Linda F. Powers is the co-founder and managing director of Toucan Capital. See contact routes.
Linda F. Powers is the co-founder and managing director of Toucan Capital, a Bethesda-based venture firm she established in 1998 with Robert F. Hemphill Jr.. She brings over 25 years of experience in venture capital, mergers and acquisitions, and corporate finance, holding a BA from Princeton and a JD from Harvard Law School. Toucan Capital focuses on seed and early-stage investments specifically in biopharmaceutical companies, with a thesis centered on life sciences and regenerative medicine. The firm manages a $140 million fund, though specific check sizes and whether Powers typically leads or follows on deals are not publicly detailed in available sources. Notable portfolio connections include her long-standing role as Chairman and CEO of Northwest Biotherapeutics, a company she has led since 2007, as well as directorships at Vet-Stem and Q Therapeutic Products. Powers is widely recognized in the stem cell industry across the U.S., Europe, China, and India, and she served as the first chair of the Maryland Stem Cell Commission. Her distinctive point of view centers on regenerative medicine and immune therapies, reflecting her leaders
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