LongeVC is a $35 million early stage investment fund based in Riga, Latvia established by partners Ilya Suharenko, Garri Zmudze and Sergey Jakimov. All have private investing experience in biotech ventures and have invested in Insilico Medicine.
“We’re combining academic knowledge and market knowledge so that when we look at these early stage ventures, we understand if the science makes sense, and whether the industry will be looking that way in five or ten years,” says Sergey Jakimov. “Are they doing something disruptive? Are they providing a substantial innovative step?”
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