7Health Ventures,, a new venture capital fund founded by Dr. Dalia Megiddo, announced on Monday that it has raised $70 million for investing in medical technologies.
7Health Ventures will invest in 12 companies, ranging from seed-stage to more advanced stages and will focus on companies that address significant medical needs, such as heart disease, obesity and neurological diseases.
The fund will collaborate with leading international medical device companies as well as leading international academic research centers. The fund's investors are headed by Ms. Ruth Wertheimer.
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