Key Highlights
- Intuitive Ventures announces the close of $150 million for Fund II, focusing on startups redefining minimally invasive care.
- The fund targets three investment areas: improving access and coordination, precision diagnostics and interventions, and secure, enriched digital ecosystems.
- Gary Guthart, CEO of Intuitive Surgical, praises the Ventures team for their role in fostering innovation and guiding portfolio companies.
- This new fund follows the success of their inaugural $100 million fund, which invested in over 10 transformative startups.
- Murielle Thinard McLane, with over 20 years of experience, steps in as the new Managing Partner and Head of Intuitive Ventures, succeeding Oliver Keown MD.
Source: Business Wire
Notable Quotes
- “We are proud of the strides achieved by the Ventures team over the past three years. They have been instrumental in accelerating innovation in minimally invasive care and diligent in advising their portfolio companies. The Ventures team is a key member of our Future Forward group, who identify and foster innovations in minimally invasive care. Fund II deepens Intuitive’s commitment to the broad ecosystem of innovators working to improve patient outcomes” – Gary Guthart, CEO at Intuitive Surgical
- “It’s an honor to lead Intuitive Ventures in this next stage of growth, and continue to develop our portfolio of transformative companies and high-quality investment partners.” – Murielle Thinard McLane, Managing Partner and Head at Intuitive Ventures
SoH's Take
The establishment of Intuitive Ventures’ $150 million Fund II is a significant milestone in the advancement of minimally invasive care. This initiative not only reinforces Intuitive Surgical’s leadership in the MedTech sector but also underscores the increasing importance of innovative approaches in healthcare. The focus on areas such as precision diagnostics, digital health ecosystems, and accessibility reflects a deep understanding of the evolving needs in medical care. With Murielle Thinard McLane at the helm, the fund is poised to catalyze impactful changes, potentially leading to more efficient, patient-centric, and accessible healthcare solutions. This strategic move highlights the growing trend of leveraging technology to enhance healthcare delivery, setting a new benchmark in the industry.
