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Purpose-Built for Pediatric and Maternal Health.

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Backed by the Specialized Expertise These Markets Require.

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Paul Billings MD, PhD

Founding Partner

Commercialization • Enterprise Scale • Strategic Execution

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Jana Mike
MD, PhD

Partner

Clinical insight • Scientific conviction • Early opportunity

OPERATING TEAM

We combine the ability to recognize tomorrow's standards of care with the experience to help build the companies that define them.

INVESTMENT ADVISORY TEAM

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Dan Burnett, MD, MBA

Venture Partner

CEO Theranova

Pediatric Devices Expert

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Ray Muzyka, MD, MBA

Early-Stage Investing

CEO Threshold Impact

Former Bioware

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Eve Blossom

Femtech

Venture Strategist

CEO Material Change Institute

CLINICAL & INDUSTRY EXPERTS

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Yalda Afshar, MD, PhD

Maternal-Fetal Medicine

Surgeon-scientist, tenured Associate Professor of Maternal-Fetal Medicine at UCLA, Director of Research in Obstetrics and Gynecology, and co-director of UCLA’s Cardio-Obstetrics and Advanced Hemorrhage and Accreta Care Programs.

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James Hanson, MD

Healthcare Strategy & Operations Expert

Former VPMA UCSF Benioff Children's Hospital Oakland

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Jafar Shenasa

FDA Expert

StartUp Clinicals

Ex FDA Digital Health Center of Excellence

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Ahmer Inam

AI Expert

Relanto, Cognisee

Ex Chief AIO, Nike PwC, AI, Xprize

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Kimball Wilkins

Reimbursement Expert

Hourglass consulting

Ex VP Digital Experience at Blueshield California 

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Nick Shah, PhD

Pharma Expert

Stealth Mode Biotech, Ex Nura Bio

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Randy E David, PhD, MS

Strategy & Operations

Precision & Population Health

BARDA, Dream Big Health

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Gregory Kurio, MD

AI, Pediatric Cardiology Expert

Prolaio, Former Myokardia

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Joanne Fedeyko

Femtech

 Connection Silicon Valley, Canadian Women's Network

OUR ECOSYSTEM

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Born out of Stanford Biodesign, the program brings together clinicians, engineers, entrepreneurs, and experts across the health innovation ecosystem to accelerate high-impact innovations for pediatric and maternal health.

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Theranova accelerates development of pediatric medical technologies through engineering, product development, and commercialization expertise.

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Children Now advances policies that improve children's health and strengthen the environment for pediatric innovation.

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Charrette Advisory serves as a strategic diligence and commercialization partner to Fractal Pediatric Capital, supporting the evaluation of prospective investments across the scientific, clinical, regulatory, reimbursement, market, and adoption factors that ultimately drive value. Charrette also works with Fractal and its portfolio companies to translate these insights into actionable evidence generation, market access, commercialization, and value creation strategies.

SAN FRANCISCO, CA, USA  |

© All Rights Reserved 2026

Fractal Pediatric Capital (FPC) is a website operated by Fractal Pediatric Capital, LLC. By accessing this site and any pages hereof, you agree to be bound by the Terms of Service. FPC does not make investment recommendations, and no communication through this website or otherwise should be construed as a recommendation for any offer of a security referenced on this website or otherwise. Companies or individuals providing information on this site are solely responsible for their content. All investors in FPC Funds must be accredited investors. Investing in private placements requires high tolerance for risk and illiquidity, and investors must be able to afford to lose their entire investment. Information about any securities offering should not be considered complete and is qualified by the full offering documents corresponding to the financing. The information contained here or in any correspondence or attachment hereto may include forward-looking statements, estimates, projections and/or representations. To the fullest extent permissible by law, neither FPC, LLC. nor its funds; nor any of their managers or non-managing members, employees, representatives, or agents make any representation or warranty, express or implied, as to the accuracy, completeness or definitiveness of this information, and nothing contained herein shall be relied upon as a representation as to past or future performance. We are not a registered broker, dealer, investment advisor, investment manager or funding portal. FPC, LLC and FPC Managing Member do not give investment advice, provide analysis or recommendations. *IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained in this communication (including any attachments) was not intended or written to be used and cannot be used, for the purpose of (i) avoiding any tax penalty or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

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