TLDR:
- eHealth Ventures launched a fast-track pre-Seed investment program for health tech companies
- Companies will receive a response within 3 weeks and potentially receive an investment of up to 3.5 million NIS within 3 months
eHealth Ventures, a venture capital fund specializing in early-stage health tech startups, announced the launch of a fast-track pre-Seed investment program for companies in the sector. The program aims to provide quick answers to applicants within three weeks and the possibility of receiving an investment of 3 million to 3.5 million NIS ($800,000-$930,000) within three months. Companies selected for investment will join the incubator operated by eHealth Ventures in collaboration with the Israel Innovation Authority, where all portfolio companies operate. The fast-track program was developed in response to a significant decline in investments in the digital health and life sciences sectors in 2023 and 2024. This decline, as reported by PwC and the Israel Advanced Technology Industries (IATI), led to a 50% drop in capital raising and a decrease in newly established companies.
eHealth Ventures, founded in 2016, has reviewed approximately 1,800 startups in the health tech field and invested in 35 companies. The fast-track program aims to shorten the fundraising process by approximately 50% compared to the typical 6 to 9 months. Talor Sax, Managing Partner at eHealth Ventures and CEO of the incubator, stated that the program was launched to address the challenges faced by Israeli entrepreneurs in raising capital during difficult times and to support innovative ideas in the digital health sector. The investment provided through the fast-track program is intended to give these ideas the necessary resources and support for success. Interested entrepreneurs are encouraged to apply promptly to take advantage of this opportunity.
