Prebys Ventures announced this week it has invested $5 million into five San Diego startup companies working on the cutting edge of healthcare research and development.

The venture fund created by San Diego’s largest private foundation made separate $1 million investments in AeroRX, Aspen Neuroscience, Crystalys Therapeutics, Protalys Pharmaceuticals, and Welby Health.

The companies are developing solutions for chronic obstructive pulmonary disease (COPD), Parkinson’s disease, gout, oncology, and chronic care management.

The funding comes at a time when venture investing is largely stalled across the nation.

“We’re very excited not only about the cutting-edge innovation of these five companies, but for what this means for San Diego’s entire innovation sector,” said Prebys Ventures Mana

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