Elm Street Ventures

Elm Street Ventures operates from New Haven, Connecticut, backing early-stage and seed companies connected to Yale research since 2006, with the university itself as its largest investor. It has supported teams developing new therapeutics, materials and tools for industry, and interventions aimed at addressing a warming planet. The firm mainly considers companies with ties to Yale, generally technology licensed out of the university, along with companies based in the greater New Haven area, and in some cases companies elsewhere where its team has strong personal ties to the founders or other investors. Decisions weigh the strength of a team as much as its technology or target market. The firm typically makes an initial investment in a company, with further capital available if the company is tracking well across later financing rounds, and says it will syndicate with other investors who share its approach.