vcvibes

Pappas VenturesFirm match from fund name (lower confidence)

LeVert Ventures, LP

Open, writing first checks

Open: no first sale reported; age from Form D filed Feb 2024 (approximate)

Vintage
Unknown
Fund size
$50M (Form D)
Stages
Pre-seed, Seed, Growth
Sectors
Biotech, Medical devices
Regions
NC, Global

01 · Thesis

Pappas Capital invests in life science companies, including biotechnology, biopharmaceuticals, drug delivery and medical devices. It also funds translational life science technologies, with possible seed investments in start-ups, and backs next-generation life science companies from concept to commercialization.Inferred from the firm's website

02 · Initial check

$333K to $625K (estimated from fund size)

Estimated from Form D

03 · Who to approach

No partners identified yet.

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideThe Wake Forest Technology Development Program, also known as the Catalyst Fund, is a collaborative partnership between Wake Forest University Health Sciences and Pappas Capital. It funds translational life science technologies, with the possibility of seed investments in start-ups.

    The Catalyst Fund was launched with a $15 million commitment to support 25 to 30 novel technologies over a four- to five-year period.
    https://www.pappas-capital.com/wake-forest-innovation-catalyst-fund/
  • Firm-widePappas Capital invests exclusively in the life science sector, including biotechnology, biopharmaceuticals, drug delivery and medical devices.

    Pappas Capital invests exclusively in the life science sector
    https://www.pappas-capital.com/for-entrepreneurs/

06 · Sources

  1. https://www.pappas-capital.com/wake-forest-innovation-catalyst-fund/
  2. https://www.pappas-capital.com/for-entrepreneurs/
  3. https://www.sec.gov/Archives/edgar/data/1988092/000110465924028672/

Last verified: Oct 28, 2026