Green Park and Golf Ventures’ New Fund Targets $30M Goal

The investment firm has closed on a third of the $30-million follow-on investment fund.


A Dallas investment firm that focuses on funding medical technology companies will be investing millions in companies that are showcasing beneficial products and technologies in the health-care industry, according to D CEO Healthcare’s Olivia Nguyen.

Green Park and Golf Ventures has closed on a third of it’s $30 million follow-on investment fund, D CEO Healthcare reported. From a portfolio of 40 seed and startup investments, the group will choose a select group of companies to receive extra funding.

The firm hopes to bring about 15 to 20 new investments over the next four to five years, D CEO reported. The full follow-on fund should close by December.


The bulk GPG investments have gone to medical technology devices, founding partner Carl Soderstrom told MedCity News. Soderstrom also serves as the co-founder of health-care accelerator, Health Wildcatters.

GPG told D CEO, they are seeking companies that are “currently raising money to complete pivotal studies of safety and effectiveness.”

The follow-on will continue GPG’s commitment to its portfolio. 70 percent of GPG’s investees have received follow-on funding, according to MedCity News.

Dr. Clay Heighten, founding partner of GPG, told D CEO, the company has seen “very strong successes within our existing portfolio, and [is] eager to continue to expand and invest in our best performing healthcare startups.”

Dallas Innovates, every day

One quick signup, and you’ll be on the list.   
View previous emails.


R E A D   N E X T

  • Get your slice ready. Dallas companies Flite Golf and Century Golf have teamed up to bring gamification tech to golf ranges and golf entertainment venues—with help from Senior Advisor Ken May, former CEO of Topgolf, Drive Shack, and FedEx Office.

  • The Water Cooler at Pegasus Park—the largest shared nonprofit space in Texas — is a place designed to accelerate impact, together. From Big Thought to SVP Dallas to The Trust for Public Land, the 15 ‘exceptional nonprofits' were picked after an application process last summer. They’ll join Water Cooler's five founding tenants.

  • A new GolfTEC training center has opened in Southlake to help duffers straighten their slices and handle their hooks.  The new 2,900-square-foot facility features four indoor training bays powered by TECSwing, using Foresight Sports simulators for lessons, club fitting, and practice. Each training bay is equipped with OptiMotion, a motion tracking innovation that "sets a new standard for how golf swings are measured and the way golf instruction is delivered," according to the company. Put off by your putting? The facility also has an indoor putting green with lessons utilizing TECPutt, a motion technology that analyzes face angle, loft, and path…

  • Phil Mickelson Golf Mizzen+Main

    How did Phil Mickelson stay cool and make PGA history as the oldest player ever to win a major? HIs partnership with Dallas-based performance menswear brand Mizzen+Main was part of his game.

  • "It's not an idea—it's happening," says April Allen, president of the Southern Gateway Public Green Foundation. Southern Gateway Park will be an engineering marvel over I-35E, with five acres of wooded slopes, water features, rocky escarpments, a restaurant/retail complex hidden under a hilltop, and one of the most awesome kids' playgrounds in North Texas. But its greatest achievement may be to make Oak Cliff whole again—and to bring all of Dallas together.