Investor profile

3x5 Special Opportunity Fund

VC

USHealthtechBio/PharmaClimateDeep Tech

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Investment thesis

3x5 Partners is a venture capital firm that collaborates with passionate entrepreneurs developing solutions to global health and climate crises. The firm's mission is to 'invest in what the world needs,' focusing on early stage companies developing solutions that significantly improve the lives of people and help humanity be better stewards of the planet. Their dual investment strategy is guided by foundational beliefs that people's and planet's health are intertwined, and represent areas where innovation is most needed. Healthcare investments include biotechnology, medical devices and diagnostic companies. The firm addresses environmental challenges through investments in companies with innovation for water, energy, food, and waste. 3x5 is committed to building companies with patient capital and believes that prioritizing what is best for the portfolio companies ultimately leads to the best outcomes for investors. With careful assembly of a high-conviction portfolio, 3x5 leads early financing rounds, aims to be an active board member, and deploys $15M-$20M per company.

Notable quotes

Our goal has always been to significantly improve the lives of people and help humanity be better stewards of the planet. Protecting the shared health of the planet and its people is more critical than ever. We believe deeply that, far from being an encumbrance, investing in essential solutions is the source of our performance.

Nicholas Walrod · Business Wire · 2021-03-16

We're pleased to join American Century. Our expertise in collaborating with passionate entrepreneurs who are developing solutions in response to global healthcare and climate needs dovetails with the firm's commitment to doing well while doing good. We believe this will be a great fit as we continue our work.

Nicholas Walrod · PR Newswire · 2023-09-05

Team

Tony Arnerich

Co-Founder and Managing Director

HealthtechClimate

Nicholas Walrod

Co-Founder and Managing Director

HealthtechClimate

Joe Biller

Managing Director

HealthtechClimate

David Yeh

Managing Director

HealthtechClimate

Recent investments

CompanyRoundSizeDate
Fervo EnergySeries C$138m2022-08-22
KaleidoscopeSeries A2023-08-08
Bonum TherapeuticsSeries A2022-11-15
Arch Oncologyunknown2021
Adarza BioSystemsunknown2021
Good TherapeuticsSeries A2020-05-21
Interveneunknown2021
EnZincSeed2022-07-25
Tryton MedicalOther Equity$20m2014-09-09
Smart Wiresunknown

Frequent co-investors

VC firmDeals together
RiverVest Venture Partners2
Vivo Capital1
Rally Ventures1
DCVC1
Canepa Advanced Healthcare Fund1

Fit check

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