Some heavy hitters in the healthcare and pharma industries—HCA Healthcare, Eli Lilly and the American Hospital Association—are backing a new venture fund to invest exclusively in Black-founded and -led healthcare startups, Fierce Healthcare reports.
Nashville, Tennessee-based Jumpstart Health Investors (JHI) raised $55 million for its new Jumpstart Nova venture fund, oversubscribing the initial $30 million goal. The fund will invest exclusively in Black founder-led healthcare companies across health IT, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness. Read more.
