Octopus Ventures announces new healthtech team and €112.5 million global fund
Octopus Ventures today announced boosting its health tech offering with a new team and a new approx. €112.5 million institutional global fund, in order to take advantage of the health tech market opportunity. The team will manage the proposed fund, which is targeting around €112.5 million to invest in early-stage health tech businesses. The fund aims to accelerate healthcare technology into global health systems and directly to consumers that need better access to healthcare. Commenting on the news, Alliott Cole, Co-CEO of Octopus Ventures, said: “COVID-19 has doubled the pace of growth in healthcare technology.