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Seed and early-stage investments in biopharmaceutical companies1-10 Employees
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Seed and early-stage investments in biopharmaceutical companies
Toucan Capital is a venture capital and private equity firm, headquartered in Bethesda, MD, making seed and early-stage investments in biopharmaceutical companies. The firm was founded in 1998 by Robert F. Hemphill Jr. and Linda F. Powers.

Over its tenure, Toucan has operated three funds:
- Toucan Capital Fund I, L.P. : $ 60 million (est. 1998)
- Toucan Capital Fund II, L.P. : $140 million (est. 2001)
- Toucan Capital Fund III, L.P. : $160 million (est. 2011)
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