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Full coverage· Economy· Updated

Schneider Children's Hospital Launches Venture Fund for Pediatric Innovations

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.

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What happened

  1. 01Schneider Children's Medical Center has launched a venture fund for pediatric healthcare innovations.
  2. 02The fund, Schneider Children's VC, has raised $20 million and aims for $50 million.
  3. 03It has already invested in three companies, with stakes between $500,000 and $3 million.
  4. 04Key investors include Schneider Children's Hospital, Clalit Health Services, and the Dor Group.
  5. 05The fund will utilize the hospital's clinical resources and Clalit's data for technology assessment.

The fund will leverage the hospital's clinical base and Clalit's data for evaluating technologies.

Translated and summarized by baba from NEWSru Israel, the latest report. Read NEWSru Israel’s original

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