May 23, 2018

Christine Aylward launches new firm called Magnetic Ventures

Christine Aylward at the 2009 Toronto International Film Festival.

Christine Aylward at the 2009 Toronto Film Festival. Photo by Patrick Jube/WireImage

Christine Aylward is raising up to $100 million for a new fund called Magnetic Ventures, which will invest in early-stage medical technology companies, Axios has learned.

Why it matters: She becomes the latest addition to a small but growing list of female venture capitalists who have left established firms to raise their own funds.

  • Word is that Aylward is nearing a first close, and that Magnetic's advisors include Bob Nelson (Arch Venture Partners).
  • She also has become an advisor to TPG Growth and the TPG Rise Fund.

Bio: Aylward in early 2017 stepped down as a managing director with Foresite Capital, which she had joined in 2011. Before that she co-founded a digital media company called MakingOf with actress Natalie Portman and spent time in finance and product marketing with several large pharma companies.

She declined comment, citing SEC marketing restrictions.

Go deeper