Johnson & Johnson Innovation – JJDC joined as a new corporate investor in the fourth Gilde Healthcare fund. Another strategic investor, Royal Philips ($PHG), was a cornerstone investor in the new fund; it had invested in the firm's prior fund as well. The €250 million ($285 million) later stage and growth capital fund will be invested in private companies in med tech, digital health and therapeutics across Europe and North America. Gilde's portfolio companies include digital pathology image analysis company Definiens, portable oxygen concentrator player Inovalabs and neuromodulation startup Sapiens, which is focused on deep brain stimulation for Parkison's disease patients. Other fund investors included fund-of-funds, sovereign funds such as Danish Growth Fund, endowments, family offices, entrepreneurs and Gilde partners. The European Investment Fund also participated. More
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