New €100m fund launches to transform health systems in wake of pandemic

A newly created VC firm, Lauxera Capital Partners, has raised €100m for a growth and buyout fund aimed at funding healthtech companies that have thrived in the wake of Covid-19.

Lauxera was founded last year and is based in Paris and San Francisco — so the firm’s looking to fund startups in both the EU and the US with cheques ranging from €10 to €20m. 

Lauxera’s fund has already invested in one software service for a German-American hospital — a company which uses augmented reality to try and reduce complications that arise during surgery.

Source: sifted.eu