In this episode, we sat down with Karun Naga, Partner at The Foundry, a leading venture studio focused on building pioneering life-saving medical technologies. We discuss the business model of The Foundry, Karun's early career journey that led him to medical device start-ups, his successful start-ups and the acquisition process, and much more.

The Foundry is a team of entrepreneurs committed to inventing technologies and building companies that redefine the standard of care and transform patients’ lives. The Foundry’s 20+ companies have raised nearly $1 Billion from over 50 venture capitalists and corporations, creating more than $3 Billion in shareholder value.

While at The Foundry, Karun and his team built a catheter-based treatment for hypertension that was later acquired by Medtronic. His more recent endeavor was leading the incubation efforts and being the CEO of Allay Therapeutics, a post-surgical pain management solution that eliminates the need for opioids. Allay Therapeutics closed a Series C round of funding for $60 million in 2021.