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Schneider Children's Hospital Launches Venture Fund for Pediatric Innovations

Translated & summarized from NEWSru Israel by baba

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Schneider Children's Medical Center has launched Schneider Children's VC, a venture fund focused on pediatric healthcare innovations. The fund has raised $20 million and plans to reach $50 million, having already invested in three companies. Key investors include the hospital, Clalit Health Services, and the Dor Group. The fund will leverage the hospital's clinical base and Clalit's data for evaluating technologies.

The story in 5 lines · by baba

Schneider Children's Medical Center has launched a venture fund for pediatric healthcare innovations.
The fund, Schneider Children's VC, has raised $20 million and aims for $50 million.
It has already invested in three companies, with stakes between $500,000 and $3 million.
Key investors include Schneider Children's Hospital, Clalit Health Services, and the Dor Group.
The fund will utilize the hospital's clinical resources and Clalit's data for technology assessment.

Schneider Children's Medical Center, part of the Clalit Health Services network, has established a venture capital fund named Schneider Children's VC. The fund is dedicated to investing in innovations within pediatric healthcare. It has already secured approximately $20 million in its initial closing, enabling it to commence investments, with a target of reaching $50 million. The fund has already invested in three companies, with individual investments ranging from $500,000 to $3 million. Key investors include Schneider Children's Hospital, Clalit Health Services, the Dor Group, and the fund's Managing Partner, Ronen Gadot. Although structured independently from the hospital, Schneider and Clalit are partners in the fund. This partnership provides the fund with access to the hospital's clinical resources for technology evaluation and Clalit's data.

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