Malin Corp invests in Hatteras Venture Partners and Jaan Health
Irish global life sciences company Malin Corp has agreed to invest $15 million in North Carolina-based Hatteras Venture Partners, a venture firm that focuses on early-stage companies in life sciences. The investment could hike up to $20 million "depending on a number of factors." Also, Malin has agreed to invest up to $1 million in New York-based healthcare mobile tech company Jaan Health. In addition to the investments, Malin CEO Adrian Howd will become the company's chief investment officer while remaining on the company's board of directors. And, Kelly Martin, who's currently on Malin's board of directors, will step into the Malin CEO position.
24 August 2015•5 mins read
