Robert Luo

Founding and Managing Partner

Dr. Luo founded HM Venture Partners in 2018. He has over 25 years of professional experience in investment, entrepreneurship, operations and management, life sciences research, and clinical practice.

Dr. Luo co-founded HM Healthcare Management Services (HMHMS) with Hillhouse Investment Group and Mayo Clinic in 2014 and has been serving as the CEO. He subsequently started several influential healthcare platform companies in China, such as HM Technology and HM Digital Technology. Under his guidance, HMHMS also practiced diversified healthcare investments globally.

Prior to founding HMHMS, Dr. Luo was a senior investment officer at Mayo Clinic and led multi-billion dollar investments globally. Earlier, Dr. Luo worked on neural stem cell research for 5 years at the Neurobiotechnology Center at the Ohio State University and completed his ophthalmology residency training at Peking Union Hospital in Beijing.

Dr. Luo received his MBA from the Ohio State University and MD from Peking University Health Science Center.

Yangzhou Wang

General Partner

Dr. Wang has more than 25 years of technical, business development, sales & marketing, and executive management experience in Biotech and Pharmaceutical industries in the U.S., Asia, and other regions. He joined HM Venture Partners as a general partner in 2024.

Dr. Wang has been the CEO of two Biotech companies and a leading CDMO company, as well as other executive leader for major CRO companies in drug discovery. He has led organizations achieve high growth and raised over $100M capital to propel the growth of startups. He is well-versed in advanced therapeutics field and has overseen operations with global footprints and complex organizational structures. Through continued emphasis on scientific understandings, Dr. Wang is keen to identify and cultivate entrepreneurs and breakthrough technologies that can transform medicine and improve cancer care.

Dr. Wang received his PhD of Cellular Molecular Biology from Roswell Park Cancer Cancer/SUNY Buffalo and M. Eng. of Computer Sciences from Univ. of Colorado at Boulder. He was also an assistant professor at the Dept. of Structural Biology Department at Hauptman-Woodward Medical Institute, University of Buffalo School of Medicine.

Jane Lindner

Managing Director

Jane is a serial entrepreneur and operating executive who has launched 7 technology startups as well as advised numerous clients, from multinationals to early commercialization stage companies whose missions are to make significant healthcare and/or environmental impacts.

Prior to joining HM Venture Partners, Jane served as VP Strategy and Business Development of Senseer Health, a developer of smart medical device therapies for chronic conditions. Jane joined Senseer from UrLoop, a software engagement platform for senior living, where she served as CEO and orchestrated its sale to Senseer.

Jane co-founded merchant bank, Jane Capital Partners in 2001. Startups launched by Jane Capital where Jane served on the boards include Smart Wires Inc. (private) and Zenergy Power plc (IPO). Investee companies raised over $300M. Earlier in her career, Jane served as Executive Director of venture fund, WI Harper Group.

Jane holds a BS from Syracuse University and an MS from the University of Connecticut.

Peter Lu

Venture Partner

Dr. Lu has more than three decades of hands-on experience in cross border investments in biotech, medtech, and healthcare services. Dr. Lu joined HM Venture Partners as a venture partner in 2022.

Dr. Lu was the Founding and Managing Partner of New Vision Ventures (NVV). Prior to that, Dr. Lu served as a Partner for Israel Infinity Group and an Executive Director for Toucan Capital (USA). He has previously invested in over 30 companies.

Formerly Dr. Lu was a senior research scientist at Yale School of Medicine and participated in translational research on therapeutic antibody drugs and anti-virus vaccines. In addition, Dr. Lu practiced cardiology in China for years.

Dr. Lu received his MBA from Yale School of Management (SOM) and Ph.D. of Medical Science Peking University Health Science Center.

Yi Guo

Chief Scientist Officer

Dr. Guo has more than 20 years of biological research experience. She joined HM Venture Partners in 2022, mainly responsible for conducting scientific research review of the potential investment companies and deal sourcing.

Prior to joining HM Venture Partners, Dr. Guo served as an assistant professor at Mayo Clinic for ten years, guiding independent laboratories to engage in scientific research on fat metabolism, fatty acid lipotoxicity and liver cancer.

Previously, Dr. Guo worked as a postdoctoral researcher at University of California, San Francisco. Her representative works were published in Nature, Cell Metabolism and other peer reviewed top scientific research journals.

