Alta Partners

Last updated
Alta Partners
Company type Private ownership
Industry Private equity
Predecessor Burr, Egan, Deleage & Co.
Founded1996
Founder
Headquarters One Embarcadero Center
San Francisco, California, United States
Key people
  • Daniel S. (Dan) Janney,
    managing partner [1]
  • Peter (Pete) Hudson,
    managing partner [2]
  • Robert J. (Bob) More,
    managing partner [3]
Products Venture capital
Website www.altapartners.com

Alta Partners is a venture capital firm based in San Francisco which invests primarily in biotechnology and life science companies. [4]

Contents

Cofounder Guy Nohra later relocated in Barcelona, Spain, to cofound Alta Life Sciences [5] in 2016. [6]

History

Dan Janney joined Alta as a partner in 1996, when the firm was founded; Pete Hudson and Bob More joined in 2017. [7]

In 2000, the firm launched two VC funds, Alta California Partners III and Alta BioPharma Partners II. [8] It raised its ninth fund, Alta Partners NextGen Fund I, in 2017. [7] Two new healthcare VC funds were launched in 2004: Alta BioPharma Partners III and ACP IV. [9]

In May 2022, the company filed a lawsuit against BRC Inc. [10] (NYSE:BRCC), [11] the surviving entity of a 2021 merger between SilverBox Capital and Black Rifle Coffee [12] ) in the Southern District of New York, which alleging a breach of contract, and seeking damages due to BRC's refusal to allow Alta to exercise warrants in 2022. The suit was settled in June 2025, with Alta paying BRC $1,000,000, and BRC issuing 2,300,100 shares of its Class A common stock to Alta. [11]

Investments

Notable investments have included Ellie Mae, Be Inc., Ilex Oncology, Connects Corp, The Medicines Co., [8] Kite Pharmaceuticals, ZS Pharma, Esperion, Allakos Chemgenx, DeCode Calistoga, Aerie, Cymabay, Tyra Biosciences, [13] DIspatchHealth and VIR Biotechnology. [4]

See also

References

  1. "Daniel S. Janney - ALLK | Allakos Inc. - Wall Street Journal". www.wsj.com. Retrieved 2025-07-16.
  2. "Dr. Peter Hudson "Pete"". Bloomberg. Retrieved July 16, 2025.
  3. "Robert J More "Bob"". Bloomberg. Retrieved July 16, 2025.
  4. 1 2 "16 Top Biotech VC Firms 2025 | TRUiC". startupsavant.com. 2024-07-02. Retrieved 2025-07-15.
  5. "Guy Nohra, Alta Life Sciences: "Barcelona has world-class science that needs to be invested in"". catalonia.com. Retrieved 2025-07-17.
  6. "Alta Life Sciences Portfolio Investments, Alta Life Sciences Funds, Alta Life Sciences Exits". www.cbinsights.com. Retrieved 2025-07-17.
  7. 1 2 Hale, Conor (2018-06-13). "Alta raises $130M for its new biotech VC fund, missing its $200M goal | Fierce Biotech". www.fiercebiotech.com. Retrieved 2025-07-17.
  8. 1 2 Writer, Staff (2000-06-01). "Alta Launches Two New Funds -". Venture Capital Journal. Retrieved 2025-07-17.
  9. Archives, L. A. Times (2004-03-31). "Alta Partners Healthcare Funds Exceed Targets". Los Angeles Times. Retrieved 2025-07-17.
  10. "Alta Partners, LLC v. BRC Inc". Justia Dockets & Filings. Retrieved 2025-07-15.
  11. 1 2 "BRC Settles Lawsuit with Alta Partners". TipRanks. June 20, 2025. Retrieved 2025-07-15.
  12. "TANG CAPITAL PARTNERS LP v. BRC INC (2024)". Findlaw. Retrieved 2025-07-15.
  13. "Carlsbad's Tyra Biosciences nets $50 million to combat drug resistance in cancer therapies". San Diego Union-Tribune. 2020-01-21. Retrieved 2020-04-23.