Initiate Ventures Launch
Jessica Owens and Iana Dimkova, co-founders of Initiate Ventures, are launching a healthcare-focused firm with a $45 million debut fund. They aim to invest in early-stage tech and life sciences startups while also incubating new companies in-house. Dimkova cites successful models like Flagship Pioneering as inspiration. The firm plans to invest between $500,000 and $3 million in existing companies, while also founding new startups, with both founders taking interim CEO roles. Initiate has already established five startups, including Persana and Macro Trials, with further stealth projects underway.