February 15, 2024 • 76 mins
Today, we are joined by Tej Panesar. Tej is a Partner at Prism Ventures, the UK-based institutional investor focused on the life sciences and healthcare sectors.
Prism invests in the best-of-breed funds managed in the US, UK, and Europe through fund of funds and co-investment programs. He previously worked as an Investment Director at British Patient Capital, a UK government-backed institution very similar to the EIF and one of the largest investors in UK venture capital.
With +425M pounds invested in the UK and Europe, Tej led investments into famed firms like IQ Capital and SV Health. Tej and his team have a wide lens across the life sciences and healthcare industries but a strong focus on traditional biopharma and areas like tech bio.
Go to eu.vc for our core learnings and the full video interview 👀
Chapters:
00:00:00 - Introduction about Prism Ventures
00:03:55 - From Crowdfund Platforms to Venture Capital
00:11:09 - LP Perspective on High-Tech Work
00:14:50 - The Non-Binary Nature of the Life Sciences Sector
00:18:34 - The Exciting Opportunities in Biotechnology and Healthcare
00:26:28 - Adoption Challenges in the Health Sector
00:30:23 - The Value Equation of Learning Technologies
00:34:01 - Symbiotic Approaches in Life Sciences
00:37:50 - Focus on Life Science and Healthcare
00:41:36 - Investing in Europe vs the US
00:45:18 - Portfolio Construction and Diversification
00:49:18 - Building a Long-Term Institution
00:53:04 - Diversity and Culture in VC Firms
00:56:50 - Evaluating Team Culture and Portfolio Construction
01:00:29 - The Importance of a Viable Business Plan
01:04:04 - Scaling the Fund Size
01:07:48 - Investing as a Team
Prism invests in the best-of-breed funds managed in the US, UK, and Europe through fund of funds and co-investment programs. He previously worked as an Investment Director at British Patient Capital, a UK government-backed institution very similar to the EIF and one of the largest investors in UK venture capital.
With +425M pounds invested in the UK and Europe, Tej led investments into famed firms like IQ Capital and SV Health. Tej and his team have a wide lens across the life sciences and healthcare industries but a strong focus on traditional biopharma and areas like tech bio.
Go to eu.vc for our core learnings and the full video interview 👀
Chapters:
00:00:00 - Introduction about Prism Ventures
00:03:55 - From Crowdfund Platforms to Venture Capital
00:11:09 - LP Perspective on High-Tech Work
00:14:50 - The Non-Binary Nature of the Life Sciences Sector
00:18:34 - The Exciting Opportunities in Biotechnology and Healthcare
00:26:28 - Adoption Challenges in the Health Sector
00:30:23 - The Value Equation of Learning Technologies
00:34:01 - Symbiotic Approaches in Life Sciences
00:37:50 - Focus on Life Science and Healthcare
00:41:36 - Investing in Europe vs the US
00:45:18 - Portfolio Construction and Diversification
00:49:18 - Building a Long-Term Institution
00:53:04 - Diversity and Culture in VC Firms
00:56:50 - Evaluating Team Culture and Portfolio Construction
01:00:29 - The Importance of a Viable Business Plan
01:04:04 - Scaling the Fund Size
01:07:48 - Investing as a Team
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Death, Sex & Money
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.