TrackX is a Triangle biotech startup with ties to Duke that has a fluoroscopy (orthopedic/heart/intestine x-rays) tool that provides a real-time view of x-ray procedures that improves accuracy and decreasing number of x-rays needed by 75%. TrackX is led by a serial entrepreneur.
The Triangle Tweener Fund strategy is to build an index – smaller investments in a relatively large number of companies. At the current fund size this translates to 10-15 investments a quarter, or 40-60 a year. If you’ve been involved with traditional venture funds (picking winners) this pace seems impossible. Trust us, it’s not easy, but it’s definitely possible and the opportunity is there.
