The fund is called Gilde Healthcare III and will be managed by Gilde Healthcare Partners, a Dutch venture and growth capital firm that currently has more than €300m under management.
Key areas of focus for the fund include:
- Home healthcare solutions
- Sleep improvement techniques
- Image-guided interventions/therapies
- Clinical decision support, with particular emphasis on cardiology, oncology and women’s health.
“The venture funds community has been instrumental in bringing breakthrough healthcare innovations to the market,” chief executive officer of Philips Healthcare Steve Rusckowski was reported as saying.
“Through our participation in the Gilde Healthcare III venture capital fund, we are taking another step forward in driving innovation in areas of strategic interest to Philips in healthcare.”
Although Philips will become one of the Gilde Healthcare III’s anchor investors and will hold a minority share, the fund will be fully independent of Philips’ existing innovation efforts, eHealtheurope.net reported.
Source: eHealtheurope.net
