Spectrum Health Commits $7.5 Million To Back Health Care Tech VC Fund

Spectrum Health Commits $7.5 Million To Back Health Care Tech VC Fund

GRAND RAPIDS — Spectrum Health has committed $7.5 million to a new Chicago-based venture capital fund that backs emerging heath care technologies.

The commitment to invest $2.5 million annually over three years into 7wire Ventures’ Connected Consumer Health Fund comes from Spectrum Health Ventures LLC, the $100 million venture capital fund the health system formed in early 2017.

By investing in 7wire Ventures and joining a coalition of eight health systems and insurers, Spectrum Health Ventures looks to leverage its capital as well as tap into a national network and expertise to scout for prospective deals.

To read the rest of the story, click on https://mibiz.com/item/25832-spectrum-health-joins-investors-in-new-?utm_source=newsletter_8308&utm_medium=email&utm_campaign=small-biz-tramec-sloan-acquires-fleet-engineers

By | 2018-06-07T20:08:22+00:00 June 7th, 2018|Featured, Life Sciences|

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