BlueHealth Innovation Fund

BlueHealth Innovation Fund is a Belgian venture capital firm dedicated to supporting innovative health tech startups that aim to enhance patient care and outcomes. The fund collaborates closely with imec.istart, a leading tech accelerator in Belgium, to identify and invest in promising health technology ventures. By co-investing with imec.istart, BlueHealth Innovation Fund helps mitigate risks for both entities and provides comprehensive support to emerging companies in the health tech sector.

The fund primarily focuses on seed and early-stage investments, offering €50,000 in funding to startups developing digital products and applications for healthcare and well-being. This investment is typically in the form of equity participation or convertible loan notes. The fund's geographical focus is on Belgian startups, with a preference for companies that can demonstrate a connection to Belgium.

Established in 2017, BlueHealth Innovation Fund is a private risk capital provider with no fixed end date. Its shareholders include Cronos Groep NV, UCB, Universitair Ziekenhuis Antwerpen, and In4care. The fund's size increases annually by €200,000, allowing for four investments per year. This growth reflects the fund's commitment to fostering innovation in the health tech sector and supporting the development of solutions that can transform healthcare delivery and patient outcomes.