Two health-focused venture funds made their debut, supported with millions of dollars to invest in healthcare startups, Mobi Health News reports.
Pre-scale digital health investor LionBird announced an $85 million fund. Healthcare company AmerisourceBergen unveiled a new $150 venture fund focused on emerging healthcare startups dubbed AB Health Ventures.
LionBird plans to use its new fund, LionBird III, to invest in 15 to 20 early-stage digital health companies. The company has previously invested in more than 30 digital health companies including TytoCare and Ovia Health.
AB Health Ventures will be using its $150 million to invest in early- to mid-stage health startups. The venture fund plans to help its portfolio companies with prototyping, testing, piloting and commercializing their products. Read more.