Dr. Guo received her Ph.D. in Biochemistry from Brandeis University and B.S. in Biochemistry and Molecular Biology from Peking University.

Harry Hoffman

Venture Partner

Mr. Hoffman has over 30 years of professional investment experience as both a capital allocator and direct investor. As the former Chief Investment Officer at Mayo Clinic for over 25 years, he developed Mayo’s global multi-asset investment strategy and helped Mayo achieve top tier long term performance. He also co-founded Mayo’s in-house venture co-investment program which has grown significantly. In addition, Harry served as Treasurer for Mayo and oversaw issuance of debt and banking, insurance and risk management relationships. Robert Luo, HMVP’s founder and CEO, worked under Mr. Hoffman before leaving Mayo Clinic to found HM Healthcare Management Services and HM Venture Partners.

Mr. Hoffman is Co-Founder and Co-Manager of Southeast Minnesota Capital Partners, which manages two seed and early-stage venture capital funds that back high potential Minnesota medtech and life sciences start-ups, including many with Mayo Clinic roots. The Funds’ investors include many Mayo Clinic physicians and business leaders as well as high net worth individuals and investment professionals from across the U.S.

Mr. Hoffman currently sits on the boards of several SMCF portfolio companies and is an investment advisor to a large family office. Previously, he served on the boards of Latigo Petroleum, Okabena Company, the Rochester Economic Development Agency, the Ronald McDonald House of Rochester, The Investment Fund for Foundations (TIFF), and the Endowment Board of the American Red Cross.

Mr. Hoffman received his BA degree from the University of Minnesota and his MBA from the Yale School of Management.

David Herbert

Venture Partner

Mr. Herbert has over 30 years of leadership experience in the life sciences sector, spanning start-ups, strategic collaborations, international operations, and venture investing.

Over a 21-year career at Mayo Clinic, Mr. Herbert served as Chief Administrative Officer of Mayo Clinic Laboratories, one of the largest specialty medical reference laboratories in the world, serving clients in over 100 countries. In addition, he led the New Ventures and Technology Commercialization divisions at Mayo Clinic Ventures and later served as Chair of Mayo Clinic Global Business Solutions, charged with extending Mayo Clinic products and services globally.

Mr. Herbert is Co-Founder and Co-Manager of Southeast Minnesota Capital Partners, which manages two seed and early-stage venture funds that back high potential Minnesota medtech and life sciences start-ups, including many with Mayo Clinic roots. The Funds’ investors include many Mayo Clinic physicians and business leaders as well as high net worth individuals and investment professionals from across the U.S.

Since 2015, Mr. Herbert has served on the board and as Treasurer of the Myotonic Dystrophy Foundation, the world’s largest patient organization focused solely on myotonic dystrophy. Since 2014, David has been the Head Coach of the Rochester Nordic Ski Team, which coaches ski technique and racing for an all-city cross country ski team with over 107 athletes and 30 coaches.

Mr. Herbert holds a BA from Stanford University and an MBA from the University of St. Thomas.

罗如澍
Robert Luo Founding and Managing Partner

Dr. Luo founded HM Venture Partners in 2018. He has over 25 years of professional experience in investment, entrepreneurship, operations and management, life sciences research, and clinical practice.

Dr. Luo co-founded HM Healthcare Management Services (HMHMS) with Hillhouse Investment Group and Mayo Clinic in 2014 and has been serving as the CEO. He subsequently started several influential healthcare platform companies in China, such as HM Technology and HM Digital Technology. Under his guidance, HMHMS also practiced diversified healthcare investments globally.

Prior to founding HMHMS, Dr. Luo was a senior investment officer at Mayo Clinic and led multi-billion dollar investments globally. Earlier, Dr. Luo worked on neural stem cell research for 5 years at the Neurobiotechnology Center at the Ohio State University and completed his ophthalmology residency training at Peking Union Hospital in Beijing.

Dr. Luo received his MBA from the Ohio State University and MD from Peking University Health Science Center.

Jane Lindner
Jane Lindner Managing Director

Jane is a serial entrepreneur and operating executive who has launched 7 technology startups as well as advised numerous clients, from multinationals to early commercialization stage companies whose missions are to make significant healthcare and/or environmental impacts.

