New VC firm launched to make investments in early stage health care start-ups
A new venture capital firm, Narrow Gauge Venture Syndicate LLC, has been launched in Ann Arbor, MI with a focus on early stage health care IT companies. According to this article, the fund will target companies needing to raise between $1 million and $3 million, with initial investments of $100,000 to $500,000. Its first investment was in a California-based start-up that makes 3D body scanners for home use, giving readouts on body fat and other health and fitness metrics
