Black Opal Ventures Raises $58M Fund for Healthcare Investments

Black Opal Ventures, founded by managing directors Dr. Tara Bishop and venture capitalist Eileen Tanghal, announced their inaugural health-tech fund has raised $58M to date.

Since its first closing in February 2022, the fund continues to raise capital from Eli Lilly and Company, Bank of America, Atlantic Health System Venture Studio, J.P. Morgan Asset Management’s Project Spark, New Summit Investments, Illumen Capital, Henry Ford Health, Women of the World Endowment, and Global Corporate Venturing.

BOV believes this capital infusion will empower innovative early-stage companies at the intersection of healthcare and technology, heralding a new era of transformation in the healthcare industry. Read more.

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