Fierce Biotech December 4, 2023
Three years after launching with a first fund of $100 million, Intuitive Surgical’s venture capital arm has gone even bigger with its second funding pool.
The aptly named Fund II has closed with $150 million in new VC dollars to dole out, Intuitive Ventures said in a Monday announcement.
Like its predecessor, the second fund has been earmarked to help back startups that are building new technologies dedicated to improving minimally invasive approaches to healthcare, spanning devices, diagnostics, software and therapeutics. Specifically, according to the announcement, Fund II investments will focus on companies that are aiming to improve access to care, building new precision diagnostics and other interventional technologies and developing secure digital ecosystems around using health data to improve...
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