Prior to joining HM Venture Partners, Jane served as VP Strategy and Business Development of Senseer Health, a developer of smart medical device therapies for chronic conditions. Jane joined Senseer from UrLoop, a software engagement platform for senior living, where she served as CEO and orchestrated its sale to Senseer.

Jane co-founded merchant bank, Jane Capital Partners in 2001. Startups launched by Jane Capital where Jane served on the boards include Smart Wires Inc. (private) and Zenergy Power plc (IPO). Investee companies raised over $300M. Earlier in her career, Jane served as Executive Director of venture fund, WI Harper Group.

Jane holds a BS from Syracuse University and an MS from the University of Connecticut.

鲁东成
Peter Lu Venture Partner

Dr. Lu has more than three decades of hands-on experience in cross border investments in biotech, medtech, and healthcare services. Dr. Lu joined HM Venture Partners as a venture partner in 2022.

Dr. Lu was the Founding and Managing Partner of New Vision Ventures (NVV). Prior to that, Dr. Lu served as a Partner for Israel Infinity Group and an Executive Director for Toucan Capital (USA). He has previously invested in over 30 companies.

Formerly Dr. Lu was a senior research scientist at Yale School of Medicine and participated in translational research on therapeutic antibody drugs and anti-virus vaccines. In addition, Dr. Lu practiced cardiology in China for years.

Dr. Lu received his MBA from Yale School of Management (SOM) and Ph.D. of Medical Science Peking University Health Science Center.

郭奕
Yi Guo Chief Scientist Officer

Dr. Guo has more than 20 years of biological research experience. She joined HM Venture Partners in 2022, mainly responsible for conducting scientific research review of the potential investment companies and deal sourcing.

Prior to joining HM Venture Partners, Dr. Guo served as an assistant professor at Mayo Clinic for ten years, guiding independent laboratories to engage in scientific research on fat metabolism, fatty acid lipotoxicity and liver cancer.

Previously, Dr. Guo worked as a postdoctoral researcher at University of California, San Francisco. Her representative works were published in Nature, Cell Metabolism and other peer reviewed top scientific research journals.

Dr. Guo received her Ph.D. in Biochemistry from Brandeis University and B.S. in Biochemistry and Molecular Biology from Peking University.

郭奕
Harry Hoffman Venture Partner

Mr. Hoffman has over 30 years of professional investment experience as both a capital allocator and direct investor. As the former Chief Investment Officer at Mayo Clinic for over 25 years, he developed Mayo’s global multi-asset investment strategy and helped Mayo achieve top tier long term performance. He also co-founded Mayo’s in-house venture co-investment program which has grown significantly. In addition, Harry served as Treasurer for Mayo and oversaw issuance of debt and banking, insurance and risk management relationships. Robert Luo, HMVP’s founder and CEO, worked under Mr. Hoffman before leaving Mayo Clinic to found HM Healthcare Management Services and HM Venture Partners.

Mr. Hoffman is Co-Founder and Co-Manager of Southeast Minnesota Capital Partners, which manages two seed and early-stage venture capital funds that back high potential Minnesota medtech and life sciences start-ups, including many with Mayo Clinic roots. The Funds’ investors include many Mayo Clinic physicians and business leaders as well as high net worth individuals and investment professionals from across the U.S.

Mr. Hoffman currently sits on the boards of several SMCF portfolio companies and is an investment advisor to a large family office. Previously, he served on the boards of Latigo Petroleum, Okabena Company, the Rochester Economic Development Agency, the Ronald McDonald House of Rochester, The Investment Fund for Foundations (TIFF), and the Endowment Board of the American Red Cross.

Mr. Hoffman received his BA degree from the University of Minnesota and his MBA from the Yale School of Management.

郭奕
David Herbert Venture Partner

Mr. Herbert has over 30 years of leadership experience in the life sciences sector, spanning start-ups, strategic collaborations, international operations, and venture investing.

Over a 21-year career at Mayo Clinic, Mr. Herbert served as Chief Administrative Officer of Mayo Clinic Laboratories, one of the largest specialty medical reference laboratories in the world, serving clients in over 100 countries. In addition, he led the New Ventures and Technology Commercialization divisions at Mayo Clinic Ventures and later served as Chair of Mayo Clinic Global Business Solutions, charged with extending Mayo Clinic products and services globally.

