Ventures
An older doctor sits in front of screens showing diagnostic imaging

maijs 17, 2018

Philips invests $10 million in Cardeation Capital to combat heart disease

Estimated reading time: 1 minute

Share on social media

  • https://www.philips.lv/healthcare/innovation/philips-ventures/news/philips-invests-in-cardeation-capital Link copied

Contact

New venture capital fund focuses on improving care for heart disease and stroke

 

Rates of cardiovascular disease are rising and costs are approaching $1 trillion annually in the United States. To ensure that effective innovations are rapidly introduced into the healthcare system, Philips, the American Heart Association and UPMC have partnered to create the $30 million Cardeation Capital venture capital fund.

 

The new fund will invest in emerging healthcare companies that can measurably affect the prevention and treatment of cardiovascular diseases and stroke — and their risk factors, such as diabetes. Cardeation Capital’s investors will fund best-in-class technology companies with scalable products and services that address healthcare delivery and health management.

Related insights

Want to become a start-up partner with Philips Ventures?

Contact information

* This field is mandatory

*
*
*
*
*

*
*
*
 
Changing healthcare

Together, we’re changing healthcare

Philips Ventures champions innovative start-ups with breakthrough solutions.

You are about to visit a Philips global content page

Continue

You are about to visit a Philips global content page

Continue

Our site can best be viewed with the latest version of Microsoft Edge, Google Chrome or Firefox.

Jūs ieejat Latvijas Philips Healthcare tīmekļa vietnē.
Please select the checkbox

Tīmekļa vietne ir paredzēta tikai personām, kuras izmanto medicīniskās ierīces kā profesionāļi, tostarp personām, kas praktizē medicīnas profesijās, personām, kas darbojas veselības aprūpes iestāžu labā vai organizācijām, kas tirgo medicīnas ierīces kā profesionāļi.

Vai esat persona, kas atbilst iepriekš minētajiem kritērijiem?