To create investment opportunities in life science and femtech companies through Portfolia Inc.
To serve on Boards of Directors and to train and promote well educated board members, through BoardWise and BoardFutures
Since 1983 Science Futures focused on supporting the investment and creation of world class life science companies. Consulting with premier venture capital firms, like Kleiner Perkins Caulfield and Byers, Oak Investment
Partners, Mohr Davidow, IVP, Fairfield Ventures and TVM Capital. Science Futures prepared analysis of business proposals and wrote initial business plans which lead to Series A investment made by the large funds
and eventually became publically listed companies with market capitalizations that at some point were or still are greater than roughly one billion dollars: Idec Pharmaceutical (BiogenIDEC) InSight Vision, Resound,
Sequenom, Alkemes.
Consulting with Drexel Burnham Lambert, and Merrill Lynch, Science Futures was the initial voice of biotechnology on Wall Street. Consulting on IPO’s and follows- on investments help build
the industry and reward the initial investors. De-mystifying the biotech revolution for public investors was an important part of the company’s initial work. Other early clients included oil companies and early
biotechnology management teams.
Science Futures started to directly invest in funds in 1998 by raising a fund of funds for TVM Medical Ventures. Investing directly into TVM 4 and TVM 5 as a venture partner and remained as a senior advisor in the firm
until the late 2000’s.
Science Futures continues to invest through Portfolia Investment Funds, designed for women backing innovative companies for returns and impact
Nola Masterson works with clients on governance practices and coaches Directors and aspiring Directors. She is an experienced global executive and Board leader serving on public company, venture- backed private company
and non-profit organization Boards. Her career includes successful business experience, with Millipore for eight years and as CEO and co-founder of Sequenom, (SQNM), and the first analyst in biotechnology on Wall
Street with Drexel Burnham Lambert and Merrill Lynch. She has managed her own venture fund, and has been a Venture Partner in a major European IT and life sciences venture fund, TVM Capital. She is also a Lead Investor
In Portfolia , a FemTech focused venture fund and has led several investments by the fund. During her 14 years on the Repros Therapeutics (RPRX) Board she advised the CEO on strategy, finance, operations and Board
recruitment. She served as Chair of the Board for 5 years and as Chair of the Compensation Committee and a member of the Audit Committee.
Ms. Masterson’s areas of expertise include medical device, pharmaceuticals,
scientific tools, separation processes and diagnostics technology as well as genetic analysis. One of Ms. Masterson’s key strengths is her understanding of the “DNA” that makes a company great. Her leadership style
is as a synthesizer, to create a professional environment that aligns with, and contributes to success at every stage of company development. Ms. Masterson is certified by the American College of Corporate Directors
as a Certified Professional Director, and she is listed in the Boardwise Registry of Corporate Directors. She has many years of experience in Board position recruitment and transition processes, in building productive
Board cultures, and in aligning processes and cultures with CEOs and other senior executives with respect in particular to accountability and performance measurement.
Ms. Masterson is Managing Director of
Science Futures Management Co. LLC and in that positon acts as a lead investor in Portfolia Femtech Fund, an angel fund, dedicated to supporting women early stage investors with education and investments in women
focused healthcare companies. She sits on the board of Prime Genomics, Inc. and LynxBio Inc. She is an Adjunct Professor at the University of San Francisco in the graduate school of arts and science teaching biotechnogy
entrepreneurship. Ms. Masterson is the co-chair of the San Francisco Chapter of Women Corporate Directors (WCD) and sits on the non-profit board of the American Diabetes Association and is president of the Los Viajeros
Riding Club.
Her hobbies include horseback riding and oil painting.