Rady Venture Fund is an evergreen fund. It specializes to invest in seed-to-early stage companies. It seeks to invest in life sciences and biotech including medical devices, instrumentation and diagnostics; high-tech; information technology; communication; water purification; and clean technology sectors. The fund prefers to invest in companies
based in San Diego or Southern California. It makes equity investments ranging between $75,000 and $0.15 million. The fund prefers to invest in equity or provide debt financing, mostly in the form of convertible debt.