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T.Rx Capital

T.Rx Capital was formed by a quartet of scientist-operators who bridge academic research, Big Pharma dealmaking, and startup creation.

T.Rx Capital

T.Rx Capital was formed by a quartet of scientist-operators who bridge academic research, Big Pharma dealmaking, and startup creation. Executive Chairman Robert Langer has co-founded more than 40 biotech companies, including Moderna and Alnylam. Managing Partner Kwesi Frimpong-Boateng arrived from the immunology strategy group at Eli Lilly, where he executed licensing deals with Sitryx and Rigel. Corey McCann built and took Pear Therapeutics public as the first FDA-approved digital-therapeutics company. Michael Langer complements the trio with a venture track record from his prior firm, Old Silver VC, and operating experience at Pear. The firm runs out of Boston, positioning it squarely within the Cambridge-MIT biotech corridor. The firm deploys capital exclusively at the seed stage, targeting companies at the intersection of technology and biology. Its strategy spans novel drug modalities, medical devices, diagnostics, and healthcare software. T.Rx Capital announced the close of its inaugural fund, T.Rx Fund 1, a vehicle designed to back founders reimagining healthcare delivery and therapeutic development. Confirmed portfolio companies include Recuro, an integrated digital-health platform, Zus, a health-data interoperability company, and a stealth-stage radiopharmaceuticals firm. The team also founded a NewCo targeting intractable pain conditions. The geographic focus draws from the US biotech hubs, with Principal Pranav Seshadri additionally maintaining a board role at the Sena Institute of Technology Foundation in Ghana, which hints at an emerging cross-border scientific network. The team lists nine named professionals, including Venture Partners Dr. Liz Kwo, who serves on the board of Walmart Mexico and Central America, and Dr. Debbie Lin, concurrently VP at Caris Life Sciences. An advisory board stacks former Pfizer Chief Medical Officer Freda Lewis-Hall, Third Rock Ventures founder Mark Levin, Boston Scientific co-founder John Abele, and former Biogen R&D head Alfred Sandrock. The firm maintains a fractional operating model for non-investment roles — Dan O'Neill serves as Fractional COO while running his own IT services firm. In mid-2026, T.Rx Capital lists T.Rx Fund 1 as closed and actively deploying into early-stage healthcare, though the firm does not disclose fund size or total AUM. T.Rx Capital's structural edge lies in combining a principal who holds the highest H-index of any engineer in history (Robert Langer) with partners who have operated at both venture capital firms and operating companies. The Langer lab at MIT — the world's largest biomedical engineering lab — provides a proprietary origination funnel that few other seed-stage healthcare managers can replicate. The advisory board includes the former Chief Counsel of the FDA, the founder of Third Rock Ventures and an original co-inventor of the drug-eluting stent. That constellation positions the firm to diligence, de-risk, and champion regulatory-sensitive therapeutics companies from the earliest formation stage.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Boston

Corporate office

Boston, MA, United States

Principals

Dr. Robert Langer ScD

Executive Chairman & Chair of Scientific Advisory Board

Dr. Kwesi Frimpong-Boateng PhD, MBA

Co-founder & Managing Partner

Michael Langer

Co-founder & Managing Partner

Dr. Corey McCann MD, PhD

Co-founder & Managing Partner

Dr. Liz Kwo MD, MBA, MPH

Venture Partner

Dr. Debbie W. Lin PhD

Venture Partner

Dan O'Neill

Fractional COO

Sector focus

BiotechHealthcare ServicesDigital HealthMedTech

Frequently asked questions

Who runs investment decisions at T.Rx Capital?

The four Co-Founding Managing Partners — Dr. Robert Langer (Executive Chairman), Dr. Kwesi Frimpong-Boateng, Michael Langer, and Dr. Corey McCann — collectively lead investment decisions. Venture Partners Dr. Liz Kwo and Dr. Debbie Lin contribute deal sourcing and diligence support. The advisory board, which includes Third Rock Ventures founder Mark Levin and former Pfizer Chief Medical Officer Freda Lewis-Hall, provides scientific and strategic counsel on opportunities.

How does T.Rx Capital source proprietary deal flow?

The firm's primary sourcing advantage flows from Executive Chairman Robert Langer's MIT laboratory, the largest biomedical engineering lab in the world with over 100 researchers and $17 million in annual grants. His network of 1,500 patents licensed to more than 400 companies, plus the other partners' relationships across Eli Lilly, Pear Therapeutics and McKinsey, creates an early-stage healthcare pipeline that is difficult for generalist seed funds to replicate.

Is T.Rx Capital structured as a single family office or a traditional venture firm?

T.Rx Capital is structured as a private equity firm managing T.Rx Fund 1, a closed early-stage healthcare fund. It is not a family office. Michael Langer previously operated Old Silver VC, a family investment firm focused on healthcare and deeptech, but T.Rx Capital is a distinct, fund-based manager with external limited partners.

Does T.Rx Capital participate in fund commitments or only direct deals?

The firm makes direct investments into early-stage healthcare companies. There is no disclosed fund-of-funds program or limited partner commitment strategy. The team's prior experience at venture funds and corporate venture arms suggests a pure direct-investment model.

What investment stages does T.Rx Capital typically target?

T.Rx Capital targets the seed stage exclusively, often acting as a company's first or earliest institutional investor. The firm has created at least one NewCo internally — a stealth company addressing intractable pain — indicating a willingness to incubate companies from inception rather than waiting for a formed startup.

Which sectors does T.Rx Capital explicitly avoid?

T.Rx Capital does not publish an explicit exclusion list. Given its exclusive focus on healthcare, the firm implicitly avoids consumer, enterprise software, industrials, and other non-health verticals. Within healthcare, the disclosed portfolio — Recuro, Zus, a radiopharmaceuticals company, and a pain NewCo — signals conviction across biotech, digital health, and medtech without an obvious avoidance of any subsector.

Does T.Rx Capital maintain philanthropic structures, and how are they separated?

Principal Michael Langer serves as Senior Advisor of Special Projects at the Galenus Foundation and sits on the board of the Terasaki Institute for Biomedical Innovation. Analyst Pranav Seshadri holds board and strategy roles at the Sena Institute of Technology Foundation and Solvandria Foundation. These are personal affiliations, not firm vehicles. T.Rx Capital itself does not disclose a foundation or grantmaking arm.

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