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How Pitango VC Is Planning to Invest Its New $175M Health Tech Fund – MedCity News

How Pitango VC Is Planning to Invest Its New $175M Health Tech Fund – MedCity News

Pitango Venture Capital, one of the largest venture capital firms in Israel, announced on Wednesday the closing of a new $175 million healthcare fund. The fund, named Pitango HealthTech II, is a sequel to Pitango’s first healthcare-dedicated fund — which launched in 2019 and stopped making investments at the end of last year, though it continues to make follow-up investments in its portfolio companies. With Pitango HealthTech II, the firm plans to build a portfolio of approximately 15 new companies over a period of three to four years, Managing Partner Ittai Harel said in an interview.The new fund is focused primarily on… 

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