Investment Criteria
Aurora prefers to make its initial investments in companies that meet the following criteria:
Geography
Southeastern and Mid-Atlantic United States
Industries
Life Sciences
- Biotechnology
- Medical Devices
- Therapeutics
- Healthcare Services
Information Technology
- Emerging Technologies
- Internet, Software
- Semiconductors
- Data Communications
Stage
Seed and Series A; pre-product through early stage revenue
Transaction Size
$50,000 - $2,000,000 for initial investment. Aurora reserves capital for follow-on investments and has an average total investment per portfolio company of $3,000,000 - $6,000,000
Control
Aurora prefers to be the lead or co-lead investor and have a board seat.
Submitting a Plan