Intuitive, a business focused on robotic-assisted surgical innovation, released an equity capital fund Oct. 27 to buy digital health business.
1. User-friendly Ventures inaugural fund is $100 million and will invest in business focused on digital tools, accuracy diagnostics, focal rehabs and platform innovations.
2. The fund aims to support early stage companies related to minimally invasive care. The fund will supply resources and guidance for portfolio business.
3. Julian Nikolchev will lead the fund as president of Intuitive Ventures. He has more than 30 years of experience developing and advertising healing medical devices and will continue to function as senior vice president of business development and method at Intuitive Surgical.
4. Oliver Keown, MD, co-founded the fund and will be a director at Intuitive Ventures. He has previous experience as an investor at GE Ventures.
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The fund intends to support early stage companies related to minimally intrusive care. The fund will supply resources and guidance for portfolio business.
Julian Nikolchev will lead the fund as president of Intuitive Ventures.