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Philips HealthWorks

Corporate VC Netherlands ·Founded 2017

Overview

Philips HealthWorks is the corporate venture capital arm of Philips, dedicated to investing in and collaborating with healthcare startups to accelerate innovation in the health technology sector. By leveraging Philips' extensive resources and expertise, HealthWorks aims to support the development of groundbreaking solutions that can transform personal and professional healthcare worldwide. The program offers a unique and intensive 90-day accelerator designed to help startups build, test, and scale their ideas. Participants receive customized support, including access to Philips' global network of experts, investors, and healthcare partners, as well as world-class technology platforms tailored for the healthcare industry. This comprehensive approach enables startups to navigate risks and expedite their journey to market. Philips HealthWorks operates in key locations, including Amsterdam and Eindhoven in the Netherlands, Cambridge, Massachusetts in the United States, Bangalore in India, and Shanghai in China. These hubs provide startups with access to diverse markets and a broad spectrum of expertise, fostering a collaborative environment that drives the future of healthcare innovation.

Investment Focus

Innovative healthcare solutions
Scalable business models
Alignment with Philips' strategic interests

Portfolio Companies

HealthifyMeMedeAnalyticsRedoxHealth GorillaHealthcrowdQventusMedisafeHealthLoopMEDUMOHealthifyHealthTap

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Frequently asked questions about Philips HealthWorks

What sectors does Philips HealthWorks invest in?

Philips HealthWorks invests in Healthcare, Digital Health, Medical Devices, Diagnostics, Biotechnology and Health Services, and is based in Netherlands. Philips HealthWorks is listed as a corporate vc in the ConnectSafely investor database.