Global healthcare investment firm OrbiMed announced it raised more than $4.3 billion in commitments for its private investment funds – OrbiMed Asia Partners V, OrbiMed Royalty & Credit Opportunities IV and OrbiMed Private Investments IX.
A range of university endowments, pension funds, medical institutions, foundations, family offices and sovereign wealth funds invested in the funds.
WHAT IT...
Questa Capital Management, a healthcare-focused venture firm, announced it closed a $397 million venture growth equity fund dubbed Questa Capital III, bringing its total raise to over $1 billion.
Commitments came from blue-chip investors, including endowments, foundations, family offices, pension plans, fund-of-funds and consultants.
WHAT IT DOES
The company's current portfolio includes:
in-...
Olive, a healthcare automation company, has started helping early-stage entrepreneurs get their ideas off the ground with the creation of Olive Ventures.
The in-house studio is focused on fostering new digital health startups that will create innovative products and services for the healthcare industry.
"We're bridging the 'valley of death' in the healthcare startup landscape," Sean Lane, CEO of...
Venture capital firm Digitalis, which was founded last year and has offices in New York and California, has launched a $100 million fund to spur innovation in healthcare by investing in early and seed stage companies that leverage math, science and technology to address human health problems.
“As we rethink the value system of how we finance healthcare, we have to look at where the risk is going...
In one more take on the first half of 2015 funding, Health 2.0 Market Intelligence has funding for the half at $2.2 billion, compared to $2.9 billion at the half-year mark last year. They tracked 2014's total funding at $4.6 billion.
"Funding in 2015 hasn’t kept pace with 2014 but there’s no reason to panic," the report reads. "Early 2014 saw a handful of blockbuster deals (Proteus, Flatiron,...
San Francisco-based Augmedix, which has developed a Google Glass clinical documentation offering for physicians raised $3.2 million last week in a round led by DCM and Emergence Capital Partners. Other investors included Great Oaks Venture Capital, Rock Health's LPs (Kleiner Perkins, Mohr Davidow Ventures, and Aberdare), and various angels. Emergence had previously invested in Doximity and...
Last week digital health incubator Rock Health announced its fourth class of startups, which will be the first to go through the program with the increased $100,000 in funding. Rock Health also announced last week that Kaiser Permanente, the largest integrated healthcare system in the US, has joined as a partner to the program and will help advise Rock's startups alongside its other partners,...
Cambridge, Massachusetts-based EyeNetra, which is developing what it calls the most affordable mobile eye diagnostic tool ever developed, recently raised $1 million of a hoped for $1.2 million round of funding. The company's peripheral device and software enables anyone to take their own eye test, get a prescription for glasses, and connect to eye-care providers right from their mobile phone. The...
