vcvibes

Sandbox Industries

Sandbox Clinical Ventures Fund, LP

Open, writing first checks

Open: first sale Oct 2023, per Form D (fund age approximates vintage)

Vintage
2023
Fund size
$79.5M to $100M (Form D)
Stages
Not stated
Sectors
Healthtech, Medical devices
Regions
Not stated

01 · Thesis

Sandbox Industries backs startups in regulated industries where adoption is hard, bringing incumbents and entrepreneurs together to turn promising technology into signed contracts and adopted solutions across healthcare, clinical, and insurtech.Inferred from the firm's website

02 · Initial check

$795K to $1.67M (estimated from fund size)

Estimated from Form D: $79.5M sold of a $100M target

03 · Who to approach

Named on this fund's Form D

  • Emir Sandhu, Managing Member of the General Partner
  • Thomas Hawes, Managing Member of the General Partner
  • Matt Downs, Co-CEO and Managing Partner

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideSandbox brings incumbents and entrepreneurs to the same table, turning promising technology into signed contracts and adopted solutions.

    Sandbox brings incumbents and entrepreneurs to the same table, turning promising technology into signed contracts and adopted solutions.
    https://www.sandboxindustries.com/

06 · Sources

  1. https://www.sandboxindustries.com/
  2. https://www.sec.gov/Archives/edgar/data/1991620/000199162026000001/

Last verified: Oct 28, 2026