Industry Bulletins | October 17, 2018
StartUp Health Raises $31 Million From Novartis, Ping An Group, Chiesi Group, GuideWell, & Otsuka
StartUp Health recently closed its second fund, raising $31 million from Novartis, Ping An Group, Chiesi Group, GuideWell, Otsuka, Masimo, and others. The funds will go toward investing in companies that StartUp believes will help achieve its ten “health moonshots,” which include lofty health care goals such as zero cost care and ending cancer.
Some of the new funding has already been into invested into companies like Analytics, CareDox, Doctor.com, Fit4D, Human Longevity Inc., and Zeel. Previously, StartUp’s first fund included 100 digital health companies. To date, StartUp Health has the world’s largest portfolio of more than . . .