HIT Consultant October 24, 2024
What You Should Know:
– General Catalyst (GC), a global venture capital firm, has announced a significant milestone with the raise of $8B in new capital consisting of $6B for GC’s latest fund – Fund XII – and $2B in separately managed accounts)..
– The substantial investment will accelerate GC’s mission to advance health assurance and drive transformative innovations across various sectors, including AI, healthcare, and global resilience.
$750M Allocated to Health Assurance Fund
A key focus of this new Fund XII is health assurance, with $750M allocated to the Health Assurance Fund. GC has been a strong advocate for proactive, resilient, and equitable healthcare, partnering with innovative companies like Sword Health, Overjet, and Aidoc. Central to GC’s health...
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