Spruce Capital Partners (Life Sciences)
Venture capital firm founded in 2013 that creates, advises and invests in life sciences companies across agriculture, nutrition and industrial applications.
Spruce Capital Partners is a venture capital firm founded in 2013 that creates, advises and invests in life sciences companies. Its mandate spans the application of biological and advanced technologies to two broad objectives: improving human health and reducing environmental harm. The firm's activity concentrates on agriculture, nutrition and industrial life sciences, with related exposure to the food supply chain and health and wellness.
The firm operates through co-managed vehicles, including MLS Capital Fund II and the Malaysian Life Sciences Capital Fund. The latter gives Spruce a geographic presence in Malaysia alongside its base in the San Francisco area of the United States. Alongside capital deployment, the firm works with portfolio companies as an investment partner and describes a company-creation and advisory role in addition to conventional investing.
Named portfolio companies include Pivot Bio, Provivi, Amfora, Crop Enhancement and GreenLight Biosciences - a grouping weighted towards agricultural biotechnology and industrial applications of life science. Specific fund sizes, investment stages and typical check sizes are not disclosed.