THENA Capital, a London-based venture capital firm specializing in early-stage medical technology, has launched its inaugural Fund I with a first closing at £27M. The fund aims to support UK startups in digital healthcare and fast-track medical devices, particularly focusing on areas such as chronic conditions and mental health. Significant backing includes a cornerstone commitment of £30M from the British Business Bank, emphasizing their strategy to foster innovation and female entrepreneurship in the sector. THENA was founded by three veterans in healthcare to enhance the development of transformative companies.
THENA Capital has successfully launched its Fund I with a notable first close of £27M, backed by significant commitments from various investors including British Business Bank.
The British Business Bank's substantial commitment reinforces its strategic goal of supporting innovative startups in the healthcare sector, highlighting the importance of backing female-led investment teams.
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