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Arkin Digital Health and Fusion Fund Launch Program to Accelerate Digital Health Startups

Fusion Fund

Arkin Digital Health and Fusion Fund have announced the launch of a new program, combining a rapid investment track and an accelerator to empower promising digital health startups.

The program aims to invest in 10 new startups this year, offering early-stage investment of up to $500k through a SAFE model, eliminating the need for a formal valuation—a significant advantage compared to typical angel investments of $100k-150k. 

Beyond the capital, the program provides a support system modeled after Fusion Fund’s seven-year program, specifically adapted for the digital health sector. This includes a roadshow to New York and Boston to forge connections with key players, tailored content addressing the challenges of launching digital health ventures, and mentorship customized to each startup’s specific needs.

The program prioritizes ventures in areas where traditional accelerators are scarce and expertise in the US market is limited.

Arkin Digital Health is a dedicated digital health fund located in Israel and NY and part of the Arkin Group, a healthcare and life science investment firm operating for more than 15 years with $2Bn AUM. Among its portfolio: Nest, Rhino Health, Edocate, Laguna, and Eleos Health. 

The Fusion fund and accelerator program, established seven years ago by Guy Katsovich and Yair Vardi, manages investments of $30 million and has already invested in a number of digital health ventures such as DigitalOwl, Behavidence, Feminai and MSICS Pharma. 

VCWire

16/04/2024