Philips Health Technology Ventures
Investment Details
Investor Type
Corporate VC
Asset Class Focus
Venture Capital
Stage Focus
Seed, Early Stage, Series A, Series B, Growth
Geographical Focus
United States, United Kingdom, Canada, Germany, Japan, Australia, China, India, Brazil, France, Italy, United Arab Emirates, Spain, Mexico, South Korea, Saudi Arabia, Turkey, Netherlands, South Africa, Russia
Industries Focus
- Technology
- Healthcare
- Digital Health
- Pharmaceuticals
- Medical Devices
- Diagnostics
- Biotechnology
- Health Services
- Medical Equipment
- E-health
- Health IT
- Telemedicine
- Wearables
- Medical Imaging
- Health Data Analytics
Investment Size:
2,000,000 to 5,000,000 USD
Investor Details Founded: 2016
Philips Health Technology Ventures is the corporate venture capital arm of Philips, focusing on early- and growth-stage investments in health technology companies that address unmet needs aligning with Philips' business areas. The team operates globally, with hubs in Eindhoven, Amsterdam, Cambridge, Massachusetts, Bangalore, and Shanghai, collaborating with entrepreneurs worldwide to drive innovation in healthcare.
The investment strategy emphasizes partnerships with companies that have well-rounded and experienced founding teams, offering initial investments ranging from $2 million to $5 million USD. These investments target companies at the Series A/B stage, aiming to validate product propositions and scale operations. The sectors of interest include digital health, medical devices, diagnostics, and other health technology domains.
Philips Health Technology Ventures has a track record of over 10 direct digital health investments and more than 20 business-sponsored collaborations, resulting in new solutions across Philips' product portfolio. The team is committed to being active champions for their startup collaborators, fostering long-term commercial relationships and supporting the growth of innovative healthcare solutions.
Requirements
- Well-rounded and experienced founding team
- Seed level and above, to Series B
- Clearly defined and validated solution
- Regulatory pathway completed or in progress
- In-line with Philips focus areas
- Proximity to relevant Philips sites supports collaboration
Contact
[Official Website Hidden]
[HQ Location Hidden]
Portfolio Companies
- Mytonomy
- Carevive
- Orbita
- BioIntelliSense
- CareTaker Medical
- LeQuest
- Babyscripts
- LindaCare
- Siilo
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