*********************************
There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
*********************************
Backed by investors with up to $500 million in capital, Atlanta-based Medtown Ventures LLC aims to grow the next generation of life sciences companies.
Medtown, which invests in medical devices, biotech and health IT entrepreneurs, delivers two critical startup ingredients — capital and brainpower. The financial company syndicates up to $5 million in individual deals. It also installs a “temporary S.W.A.T. team” of operators who help the founder — typically a Ph.D. or scientist — take the promising technology to market. The result: startups are more likely to achieve development milestones, secure later-stage funding and become sustainable.