GE Healthymagination Fund

Corporate VC Illinois, United States ·Founded 2009

Overview

The GE Healthymagination Fund is a corporate venture capital fund established by General Electric (GE) to invest in innovative healthcare companies. Its mission is to improve the quality, access, and affordability of healthcare worldwide by supporting emerging companies with promising technologies and business models. The fund is part of GE's broader healthymagination initiative, a $6 billion commitment launched in 2009 to address global health challenges through innovation. The fund focuses on three primary areas: broad-based diagnostics, healthcare information technology, and life sciences. Investments target technologies such as imaging, home health, patient monitoring, molecular diagnostics, pathology, novel imaging agents, electronic medical records, clinical information systems, and tools for drug discovery and biopharmaceutical manufacturing. By leveraging GE's extensive resources, including GE Healthcare, GE Capital, and GE Global Research, the fund aims to accelerate the development and adoption of these technologies globally. Since its inception, the GE Healthymagination Fund has made several notable investments, including in NanoString Technologies, a company specializing in molecular diagnostics, and C8 MediSensors, a developer of non-invasive continuous glucose monitors. These investments align with the fund's strategy to support companies that can significantly impact healthcare delivery and outcomes. Through these efforts, the fund continues to contribute to GE's vision of transforming healthcare through innovation and collaboration.

Investment Focus

  • Innovative healthcare technologies
  • Scalable business models
  • Alignment with GE's healthymagination initiative

Portfolio Companies

NanoString TechnologiesC8 MediSensors

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Frequently asked questions about GE Healthymagination Fund

What sectors does GE Healthymagination Fund invest in?

GE Healthymagination Fund invests in Healthcare, Life Sciences, Pharmaceuticals, Medical Devices, Diagnostics and Biotechnology, and is based in Illinois, United States. GE Healthymagination Fund is listed as a corporate vc in the ConnectSafely investor database.

What stage does GE Healthymagination Fund invest at?

GE Healthymagination Fund backs companies at Early Stage and Growth, writing cheques of 1M - 50M.

Which regions does GE Healthymagination Fund invest in?

GE Healthymagination Fund invests across United States, Australia, Europe, Asia, Middle East and North Africa.

What companies has GE Healthymagination Fund invested in?

GE Healthymagination Fund's portfolio includes NanoString Technologies and C8 MediSensors.

Last updated · Source: ConnectSafely investor database