![]() ![]() Read more: A former Kleiner Perkins investor is staking out the future of digital health. "We've had well-timed investment cycles," Chou O'Keefe said "But the activity has increased, overall, post-COVID." The new fund's timing, coming after a record-setting year of private investment in healthcare startups, was purely coincidental and on track with the typical two-year fundraising cycle at most firms, she said. The early-stage firm will continue making new investments in companies in the incubation stage all the way up to Series B, Chou O'Keefe told Business Insider. One of digital health's only early-stage venture firms just raised a fresh tranche of funding to help the youngest startups get off the ground during a pivotal year for the industry.ĭefine Ventures raised $200 million for its latest fund, the second since it was founded by ex-Kleiner Perkins investor Lynne Chou O'Keefe in 2018. For more stories like this, sign up here for Business Insider's daily healthcare newsletter.Chou O'Keefe is also eager to back young companies like Lightship, a startup that runs decentralized clinical trials, that create products and technology for end-to-end processes.Founder Lynne Chou O'Keefe told Business Insider she was eager to invest in companies that were authentic, like Folx, meaning their founders are part of the communities the companies hope to serve.The firm, which has backed startups like Folx and MedArrive, will continue to support early-stage digital health companies with its newest fund.Define Ventures, an early-stage healthcare VC firm, raised $200 million for its second fund on Tuesday. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |