Singapore's Verge HealthTech fund closes maiden vehicle at $7.6m

Singapore's Verge HealthTech fund closes maiden vehicle at $7.6m

Photo: National Cancer Institute / Unsplash

Verge HealthTech, a Singapore-based investment firm that targets health tech startups, has closed an over S$10 million ($7.4 million) maiden vehicle recently, the fund’s managing partner Joseph Mocanu told DealStreetAsia. “We closed S$10.2 million ($7.6 million) late last year,” he said.

Senior healthcare executives, successful entrepreneurs, business owners, and a few family offices have committed to the fund, according to Joseph. “They invest mostly in digital health, medical-grade IoT sensors, and diagnostic technologies.”

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