Avery Sonnenberg, PhD

Partner, Two Bear Capital
Avery Sonnenberg, based in Montana, pairs a PhD in bioengineering and Becton Dickinson experience with deep biology and devices expertise and hands-on support across therapeutics, diagnostics, tools and medical devices.
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Avg Check
$3M - $10M
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Does their fund Lead?
Yes
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Geos their fund invests in
USA, Canada
Avery Sonnenberg, PhD
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Sectors their fund invests in
Biotech
Health
AI
Cybersecurity
Enterprise
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$3M - $10M
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Yes
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About Avery Sonnenberg, PhD

Avery Sonnenberg is a Partner at Two Bear Capital who combines a PhD in bioengineering and MS in electrical engineering with prior industry experience at Becton Dickinson, giving him deep technical expertise across biology, devices, and systems engineering that he applies to evaluating life science investments. Based full-time at Two Bear's Montana headquarters rather than traditional coastal VC hubs, he built his investing career from within the firm itself and is known for hands-on, relationship-focused support of portfolio company founders across therapeutics, diagnostics, tools, and medical devices.

About their Fund

Two Bear Capital

Sectors
Biotech, Health, AI, Cybersecurity, Enterprise
Rounds
Pre-Seed - Series B+
Avg Check Size
$3M - $10M

Two Bear Capital operates a technical-first investing model with partners like neuroscientist Jenna Aronson leading biotech deals using their own lab-grade expertise, while explicitly fusing deep tech and life sciences in one fund where the same team underwrites both quantum security and drug discovery companies. The firm is headquartered in Whitefish, Montana, where they're building Two Bear Labs as a shared life-science facility and positioning themselves as a bridge between frontier security technology serving federal and defense buyers rather than purely commercial markets.

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