About
The Innovation Fund was created in 2007 by Brigham and Women's Hospital and Massachusetts General Hospital to address a growing unmet need for funding emerging technology in the capital gap between invention and product development. The main objective of the fund is to accelerate to market technologies developed by Partners HealthCare investigators, thereby enhancing healthcare quality, cost and outcomes. Structured as a separate LLC entity, the $35M Fund is evergreen in design and will reinvest all gains from investments back into the Fund to create capital for additional investments. Investment decision oversight is provided by an independent external committee composed of experts from industry, venture capital and academia. The Fund operates on a venture capital model whereby opportunities are rigorously evaluated on the basis of scientific strength as well as potential for commercial success. The Fund has four major goals: * Capture more value from the PHS research portfolio b
Investment Focus
- Sectors
- healthtech
- Location
- Boston, US
Contact Information
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