Director, Business Development – HealthCare, Life Sciences

Posted: 7/26/2019

Location: Bellevue preferred, other locations negotiable

IV is a privately held invention investment company based in Bellevue, Washington. At IV we believe ideas
are valuable, and so are the people who generate them. Our people impact invention through pioneering
research and partnerships, from tackling humanitarian challenges in the developing world, to giving
entrepreneurs the tools to accelerate innovation, to spinning out new companies that create transformative
technologies. That’s the essence of Impact Invention—our belief that we can change the world through the
power of invention—and we’re looking for people who share our passion for world-changing ideas.

The Invention Science Fund (ISF), established in 2003, is an interdisciplinary team that includes
11 of top 50 American inventors. The team is focused on enabling breakthrough technologies to
thrive globally – through invention sessions, licensing, joint ventures and startups – in areas such
as metamaterials, biomedical technologies, energy, communications, the Internet of Things and
more. These inventions have led to an array of spinout companies and products that have
received hundreds of millions of investment dollars for commercialization.

Intellectual Ventures is looking for a senior member to join its team. This individual will be
broadly responsible for incubating and spinning out new businesses built around ISF’s and
Intellectual Venture’s growing life science and healthcare portfolio, as well as a broad range of
other technology areas. Specific areas may include: medical devices (for both consumers and
the clinic), data-driven healthcare systems, and biotech. Reporting to the Head of Invention
Program Management, the individual will work closely with other key internal and external
stakeholders including the founders of IV and external partners.

Major Responsibilities:
The individual must have credibility across multiple technologies and with outside investors.
They will have experience developing business plans, raising capital, recruiting and building
leadership teams and spinning out new companies. Responsibilities include the following:

  • Drive strategy and tactics regarding startups and future invention areas
  • Perform market, regulatory and technology analysis for global businesses
  • Develop business plans that incorporate foundational IP, as well as lead development of
    new IP to support new ventures
  • Manage simulation and/or proof of concept and prototyping efforts
  • Establish initial customer relationships and key partnerships for new ventures
  • Recruit the initial leadership team for each planned spinout, including CTO and CEO
  • Provide continued coaching and guidance to venture leadership teams on the business
    plan, fund raising, investor relations and other key business issues
  • Provide general leadership and management to cross-functional venture creation teams

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Founding CEO for MetaPower

Posted: 6/28/2019

Location: Seattle area (preferred)

The successful candidate will lead a startup company and commercialize a unique proprietary metamaterials-based power beaming technology aimed at delivering electrical power directly where it is needed. Early market opportunities may include vertical segments such as providing power to a wide range of Industrial IOT sensors that could not otherwise use wired power. Later market opportunities may include providing higher levels of power for cameras, lights, tool, robotics and points of sale. In the future, this technology may be used for consumer applications.

With the continued support of ISF, the successful candidate will build on the existing business and product concepts to create a comprehensive and investible business plan. Additionally, the candidate will take advantage of a small team of engineers who have been engaged full-time on the project for three years, having pioneered the core technology and built proof of concept demonstrators. Armed with strong intellectual property created over the last decade and working capital, this opportunity provides the foundation for a successful independent company.

The successful candidate will have experience transitioning promising, in-development technology to the marketplace. The candidate should have a sufficient technical background to engage with the team on development and commercialization issues, and ideally should have experience in creating go-to-market strategies that access industrial and possibly government customer segments. With the strong support from ISF, the founder CEO will be responsible for raising the initial funding round (Series A) for MetaPower, and successfully spinning it out as an independent company.

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Interested? Please send your resume to