We are living in the century of biology, an incredibly dynamic period of innovation, where biologic insights and rapid advances in technology and data analytics are colliding to create an unprecedented positive impact on human health.
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We are living in the century of biology, an incredibly dynamic period of innovation, where biologic insights and rapid advances in technology and data analytics are colliding to create an unprecedented positive impact on human health.
Spanning all aspects of life sciences technology
Across the life sciences technology ecosystem
Bringing our combined strategic, operational and financing experiences
At all stages of development (public and private companies)
DA32 Life Science Tech is a Special Purpose Acquisition Corp (SPAC) dedicated to funding, building and catalyzing the most promising opportunities in life science tech.
Leveraging the complimentary capabilities of our founding sponsors Deerfield, ARCH Venture Partners and Section 32, our mission is to deliver investor returns while making a positive impact on human health and humanity.
Taken together, our Co-Sponsors, Directors, and Strategic Advisors bring a unique and unmatched combination of scientific expertise, accomplished investing, operational and company-building experience and extensive industry relationships to help guide private and public companies in delivering tangible improvements in health outcomes for individuals and society.
Managing Director, BlueStone Venture Partners;
Former President and CEO, Ventana Medical Systems
President, Chairman and CEO Quanterix;
Former President of Life Sciences and Technologies, PerkinElmer
CEO and Founder, BetterOmics;
Former Chief Technology Officer, Grail
Advising Partner, Summa Equity;
Former President, Life Sciences Group, Agilent
Co-founder, Executive Chairwoman, and
Former CEO, Veracyte
Managing Director, PS Capital Management GmbH;
Former CEO, Qiagen
Physician-in-Chief, EQRx; Former Chief Medical Officer,
Foundation Medicine; Thoracic Oncology Physician,
Memorial Sloan Kettering Cancer Center
Managing Partner, Section 32;
Former Chairman and CEO, Foundation Medicine
The life sciences market is experiencing rapid growth, creating a substantial market opportunity for life sciences technology companies. We believe the time is ripe for innovation and disruption by novel technologies in key areas including:
Scientific advances in diagnostics are driving-down costs and driving-up utility and ultimately delivering on the promise of better, more personalized care
Digitization of data, machine learning and AI, and mobile computing are converging in new and meaningful ways for patients, providers and payers to enable better decision making and enhanced care delivery
Breakthroughs in biology, genomics and proteomics, automation, digitization, optics and other technologies are revolutionizing how we discover, develop and deliver patient care
Improved engineering and the manipulation of natural biological processes are transforming the speed and efficiency of developing new therapies, diagnostics and industrial solutions
We're happy to hear from you.
Please reach out to us.
Steve is a managing partner of Section 32, where he focuses on innovation at the confluence of life sciences and technology. Steve has led the Section 32’s’ investments in companies including Thrive Earlier Detection, Glympse Bio, Celsius Therapeutics, C2i Genomics, ImmuneID and ROME Therapeutics.
Steve is an accomplished company-builder and strategic leader in molecular diagnostics and data: Steve was founding CEO and executive chairman of Thrive, acquired by Exact Sciences in January 2021; he was executive chairman of ArcherDx, acquired by Invitae Corporation in October 2020; and, Steve was President and CEO of Foundation Medicine, acquired by Roche in June 2018.
Steve holds a Ph.D. in political economy and government from Harvard University and an A.B. degree in economics and political science from Stanford University.
At Deerfield, Dr. ElBardissi has led investments and serves or served on the Boards of Sema4, Singular Genomics, Encodia, DNAMx, Epic Sciences, Acutus, Farapulse Endologix, Element Science, and InCarda Therapeutics, among others.
Previously, Dr. ElBardissi was a Principal at Longitude Capital and a banker in J.P. Morgan’s healthcare practice.
Dr. ElBardissi holds an M.D. from Mayo Clinic, MBA from Harvard Business School, MPH from Harvard University and B.S. from Pennsylvania State University. He received clinical research training at the Harvard School of Public Health and residency training in General Surgery at Harvard Medical School’s Brigham and Women’s Hospital and in Cardiothoracic Surgery at Stanford University.
Mr. Crandell is a co-founder and has served as a Managing Director of ARCH Venture Partners since July 1994, where he focuses on life sciences tools, devices, and diagnostics.
He currently serves on the board of directors of Quanterix Corporation, a publicly-traded company focusing on ultra-sensitive digital biomarker detection, Twist Bioscience, a publicly-traded syn bio company whose silicon-based DNA writing platform offers broad application across the life sciences and biotheraputics, and 908 Devices a publicly-traded company focused on bringing mass spectrometry to bio discovery and processing and field forensic applications.
Mr. Crandell has played a key role in the formation and initial funding round of life sciences companies including Quanterix (QTRX), Twist Biosciences (TWST), and 908 Devices (MASS) among others.
Mr. Crandell is also a director of several private companies and serves on the Entrepreneurship Advisory Board at the Polsky Center for Entrepreneurship, the University of Chicago Booth School of Business, the University of Chicago Pritzker School of Molecular Engineering Advisory Council, and on the investment advisory board for the Partners Innovation Fund, a venture capital fund affiliated with Harvard Medical School Hospitals.
Mr. Crandell has a B.S. degree in chemistry and mathematics from St. Lawrence University, an M.S. in chemistry from the University of Texas at Arlington, and an M.B.A. from the University of Chicago.
Mr. Wolfe has 20 years of experience in investing in healthcare and services businesses with a focus on complex and structured transactions.
He has served as Chief Financial Officer of the Deerfield-sponsored SPACs, including DFB Healthcare Acquisitions Corp, DFP Healthcare Acquisitions Corp, and Deerfield Healthcare Technology Acquisitions Corp.
He helped source, negotiate, structure, and execute the business combination transactions with AdaptHealth Corp. and CareMax Inc.
Prior to that, he was a partner of Capital Z Partners, a middle-market private equity fund that has invested $3 billion in over 50 transactions since 1990, and worked in M&A at Credit Suisse First Boston.
Mr. Wolfe graduated magna cum laude from Harvard College.