TLDR:
- SCI Ventures has unveiled a venture philanthropy fund with $27 million, expecting to close on $40 million by the end of the year.
- The London-based fund aims to make strategic investments in healthcare companies in the UK.
SCI Ventures, a London-based venture philanthropy fund, has announced the launch of a new fund with an initial amount of $27 million. The fund is focused on making strategic investments in healthcare companies in the UK. It is anticipated that the fund will reach a total of $40 million by the end of the year, further expanding its investment scope in the healthcare sector.
The fund aims to support and empower innovative healthcare companies that are driving positive change in the industry. By providing both financial resources and strategic guidance, SCI Ventures hopes to contribute to the growth and success of these companies. Through its venture philanthropy approach, the fund seeks to make a meaningful impact on the healthcare sector in the UK.
With the increasing demand for innovative solutions in healthcare, the launch of SCI Ventures’ venture philanthropy fund comes at a crucial time. By focusing on strategic investments and partnerships, the fund aims to foster growth and innovation in the healthcare industry, ultimately benefiting patients and communities across the UK.
