5 others
- **2024** 1 round
- **Jan** **[Basking Biosciences](https://millionrounds.com/company/basking-biosciences)** Series A · US · Firms' own news pages **$55M** With 7 others
- **2018** 1 round
- **Nov** **[Aegea Medical](https://millionrounds.com/company/aegea-medical)** US · FinSMEs **$17M** Sole investor
- **2015** 1 round
- **May** **[AEGEA Medical](https://millionrounds.com/company/aegea-medical)** Series C · US **$36M** With 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 registration **5 named**

CD **Charles David Adair** Manager of Solas BioVentures Management LLC, the Investment Manager i Filing they signed

DB **David Belitz** Manager of the Investment Manager i Filing they signed

DC **David C. Adair** Manager of the Investment Manager i Filing they signed

MD **Mark D. Hackett** Manager of Solas BioVentures Management LLC, the Investment Manager i Filing they signed

MH **Michael Hoey** Manager of Solas BioVentures Management LLC, the Investment Manager i Filing 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

**$165M** assets it manages Oct 2026

**Registered** investment adviser full 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

[Baebies_Reg_Logo_NT_Expand](https://millionrounds.com/company/baebies)[Francis_logo_main-tag](https://millionrounds.com/company/francis-medical)[iNTERSHUNT](https://millionrounds.com/company/intershunt)[pretel](https://millionrounds.com/company/pretel)[tvardi](https://millionrounds.com/company/tvardi-therapeutics) 0.png 2db9bd1c914e5fe2908fc18684b74f76 3f0e1778af050487848adf0652690058 AEGEA ARRIVO_Logo_FINAL-01_resized Arctxmedical Basking BioStable-Science-and-Engineering CardioNXT-Logo-White EirSystems logo (1) IO-Urology_V NEW_Knopp_Logo_for_Use NXP Pathware.jfif Phenomics_Helath_Inc. VESALIO Vektor_Medical[70] background-removed cryosa+logo+concepts+v3 nxthera_logo_sm

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.

Latest fund on file

**$35M**

raised in May 2024

From its SEC filing. Nothing newer is on file yet.

## The cheque

Seed Series A

Median round joined **$28M** the round, not its cheque Alone, median **$17M**

Led 0 of 4 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2025

Rounds by stage said on their site

- Series A said *1*
- Series C *1*
- Seed said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) 2
- [Longview Ventures](https://millionrounds.com/fund/broadview-ventures-inc) 2
- [Platanus](https://millionrounds.com/fund/platanus-ventures) 2
- [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) 2

**Pitching Solas BioVentures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## 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.

[**ARCH Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/arch-venture-partners)[**Longview Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/broadview-ventures-inc)[**Platanus** Accelerator **2** rounds together](https://millionrounds.com/fund/platanus-ventures)[**RTW Investments LLC** Growth equity **2** rounds together](https://millionrounds.com/fund/rtw-investments-lp)

## 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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