OSF Ventures: Launches $100M Third Venture Capital Fund

OSF Ventures Launches $100M Third Venture Capital Fund

  • OSF Ventures, a Peoria, IL-based venture capital firm, launched its third fund
  • The $100m fund will be used to continue a strategy that links investments to key priorities of improved patient care, outcomes and greater operational efficiency
  • The third fund brings total assets under management in the venture program to $250 million
  • OSFVentures is part of the Innovation strategy of OSF HealthCare, a 15-hospital system in Illinois and Michigan
  • Investments are focused on digital solutions, tech-enabled services and medical technology, including medical devices, diagnostics and therapeutics
  • The corporate investment arm of OSF HealthCare has made 26 direct investments to-date, plus it has invested in three health care-focused venture capital funds
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...