
Two new funds will provide $460 million to fuel innovation in healthcare
Define Ventures, a leading Silicon Valley venture capital firm that focuses exclusively on early stage digital-health start-ups, has announced the closing of its Fund III and the Opportunities Fund.
Define Ventures, a leading Silicon Valley venture capital firm that focuses exclusively on early-stage digital health start-ups, has announced the closing of Fund III and Opportunities Fund which together total $460 million to fuel innovation in healthcare.
Investing in incubation, seed, Series A, and Series B start-ups, Define Ventures’ newest fundraise pushes its total assets under management to approximately $800 million and makes it one of the largest early-stage venture firms focused on investing in digital health.
Fund III will support new early-stage investments, while the Opportunities Fun will support Define Ventures’ existing partner companies in their growth trajectories. The firm’s investment strategy centers on partnering with start-ups that are serving multiple ecosystem partners, such as consumers, payers, providers, employers, and life-sciences companies.
Click here to read the release announcing the new funds.