-B Capital, a global multi-stage investment firm, has closed the inaugural B Capital Healthcare Fund I, which, in conjunction with B Capital Growth Fund III, allocates over $500 million to opportunities across the healthcare sector, from digital health to biotech.
The current B Capital global healthcare portfolio includes over 20 companies in the US, Asia and Europe, spanning early venture to late growth venture, across healthtech, digital health, biotech and medtech. Notably, the team co-led the latest round of investment in Hotspot Therapeutics, an AI-enabled drug discovery company, and led the latest round in Triumvira, a novel cell therapy platform in clinical development. The team also led the latest financing in CapitalRX, a transformative tech platform for pharmacy benefits management. In medtech, the team led the last round in Carlsmed, an AI-enabled personalized spinal implant company.
In January B Capital announced the close of Growth Fund III and affiliated funds with aggregate capital commitments of approximately $2.1 billion. With these fund closes, B Capital’s total assets under management are approximately $6.3 billion. Read more.
