H Venture Partners is launching a venture studio that will focus on sourcing microbiome technologies and materials that can be commercialized and turned into startups. 

The firm said on Friday that it will source talent who can solve health problems like depression, cancer, eczema and neurodegenerative diseases. This expansion is in part funded by H Partner’s Fund II, which just announced a $10 million investment from the State of Ohio. Fund II is now oversubscribed with $24 million in total funding.

“We are tackling the top two threats to humanity,” Elizabeth Edwards, the firm’s founder and managing partner, told TechCrunch. “Our primary focus is preventing antibiotic resistance and our secondary focus is reversing climate change and eliminating petrol-based plastics.” 

Edwards hopes to invest in at least 13 early-stage companies, with check sizes ranging from $500,000 to $1 million. The firm’s portfolio already includes companies like Felix Health and Parsley Health; and it has more than $40 million in assets under management. 

So far, companies with at least one woman founder have raised more than $2 billion in funding in the pharma and bio sector, according to Pitchbook; last year, such groups raised $5.4 billion out of around the $18.4 billion that was invested in the sector altogether.