Facebook Co-Founder’s VC Firm Raises $2.1B for Healthcare Investments

B Capital Group, the venture capital firm of Facebook co-founder Eduardo Saverin, has raised $2.1 billion for its latest fund and related vehicles.  

The firm’s Growth Fund III and companion funds will back startups in health care, financial technology, software and other sectors around the world, according to a statement Thursday to Bloomberg News. The fund will focus on investing in growth-stage companies, or companies that are growing revenue. Read more.

Total
0
Shares
Related Posts
Read More

5 Healthcare IT Trends Entrepreneurs Should Watch in 2022

According to Deloitte, venture funding for healthcare tech doubled year-over-year in 2020 and further accelerated during 2021 with record levels of investment through special purpose acquisition companies, private equity, venture capital and debt financing.