Sibling Capital Announces New Fund In Southern California

Sibling Capital, a brand new venture capital based in Rancho Santa Fe, said this week that it has formed to invest in the areas of chemistry, medicine and material sciences. The new fund said it made its first investment, part of an $80M investment in biopharmaceuticals firm Relypsa. Size of the new fund was not announced. Sibling Capital said its fund comes from a variety of high net worth individual investors, including Jim Givan. Sibling's co-founders are Dr. Sandra Coufal and Brian Isern. The firm joins OrbiMed Advisors, 5AM Ventures, New Leaf Venture Partners, Sprout Group, Delphi Ventures and Mediphase Venture Partners in the Relpysa financing deal. More information »