Displaying items tagged: Spectrum Health Ventures LLC
Two exits provide momentum for VC firm The 4100 Group
Two recent exits involving portfolio companies create momentum for the investment arm of dental insurer Delta Dental of Michigan.
Diversity-focused VC fund garners widespread attention, even before making initial investment
GRAND RAPIDS — The West Michigan venture capital fund that intends to invest in growing, minority-owned businesses has garnered attention from interested parties who want to replicate the model elsewhere in the U.S.
GR-based VC fund targeting minority-owned companies raises $8.5M in first year
GRAND RAPIDS — The venture capital fund formed a year ago in Grand Rapids to invest in minority-owned businesses has netted $8.5 million in commitments from investors and aims to hit $10 million this year.
Grand Rapids venture capital fund secures millions for minority-owned companies
A Grand Rapids-based venture capital fund that will invest nationally in companies owned by minorities has secured commitments now totaling $6.25 million, with potentially millions more on the way.
New diversity-focused VC fund seeks $5M locally before making national pitch
GRAND RAPIDS — A new venture capital fund to invest in businesses owned by racial and ethnic minorities looks to secure financial backing locally before reaching out nationally for investors.
Health tech firms address emerging needs brought on by COVID-19 pandemic
The COVID-19 pandemic and resulting emerging market needs gave opportunity to two Grand Rapids-area health care technology companies.
Spectrum Health venture capital arm adds ‘buy local’ focus
GRAND RAPIDS — Spectrum Health Ventures LLC’s latest investment follows a new corporate strategy from its parent health system to buy locally more often.
Spectrum Health Ventures invests in eVideon Inc.
Spectrum Health Ventures LLC’s latest investment went to a Grand Rapids tech company that provides an in-room, interactive platform to give information for hospitalized patients.
Spectrum Health Ventures invests in care planning startup
GRAND RAPIDS — Spectrum Health Ventures LLC was among the lead investors that invested $10.3 million in Vynca Inc., a Palo Alto, Calif.-based provider of advanced care planning.
LEARNING TO CRAWL: Spectrum Health Ventures stakes out space in health care investing
GRAND RAPIDS — Two years ago, the venture capital arm that health system Spectrum Health formed to back innovative health care startups had to go looking for deals because nobody in the field knew it existed. Today, Spectrum Health Ventures LLC faces a much different situation. Investment prospects now often come from referrals by other large health systems across the U.S. that also operate venture capital arms and want co-investors for deals.
By joining generic drug consortium, Spectrum Health hopes to avoid price spikes
GRAND RAPIDS — Spectrum Health joined a consortium of large health systems across the U.S. as way to reduce the cost and ensure the availability of generic medications. Through the nonprofit Civica Rx, the Grand Rapids-based health system hopes to cut by 20 percent or more the cost of generic drugs used in surgeries and patient treatments.
Spectrum Health to take more active role in supporting, funding medical innovations
GRAND RAPIDS — A new business arm gives Spectrum Health the ability to delve deeper into commercializing medical innovations alongside other health systems across the nation.
Spectrum Health joins investors in new $100 million health care 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.
Spectrum Health commits $100 million to innovation investments
GRAND RAPIDS — By creating a $100 million venture capital arm, Spectrum Health joins the ranks of U.S. health systems that invest money in companies developing new ways to treat patients and maintain health.
Spectrum Health forms VC fund to invest up to $100M in health care companies
Spectrum Health has formed a new venture capital fund that could invest up to $100 million into health care-related companies over the next decade, MiBiz has learned.