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Research Corporation Technologies (RCT) is a technology investment and management company based in Tucson, Arizona. Founded in 1912, RCT is one of the oldest technology transfer entities in the United States, specializing in early-stage funding and development for promising biomedical companies and technologies. The organization manages assets exceeding $500 million and aims to advance technology development through venture investment, partnerships, and special licensing programs.
Over its long history, RCT has evolved to focus on investments that stem from university research and innovation. This unique positioning allows RCT to support groundbreaking technologies and facilitate their transition from academic settings to commercial viability. The firm has a notable track record of funding significant biomedical innovations, contributing to advancements in healthcare and medical devices.
RCT invests primarily in start-up and early-stage companies with technologies that have the potential to become significant biomedical products. The organization concentrates on two main sectors: Biotechnology (including therapeutics and tools) and Medical Devices. RCT's investment strategy is characterized by flexible, long-term funding options, with initial financial commitments typically ranging from $500,000 to $5 million.
The firm seeks to partner with companies that demonstrate innovative approaches to healthcare challenges, particularly those emerging from universities and research institutions. RCT's investment thesis emphasizes the importance of supporting technologies that can lead to substantial improvements in patient care and treatment outcomes.
Research Corporation Technologies has supported a variety of notable ventures, including:
Additionally, RCT is associated with significant biomedical technologies such as:
Jeffrey E. Jacob: Chairman of RCT, bringing extensive experience in technology transfer and investment management.
Shaun A. Kirkpatrick: President of Biotechnologies, with a background in biotech investments and development.
Christopher P. Martin: President of Medical Devices and Chief Financial Officer, overseeing financial operations and medical device investments.
Kathleen M. Hunter-Gregory: Controller, responsible for financial reporting and compliance.
Chad W. Souvignier, Ph.D: Vice President, contributing expertise in biomedical research and technology commercialization.
David A. Wiersma: Senior Associate, involved in deal sourcing and portfolio management.
Jorge Figueroa: Systems Administrator, managing IT infrastructure and support.
Brad Morie: Senior Director of Biotechnologies, focusing on biotech investments and strategy.
Danielle Wilson: Director of Administration & Corporate Secretary, overseeing administrative functions.
Paul Hoerbelt: Director of Biotechnologies, contributing to biotech investment strategies.
Maggie Zhou: Associate Controller, assisting in financial management.
William Kelly: Associate, supporting various operational and investment activities.
To pitch to Research Corporation Technologies, startups should submit their proposals through the application portal on RCT's website at rctech.com. It is advisable to include a detailed overview of the technology, its market potential, and the team behind the project. RCT appreciates clear and concise presentations that highlight the innovation and feasibility of the proposed solution.
Response times may vary, but founders can expect to hear back regarding their submissions within a reasonable timeframe. Warm introductions are beneficial but not strictly necessary for initial pitches.
Research Corporation Technologies has been actively engaged in the venture capital space, focusing on investments in biomedical innovation. Recent blog posts indicate ongoing involvement with industry developments, including updates on manufacturing expansions and partnerships. However, specific details regarding recent investments or exits have not been disclosed.
Q?
What are RCT's investment criteria?
RCT focuses on early-stage companies in the biotechnology and medical device sectors, particularly those with technologies emerging from university research.
Q?
How can startups apply or pitch to RCT?
Startups can submit their pitch through the application portal available on RCT's website at rctech.com.
Q?
What makes RCT different from other investors?
RCT is one of the oldest technology transfer organizations in the U.S., with a unique focus on commercializing university research and a long history of supporting groundbreaking biomedical innovations.
Q?
What is the typical check size for investments?
RCT typically invests between $500,000 and $5 million in early-stage companies.
Q?
What is RCT's geographic focus?
RCT primarily invests in companies located in North America.
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