Here are five moves from health system VC arms Becker’s has covered since Nov. 14:
- Intermountain Ventures, the venture capital arm of Salt Lake City-based Intermountain Healthcare, joined a $90 million series E funding round for virtual care provider Maven Clinic.
- Kaiser Permanente Ventures, the VC arm of Oakland, Calif.-based Kaiser Permanente, led a $12 million funding round for Validic, a digital health company focused on remote patient monitoring.
- TGH Innoventures, Tampa (Fla.) General Hospital’s innovation center and venture fund, joined in a $27 million financing round for Medical Informatics Corp., a virtual care and analytics company.
- Cancer Focus Fund, a venture capital arm of Houston-based University of Texas MD Anderson Cancer Center, joined a $25 million series A funding round for Nectin Therapeutics, which develops novel immunotherapies.
- Ochsner Ventures, the venture capital arm of New Orleans-based Ochsner Health, is participating in a $113 million venture fund in Louisiana. The funding came from the U.S. Treasury Department’s State Small Business Credit Initiative to invest in high-growth startups.
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