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Jate Samathivathanachai

Chief Business and Financial Officer at Foundery Innovations

San Francisco Bay Area

Overview 

Jate Samathivathanachai is a Strategic & Operational Finance professional currently serving as the Chief Business and Financial Officer at Foundery Innovations, Inc. With a background in Venture Capital, M&A, and Licensing, Jate has held leadership roles in companies like Tranquis Therapeutics, Inc. and has experience in global healthcare M&A advisory at Evercore Partners. Highlights of Jate's career include his role as Vice President at Tranquis Therapeutics, Inc., overseeing finance and corporate development, and his experience as an Executive Director of Corporate Strategy & Investments at Allswell Trading | Red Bull Singapore, demonstrating a strong track record in financial management and strategic decision-making.

Work Experience 

  • Chief Business and Financial Officer

    2022 - Current

    Foundery is a venture studio fund focused on investing in first-in-class immunotherapies sourced from premier research universities. Foundery validates and develops early drug concepts in wholly-owned labs with in-house scientists to generate advanced development candidate (DC) packages in collaboration with university investigators. NewCos are built around DCs and sold to biopharma partners for downstream clinical development.

Foundery Innovations is a immunotherapy venture studio.

  • Investor

    2020

    Life Science Angels (LSA) is a not-for-profit corporation with 130-150 accredited investor members and 12-18 highly qualified fellows. LSA has invested >$60M in over 100 startups in the biopharma, medical device, diagnostics and digital health sectors. Companies seeking funding are encouraged to apply via www.lifescienceangels.com/apply-for-funding. Investments: - Avisi Technologies - Celldom - InnoSIGN - Noctrix Health - Pelvital - Renata Medical - Saccharo - TRIO Pharmaceuticals - VisiCELL Medical

  • Investor

    2020

    Hyphen Capital is a syndicate of accredited angel investors which invests in multi-stage companies started by Asian American and Pacific Islander founders. Investments: - Arc - Baobab Studios - Canopy - Concha Labs - Dang Foods - Elation Health - Hero Bread - Homecourt - Italic - Mascot - Mayvenn - Prime Roots - Pry Financials - Rocket Dollar - SafeBase - Slope - Snapcommerce - Unit21 - Yumi

  • Investor

    2020

    The Berkeley Angel Network (BAN) is a group of angel investors who are alumni, faculty and former faculty of UC Berkeley. Companies seeking funding may refer to the following process document: https://berkeleyangelnetwork.com/wp-content/uploads/2017/08/BAN-Berkeley-Angel-Network-Application-Process-20150409-GAW.pdf Investments: - Nalu Bio - Noninvasix - Sensorygen

Berkeley Angel Network is a venture capital and private equity firm that specializes in the fields of finance and investment management.

  • Vice President, Head of Finance and Corporate Development

    2022 - 2022

    Tranquis is an SR One/Remiges/Vivo backed clinical-stage biopharmaceutical company developing a portfolio of small molecule therapeutics based on its unique approach of reprogramming dysfunctional myeloid immune cells to restore normal cell homeostasis and function.

Tranquis Therapeutics is focused on the discovery and development of therapies to treat neurodegenerative and aging-related diseases.

Raised $30,000,000.00 from Correlation Ventures, Vivo Capital, Remiges Ventures, SR One and Hillsborough Venture.

  • Senior Director, Business Development, Licensing and M&A

    2019 - 2022

    Horizon was a global biotechnology company focused on the discovery, development and commercialization of medicines that address critical needs for people impacted by rare, autoimmune and severe inflammatory diseases. Amgen completed its $27.8B acquisition of Horizon in October 2023.

Horizon Therapeutics focuses on the development of prescription drugs for mild to moderate pain relief and arthritis.

Raised $4,458,516,447.00 from Cowen Group, Deerfield, Citigroup Global Markets, Silicon Valley Bank, Oxford Finance LLC and Kreos Capital.

  • Angel Investor

    2012 - 2022

    Selected Investments: - Blueberry Pediatrics - LB Pharmaceuticals - Root Applied Science - Sushiritto | Mochiko Mochi Pizza - TauRx Therapeutics - Vanity | Suite26

  • Country Head

    2015 - 2019

    Allexcel is the exclusive marketer and master distributor of Red Bull Energy Drink (Asian SKUs) in Malaysia.

  • Executive Director, Corporate Strategy & Investments

    2012 - 2015

    Allswell is the exclusive marketer and master distributor of Red Bull Energy Drink (Asian SKUs) in Singapore and Brunei.

  • Vice President, Global Healthcare M&A Advisory

    2010 - 2012

    Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. The Firm dedicated to helping its clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors.

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