Beginner's Mind
Discover the Secrets of Deep Tech Success with Christian Soschner
Discover the strategies and mindsets that transform cutting-edge deep tech ideas into thriving businesses. Christian Soschner delves into the world of deep tech, exploring how entrepreneurs and investors build value and navigate the unique challenges of breakthrough industries.
Each episode features candid conversations with top investors, industry disruptors, and insightful book reviews – dissecting the strategies behind success, observed through my lens, shaped by 35+ years of building organizations and insights from ultrarunning, chess, and martial arts.
Expect:
- Investor Insights: Learn from experts who fund innovation, identifying opportunities and mitigating risk.
- Entrepreneurial Journeys: Go behind-the-scenes with founders turning deep tech concepts into impactful companies.
- Relevant Book Reviews: Discover actionable wisdom from biographies, strategy guides, and thought-provoking reads.
- Focus on Impact: Understand the business models, investment strategies, and market trends that fuel deep tech's potential for real-world impact.
Whether you're building the next big thing, investing in it, or keen on understanding this transformative space, this podcast is your guide to success in the world of deep tech.
Join the community and shape the conversation: https://lsg2g.substack.com/
Beginner's Mind
#87: Tuvik Beker - How to Start a Life Science Company in Israel and Raise Capital in Silicon Valley
Fundraising in Israel and the United States – In this episode, I have a conversation with Tuvik Beker, CEO of Pangea Biomed, who has started, developed, and exited companies in the United States and Israel. Now he is developing Pangea Biomed to start the next revolution in precision oncology.
Tuvik Beker is a seasoned entrepreneur, an experienced executive, and a strong technical leader who spent the last twenty years building, scaling, and leading companies in the healthcare, financial, and aerospace domains.
Founded in 2018, Pangea Biomed is an Israeli biotech startup redefining cancer care. The company developed ENLIGHT – the world's most advanced multi-cancer, multi-therapy response predictor. By combining machine learning and deep RNA analysis, the company is mapping tumor molecular signatures to dynamically and adaptively personalize cancer care for a healthier world.
⭐In this episode, we talk about:
The Startup Ecosystem in Israel
Fundraising in the United States from 2000 to 2022
3 Success Secrets to Fundraising in the US
Precision Oncology
The Enlight Technology
Youtube
🎤 Quotes:
(11:58) “Nothing is Impossible"
(31:05) “The Abundance of Capital is one important factor. Another one is, how the area around Stanford University welcomes immigration and foreign innovation."
(35:33) “Many US Investors invest only in US companies”
(40:26) “"If you want to succeed in fundraising, you need to have a wide funnel. You need to start talking to many, many venture capitalists to close a round."
(44:21) “Be mentally ready to have 100 meetings or more to get the initial cheque.”
(50:30) "The most important thing to bear in mind is building honest relationships with venture capitalists."
(01:14:06) “Pangeas approach focuses on harnessing these expression abnormalities in order to attack cancer cells and spare normal healthy cells.”
🕛 Timestamps:
(00:00) Opening
(05:32) The Origin of Pangea Biomed
(07:45) The Startup Ecosystem in Israel
(10:16) Conversation Culture in Israeli Schools
(12:05) IDF: “Nothing is Impossible”
(13:55) Compulsory Military Service Contributes to the Success of the Startup Eco-System
(19:03) Founding a Start Up in Israel
(23:15) The Big StartUp Hubs in Israel
(25:16) StartUp Life in Tel Aviv
(28:00) StartUp Life in Palo Alto & Stanford
(30:52) The Role of Silicon Valley in Entrepreneurship and Venture Capital
(33:52) Fundraising in the United States from 2000 to 2022
(40:00) The 3 Success Secrets to Fundraising in the United States
(56:00) Search Strategies During Fundraising in 2022 – signal.nfx.com
(01:01:00) Recommendations when pitching US Investors
(01:07:52) Pangea’s Solution in Precision Oncology
(01:15:44) The Enlight Technology
(01:20:30) How Pangea Helps to Find the Right Patient Population for Clinical Trials in Oncology
(01:25:00) Pangea’s Collaboration Network
(01:34:00) Enlight – Matchmaking between Patient and the right drugs
(01:36:00) Pangea’s Business Model
(01:40:00) Pangea’s Development Team
(01:42:20) What is the next development step?
(01:44:58) Advice to first-time founders
Experts in Life Science
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