Investments
59Portfolio Exits
11Funds
1About Kearny Venture Partners
Kearny Venture Partners is a venture capital and incubation firm based in San Francisco, California that aims to invest across a range of company stages including seed, early, mid, and later stage investments. Kearny's investment focus is on the healthcare sector and typically invests between $2 and $8 million to start with the aim of investing $10 to $15 million per portfolio company over the life of the company.

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Latest Kearny Venture Partners News
Apr 23, 2014
Chromatin closes series E financing Aerpio Therapeutics, Inc. , a clinical-stage biopharmaceutical company focused on advancing innovative therapies for vascular diseases, today announced that it closed a $22M financing round led by new investor OrbiMed, with existing investors Novartis Venture Funds, Satter Investment Management, Kearny Venture Partners, Venture Investors, Triathlon Medical Ventures and Athenian Venture Partners. Proceeds will support expanded development of AKB-9778, a small molecule activator of Tie2, currently in a Phase 2 trial for the treatment of diabetic macular edema (DME), and the advancement of AKB-4924, a small-molecule HIF1 activator, into clinical development for inflammatory bowel disease (IBD). Chau Q. Khuong, Private Equity Partner at OrbiMed, will join Aerpio’s Board of Directors. "Aerpio's unique approach to activating Tie2 with AKB-9778 has demonstrated safety and efficacy in early clinical trials and holds great promise for treatment of DME and other retinal diseases, as well as unmet needs outside of ophthalmology,” said Mr. Khuong. “OrbiMed is pleased to support the expanded development of AKB-9778, as well as the Company’s promising HIF1 activator program. " "OrbiMed has an impressive track record of supporting both public and private companies as they bring innovative new medicines to market, and we are excited to have them join our investor syndicate," stated Joseph Gardner, PhD, President and CEO of Aerpio. Aerpio recently initiated a randomized, double-masked, double dummy, Phase 2 study designed to assess the safety and efficacy of AKB-9778 administered over three months as monotherapy and as an adjunct with ranibizumab in subjects with DME. The primary endpoints of the study are change from baseline in visual acuity and change from baseline in central retinal thickness. Additionally, Aerpio is prioritizing further therapeutic opportunities for AKB-9778 and expects to initiate development in a second target indication before year end. With this financing, Aerpio will also progress a second pipeline candidate, AKB-4924, and activator of HIF1, into clinical development. HIF1 is critical for the regulation of innate immune responses and maintenance of epithelial barrier function, particularly in the gut and skin. HIF1 activators represent a promising new class of drugs with potential for potent and specific modulation of innate immunity. AKB-4924 has demonstrated robust activity in preclinical models of ulcerative colitis and Crohn's disease. About AKB-9778 AKB‐9778 is a first-in-class small molecule that works by inhibiting the human protein tyrosine phosphatase β (HPTPβ) enzyme, which acts as a negative regulator of the Tie2 receptor. By inhibiting this negative regulator, Tie2 signaling is restored, overcoming the effects of the Ang2‐induced vascular destabilization. Aerpio is currently focusing development of its lead candidate, AKB‐9778, in diabetic macular edema (DME), however, Tie2 activators have potential utility in a range of important clinical indications. In a Phase 1b/2a study in DME patients, AKB-9778 was well tolerated throughout 28 days of dosing, with evidence of disease improvement in some patients. A Phase 2 study to confirm efficacy of AKB-9778 alone and in combination with ranibizumab in patients with DME is currently ongoing. About Aerpio Therapeutics Aerpio Therapeutics, Inc. is a clinical‐stage biopharmaceutical company focused on advancing innovative therapies for vascular diseases. Aerpio is a leader in the development of small molecule drugs based on Tie2 activation and the stabilization of hypoxia-inducible factor 1α (HIF‐1α). The Company’s lead program, AKB‐9778, is a first‐in‐class stabilizer of the Tie2 pathway and is in clinical development for diabetic macular edema. More information is available at www.aerpio.com . About OrbiMed OrbiMed is a leading investment firm dedicated exclusively to the healthcare sector with approximately $10 billion in assets under management. OrbiMed invests globally across the spectrum of healthcare companies on a worldwide basis, from venture capital start-ups to large multinational companies. OrbiMed's team includes over 60 experienced professionals with offices in New York, San Francisco, Shanghai, Mumbai and Herzliya. OrbiMed manages a series of private equity funds, public equity funds, royalty and debt funds, and other investment vehicles. Aerpio Therapeutics, Inc.
Kearny Venture Partners Investments
59 Investments
Kearny Venture Partners has made 59 investments. Their latest investment was in PROCEPT BioRobotics as part of their Series G on June 6, 2021.

Kearny Venture Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/17/2021 | Series G | PROCEPT BioRobotics | $85M | No | 6 | |
12/22/2020 | Unattributed VC - III | Episode Solutions | $1.62M | No | 1 | |
10/23/2020 | Unattributed VC - II | Colors Living Produce | $5M | No | 1 | |
8/14/2020 | Series F | |||||
6/8/2020 | Unattributed VC |
Date | 6/17/2021 | 12/22/2020 | 10/23/2020 | 8/14/2020 | 6/8/2020 |
---|---|---|---|---|---|
Round | Series G | Unattributed VC - III | Unattributed VC - II | Series F | Unattributed VC |
Company | PROCEPT BioRobotics | Episode Solutions | Colors Living Produce | ||
Amount | $85M | $1.62M | $5M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 6 | 1 | 1 |
Kearny Venture Partners Portfolio Exits
11 Portfolio Exits
Kearny Venture Partners has 11 portfolio exits. Their latest portfolio exit was PROCEPT BioRobotics on September 15, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
9/15/2021 | IPO | Public | 3 | ||
6/30/2021 | IPO | Public | 12 | ||
1/16/2019 | Acquired | 1 | |||
Date | 9/15/2021 | 6/30/2021 | 1/16/2019 | ||
---|---|---|---|---|---|
Exit | IPO | IPO | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 3 | 12 | 1 |
Kearny Venture Partners Fund History
1 Fund History
Kearny Venture Partners has 1 fund, including Kearny Venture Partners LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/31/2008 | Kearny Venture Partners LP | Early-Stage Venture Capital | Closed | $100M | 1 |
Closing Date | 3/31/2008 |
---|---|
Fund | Kearny Venture Partners LP |
Fund Type | Early-Stage Venture Capital |
Status | Closed |
Amount | $100M |
Sources | 1 |
Kearny Venture Partners Team
4 Team Members
Kearny Venture Partners has 4 team members, including current Chief Financial Officer, Andrew I. Jensen.
Name | Work History | Title | Status |
---|---|---|---|
Andrew I. Jensen | Gryphon Investors, Sanderling Ventures, and Andersen | Chief Financial Officer | Current |
Name | Andrew I. Jensen | |||
---|---|---|---|---|
Work History | Gryphon Investors, Sanderling Ventures, and Andersen | |||
Title | Chief Financial Officer | |||
Status | Current |