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Nest.Bio Ventures
Weis and his partners — Cheryl Cui, Hingge Hsu, and Daphne Teo with venture partners Xi Chen, Steven Landau, and Jeffrey Lu — founded Nest.Bio in 2018.
Nest.Bio Ventures
Weis and his partners — Cheryl Cui, Hingge Hsu, and Daphne Teo with venture partners Xi Chen, Steven Landau, and Jeffrey Lu — founded Nest.Bio in 2018. The firm operates from Cambridge, Massachusetts, the densest biotechnology cluster in the United States. Unlike most venture franchises that raise blind-pool funds and source deals through networks, Nest.Bio builds its pipeline by offering private wet-lab and office space to therapeutics startups, then selecting residents for direct investment. Nest.Bio targets therapeutics companies at seed, start-up, and expansion stages. It invests from a dedicated venture vehicle while Hatch.Bio Labs, its sister real-asset entity, leases shared and private labs in Kendall Square. The structure gives Nest.Bio early visibility into tenant progress — burn rates, hiring velocity, assay data — before making funding decisions. The resident and graduate community has grown past 50 companies and created more than 1,000 local jobs; alumni collectively hold over $7 billion in market capitalization. The firm's website flags a team background spanning machine learning, immunotherapy, and synthetic biology, suggesting active coverage of tech-bio and precision-medicine disciplines. Nest.Bio does not publicly disclose assets under management or total capital deployed. Its website highlights a dual operating-company and investment-vehicle architecture, with Hatch.Bio Labs serving as the lab-operations entity under the same Partner group. The team lists four partners, three venture partners, and one advisor — a lean structure consistent with an operator-heavy model that sources investments through tenancy rather than traditional fund-raising roadshows. Daphne Teo also serves as CEO of NSG BioLabs, a Singapore-based co-working lab platform, hinting at a potential parallel model in Asia. Nest.Bio's structural differentiator is the fusion of a real-estate operating business with a venture portfolio: it collects lab rent while earning equity upside from the same tenants. That hybrid design gives it a proprietary sourcing lane that pure financial venture firms cannot replicate without building physical infrastructure, and it concentrates the partnership's time on companies they can observe day to day rather than on external deal origination.
General information
Firm type
Private Equity
Year founded
2018
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Cambridge
Corporate office
Cambridge, MA, United States
Principals
James Weis
Partner, CEO Nest.Bio Labs and Hatch.Bio Labs
Cheryl Cui
Partner
Hingge Hsu
Partner
Daphne Teo
Partner, CEO NSG BioLabs
Xi Chen
Venture Partner
Steven Landau
Venture Partner
Jeffrey Lu
Venture Partner
Tim Lu
Advisor
Sector focus
Frequently asked questions
Who runs investment decisions at Nest.Bio?
The investment team is led by founding partners James Weis, Cheryl Cui, and Hingge Hsu, alongside Daphne Teo. They are supported by venture partners Xi Chen, Steven Landau, and Jeffrey Lu. The partnership operates with a lean, operator-heavy structure that integrates lab tenancy oversight with venture funding decisions.
How does Nest.Bio source its deals?
Nest.Bio originates investments primarily from the startups that lease lab and office space in its Hatch.Bio Labs facility in Kendall Square. By housing companies on-site, the partnership gains early, direct insight into technical progress and operational execution before committing capital — a sourcing model distinct from traditional network-based venture deal flow.
Is Nest.Bio a venture firm or a lab operator?
It is both. The firm runs a venture capital arm that invests in therapeutics startups, while its sister entity Hatch.Bio Labs provides shared and private lab infrastructure under flexible lease terms. The combined model means Nest.Bio acts as landlord, incubator, and investor to its resident companies.
What stages and sectors does Nest.Bio target?
Nest.Bio invests from seed through late-stage expansion in the therapeutics sector. The team's stated expertise encompasses machine learning, immunotherapy, and synthetic biology, indicating a focus on tech-enabled drug discovery and development platforms within the broader biotech landscape.
Does Nest.Bio disclose its assets under management?
No. The firm does not publish an AUM figure or a total capital-deployment number. Institutional allocators evaluating Nest.Bio should expect to request this data directly during diligence, as no third-party estimate is currently available.
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