AN Venture Partners Names Two New Fellows

Press Release

AN Venture Partners Names Two New Fellows

Tokyo & San Francisco, April 22, 2026

AN Venture Partners (ANV), a global biotech venture capital fund, today announced, today announced the appointment of Nick Bayhi, PhD, and Wendy Hung as Fellows.

Ken Horne, Managing Partner of ANV, said: "We are delighted to welcome Nick and Wendy to the ANV team. Both bring exceptional scientific depth combined with real-world experience in venture capital and life science commercialization. Their backgrounds reflect exactly the kind of talent we look for, which are researchers who understand both the science and the business of building transformative biotech companies. We look forward to the contributions they will make to our portfolio and our mission of bringing breakthrough science to the world."

Profile

Nick Bayhi, PhD, Fellow

Nick Bayhi brings deep scientific expertise and hands-on venture experience spanning drug discovery, biotech industry research, and early-stage life science investing. He earned his PhD in Biophysical Sciences from the University of Chicago, where his research focused on protein conformational dynamics, using experimental and computational methods to demonstrate how structural flexibility drives protein function.

Alongside his doctoral work, Nick completed over two years of venture capital and venture creation fellowships with Insight Partners, Kendall Capital Partners, and Scion Life Sciences, leading due diligence on more than 100 startups and serving as lead author on investment memos supporting $15M in funded investments across nonviral gene delivery and antidepressant therapeutics.

Prior to graduate school, he spent five years in research roles at Genentech, ImmunoGen, and Rubius Therapeutics, applying conjugation chemistries to the development of antibody-drug conjugates and cell therapies. In addition to his role as an AN Venture Fellow, Nick serves as CEO of AddGraft Therapeutics, an autologous skin cell therapy startup.

Profile

Wendy Hung, Fellow

Wendy Hung brings a strong foundation in biomedical research and a growing track record in life science investment and business development, with expertise spanning immunology, genetic engineering, metabolism, and virology.

She is currently a fifth-year PhD candidate in Biomedical Sciences at UCSF, where her research focuses on how aging shapes immune function, with a particular emphasis on the mechanisms underlying susceptibility to infection in early life. Prior to UCSF, she conducted research at the Broad Institute.

Alongside her doctoral work, Wendy has built substantive experience across the life science investment and commercial landscape. At Novo Holdings, she contributed to the development of an investment thesis encompassing therapeutic landscape assessment, manufacturing, and operational logistics. As a Business Development intern at Mirum Pharmaceuticals, she mapped the asset landscape across multiple rare disease areas to identify unmet clinical needs. She has also advised an AI mobile health startup through key commercial milestones, contributing to a successful funding round, and has consulted for venture capital firms and nonprofits through her involvement with Biotech Connection Bay Area.

About AN Venture Partners (ANV) 

ANV is a Tokyo and San Francisco-based multi-stage, global biotech venture capital firm specializing in bridging innovative science from Japan with the US start-up ecosystem. ANV Fund I is a USD200 million fund that closed in June 2025. The firm was established in 2022 by a group of experienced venture capitalists from Japan and the United States, who have a wealth of experience building start-ups. ANV is committed to strengthening Japan’s biotech ecosystem and founded initiatives such as Science2Startup Japan to accelerate ecosystem growth. For more information, please visit www.an.vc.

Media Contacts
Email: info@an.vc 

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