Mr. Herbert is Co-Founder and Co-Manager of Southeast Minnesota Capital Partners, which manages two seed and early-stage venture funds that back high potential Minnesota medtech and life sciences start-ups, including many with Mayo Clinic roots. The Funds’ investors include many Mayo Clinic physicians and business leaders as well as high net worth individuals and investment professionals from across the U.S.

Since 2015, Mr. Herbert has served on the board and as Treasurer of the Myotonic Dystrophy Foundation, the world’s largest patient organization focused solely on myotonic dystrophy. Since 2014, David has been the Head Coach of the Rochester Nordic Ski Team, which coaches ski technique and racing for an all-city cross country ski team with over 107 athletes and 30 coaches.

Mr. Herbert holds a BA from Stanford University and an MBA from the University of St. Thomas.

Dr.Wang
Yangzhou Wang General Partner

Dr. Wang has more than 25 years of technical, business development, sales & marketing, and executive management experience in Biotech and Pharmaceutical industries in the U.S., Asia, and other regions. He joined HM Venture Partners as a general partner in 2024.

Dr. Wang has been the CEO of two Biotech companies and a leading CDMO company, as well as other executive leader for major CRO companies in drug discovery. He has led organizations achieve high growth and raised over $100M capital to propel the growth of startups. He is well-versed in advanced therapeutics field and has overseen operations with global footprints and complex organizational structures. Through continued emphasis on scientific understandings, Dr. Wang is keen to identify and cultivate entrepreneurs and breakthrough technologies that can transform medicine and improve cancer care.

Dr. Wang received his PhD of Cellular Molecular Biology from Roswell Park Cancer Cancer/SUNY Buffalo and M. Eng. of Computer Sciences from Univ. of Colorado at Boulder. He was also an assistant professor at the Dept. of Structural Biology Department at Hauptman-Woodward Medical Institute, University of Buffalo School of Medicine.

HMVP is built on deep domain expertise, institutional and industry relationships, active venture creation, and disciplined deal structuring & portfolio management through more than two decades of healthcare investing, operating, and company-building experience. The HMVP core team successfully started and managed HM Healthcare Management Services, a joint venture between Hillhouse Investment Group and Mayo Clinic.

Uniquely positioned for greater impact

20+ Years
Model Development
Proprietary Sourcing
Biotech & Medtech
Cross-border
Global Reach
All Stages
From Inception to Scale

A Differentiated Investment Model

HMVP provides sustainable competitive advantages that produce proprietary opportunities unavailable through traditional venture sourcing.

Differentiated Ecosystem

HMVP leverages institutional relationships and utilizes co-investment SPVs to engage physicians, scientists, and experienced investors as aligned strategic resources to generate differentiated deal flow, strengthen due diligence, and support portfolio development.

New Venture Creation

HMVP extends validated technologies into new indications and companies by combining medical and scientific insight with investment and entrepreneurial expertise, partnering with experienced founders and repeat entrepreneurs.

Cross-Border Positioning

HMVP identifies promising healthcare innovations across the U.S. and Asia and applies U.S. regulatory, clinical, entrepreneurial experiences, and investment expertise to evaluate global potential, including through U.S.-based NewCos.

Cycle-Tested Strategies

HMVP employs a high-conviction approach and seeks substantial ownership positions early in a company's development, leveraging prior success structuring flexible transactions across capital cycles to create significant post-value increases.

Deep Domain Expertise

HMVP's team combines medical, scientific, investment, operating, and entrepreneurial expertise with global experience building, financing, and scaling healthcare companies.

Through deep relationships with leading medical institutions and an extensive network of clinicians, scientists, and entrepreneurs, HMVP gains early insights into emerging technologies, clinical advances, and unmet medical needs.

This combination of deep expertise and proprietary access uniquely differentiates HMVP from the broader venture community.

Robert Luo, M.D.
Founding & Managing Partner
Yangzhou Wang, Ph.D.
General Partner
Harry Hoffman
Venture Partner
David Herbert
Venture Partner
Peter Lu, M.D.
Venture Partner​
Jane Lindner
Managing Director
Yi Guo, Ph.D.
Chief Science Officer

Selected Portfolio

We partner with innovative companies across therapeutic areas and technologies, from early stage to commercialization.

OncologyAcquired · Merck
UrologyAcquired · Laborie
MetabolicIPO
OncologyIPO
RenalAcquired · Novo Nordisk
MetabolicAcquired · Sobi
View All Portfolio →

News

View All News →