News: Novitas Capital

PA Early Stage III Announces Final Close at $86 million Close of Third Fund Brings Total Under Management to $237.5 Million

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About PA Early Stage Partners

Founded in 1997, PA Early Stage Partners is an experienced venture capital fund that seeks portfolio companies located in the corridor from New York to Washington, D.C., with a primary focus on companies located in Pennsylvania. PA Early Stage invests in early stage technology and life sciences companies, typically as a lead or co-lead investor. The Fund also has a strategic relationship with the Pittsburgh Life Sciences Greenhouse (www.plsg.com) through which the fund will focus on Pittsburgh-based life sciences investments. PA Early Stage currently has approximately 30 active portfolio companies and $237.5 million under management across three venture funds. The fund can be found on the Web at www.paearlystage.com.