Heritas Capital brings out healthcare playbook as it bets on sustained tech adoption
Source: Olga Kononenko/Unsplash
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Private equity and venture capital investor Heritas Capital is betting that disruptions caused by the pandemic will have re-shaped behaviour to sustain the digitalisation of healthcare and education systems.
The Singapore-based investment arm of shipping and industrials group IMC Group recently launched its second venture fund (Heritas Venture Fund II) with a target corpus of $30 million to back about a dozen startups in the health tech, edtech, and foodtech sectors.
It is also launching a $150-million private equity growth fund, Heritas Growth Fund III, to invest in businesses that will include later-stage tech companies.