The London-based VC firm Octopus Ventures is renowned for launching notable funds over the years. Back in 2019, the company launched a €96.3M growth fund and now, it Intends to raise €112M to invest in early-stage health tech, with Octopus Group as a cornerstone investor. The firm is also bringing in new team members from TenX Health to leverage their experience and network in the digital healthcare space.
Raising €112M to invest in early-stage health tech companies
Octopus Ventures is one of the most active VCs in Europe, and the company looks to launch a new €112M institutional global fund to take advantage of the current opportunity presented by the health tech market. Joe Stringer, Dr Pooja Sikka and Shamik Parekh from TenX Health join Octopus Ventures to add experience and bring in their broad network of connections from the digital healthcare space. Stringer and Sikka were formerly founding members of EY Ventures, leading the health and social care portfolio.