Alta Partners
Company type | Private ownership |
---|---|
Industry | Private equity |
Predecessor | Burr, Egan, Deleage & Co. |
Founded | 1996 |
Founder |
|
Headquarters | One Embarcadero Center San Francisco, California, United States |
Key people | |
Products | Venture capital |
Website | www.altapartners.com |
Alta Partners is a venture capital firm based in San Francisco which invests primarily in biotechnology and life science companies.[4]
Cofounder Guy Nohra later relocated in Barcelona, Spain, to cofound Alta Life Sciences[5] in 2016.[6]
History
[edit]Dan Janney joined Alta as a partner in 1996, when the firm was founded; Pete Hudson and Bob More joined in 2017.[7]
In 2000, the firm launched two VC funds, Alta California Partners III and Alta BioPharma Partners II.[8] It raised its ninth fund, Alta Partners NextGen Fund I, in 2017.[7] Two new healthcare VC funds were launched in 2004: Alta BioPharma Partners III and ACP IV.[9]
In May 2022, the company filed a lawsuit against BRC Inc.[10] (NYSE:BRCC),[11] the surviving entity of a 2021 merger between SilverBox Capital and Black Rifle Coffee[12]) in the Southern District of New York, which alleging a breach of contract, and seeking damages due to BRC's refusal to allow Alta to exercise warrants in 2022. The suit was settled in June 2025, with Alta paying BRC $1,000,000, and BRC issuing 2,300,100 shares of its Class A common stock to Alta.[11]
Investments
[edit]Notable investments have included Ellie Mae, Be Inc., Ilex Oncology, Connects Corp, The Medicines Co.,[8] Kite Pharmaceuticals, ZS Pharma, Esperion, Allakos Chemgenx, DeCode Calistoga, Aerie, Cymabay, Tyra Biosciences,[13] DIspatchHealth and VIR Biotechnology.[4]
See also
[edit]References
[edit]- ^ "Daniel S. Janney - ALLK | Allakos Inc. - Wall Street Journal". www.wsj.com. Retrieved 2025-07-16.
- ^ "Dr. Peter Hudson "Pete"". Bloomberg. Retrieved July 16, 2025.
- ^ "Robert J More "Bob"". Bloomberg. Retrieved July 16, 2025.
- ^ a b "16 Top Biotech VC Firms 2025 | TRUiC". startupsavant.com. 2024-07-02. Retrieved 2025-07-15.
- ^ "Guy Nohra, Alta Life Sciences: "Barcelona has world-class science that needs to be invested in"". catalonia.com. Retrieved 2025-07-17.
- ^ "Alta Life Sciences Portfolio Investments, Alta Life Sciences Funds, Alta Life Sciences Exits". www.cbinsights.com. Retrieved 2025-07-17.
- ^ a b Hale, Conor (2018-06-13). "Alta raises $130M for its new biotech VC fund, missing its $200M goal | Fierce Biotech". www.fiercebiotech.com. Retrieved 2025-07-17.
- ^ a b Writer, Staff (2000-06-01). "Alta Launches Two New Funds -". Venture Capital Journal. Retrieved 2025-07-17.
- ^ Archives, L. A. Times (2004-03-31). "Alta Partners Healthcare Funds Exceed Targets". Los Angeles Times. Retrieved 2025-07-17.
- ^ "Alta Partners, LLC v. BRC Inc". Justia Dockets & Filings. Retrieved 2025-07-15.
- ^ a b "BRC Settles Lawsuit with Alta Partners". TipRanks. June 20, 2025. Retrieved 2025-07-15.
- ^ "TANG CAPITAL PARTNERS LP v. BRC INC (2024)". Findlaw. Retrieved 2025-07-15.
- ^ "Carlsbad's Tyra Biosciences nets $50 million to combat drug resistance in cancer therapies". San Diego Union-Tribune. 2020-01-21. Retrieved 2020-04-23.
External links
[edit]- Alta Partners (company website)