General Catalyst managing partner Hemant Taneja has $600 million to invest in health startups. (General Catalyst declined to name those investors, but one hospital system with which it’s previously partnered is Philadelphia-based Jefferson Health.) General Catalyst has also worked on three special purpose acquisition companies, or SPACs, recently, including a $500 million healthcare SPAC and a $500 million one focused on the intersection of pharmaceuticals and digital health. Joining Taneja in the healthcare fund is Chris Bischoff, a healthcare investor based in London who joined General Catalyst from Kinnevik AB in February. (Bischoff had co-invested with General Catalyst before, in Livongo and primary care business Cityblock, which recently raised $192 million.)

Source: Forbes April 01, 2021 16:07 UTC