Cloudstone Venture

Cloudstone Venture runs Cloudstone Venture Fund, a venture investor set up in 2016 in California. Its first fund backed technology startups across healthtech, AI and other new technologies; its second fund concentrates entirely on healthtech, with the stated mission of improving health and well-being worldwide.

What Cloudstone Venture does

• Venture capital: investment in technology startups, now centred on healthtech.
• Regulatory support: help for portfolio companies with FDA 510k compliance.
• Follow-on financing: assistance raising later rounds and arranging strategic investment or partnerships.
• Advice and connections: introductions to resources and networks drawn from the partners' backgrounds as founders, board members, professors and chief executives.

Who it works with

The firm sources deals through ties to medical, academic and technology groups such as Biodesign and the Fogarty Institute. Fund II targets four healthtech areas, including AI and digital health, and genomics and personalised medicine.

Key facts

• Based in: San Mateo, California
• Founded: 2016
• Track record: Fund I made 24 investments, 14 of them in healthtech
• Deal flow: reviews more than 300 companies each year