LBO France launches new Digital Health 2 fund

LBO France partner Valéry Huot confirmed that Digital Health 2 fund was launched and that its first close is expected for H2 2018.

Venture partner Philippe Chambon and director Sébastien Woynar recently joined LBO France's venture team to support the fundraising of Digital Health 2 fund.

Investors
The GP is building on its experience with its predecessor fund, Service Innovation Santé et Autonomie (SISA), which closed on €70m in early 2017. The vast majority of existing LPs of SISA are expected to recommit to Digital Health 2. LPs were largely French institutional investors, including BPI France, Malakoff Médéric, Klesia, Ircem, OCIRP, Harmonie Mutuelle, Réunica and Humanis.

LBO France will also target investors from the rest of Europe.

Investments
Digital Health 2 fund will target startups generating a €1-10m turnover. Equity tickets of up to €15m will be provided by the vehicle. The startups are likely to be located in Spain, Italy, France, Switzerland, Germany, the Netherlands, Belgium, the UK, Sweden, Norway and Finland.

The fund will focus exclusively in startups operating a technology that contributes to the digitalisation of the health sector. However, implantable medtech will be excluded.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• Funds
• Venture
• France
• LBO France