With backing from Thiel, Recharge Capital launches $200M women’s health investment vehicle
https://techcrunch.com/2023/06/15/recharge-capital-womens-health-investment-vehicle/
Demand for IVF is growing worldwide, but only 1% of healthcare research is invested in female health conditions. Recharge Capital wants to bridge the gap with a new investment vehicle totaling $200 million. It will focus on creating women’s health and fertility care ecosystems in Southeast Asia, Latin America, Europe and the Middle East through investments and roll-ups, including digital healthcare platforms and local clinics.
Today, the New York-based venture firm announced the closure of its first tranche with funding from investors like Peter Thiel, the Olayan Group, Blue Lion Group, the Al Rashid family of the Salmira Investment Fund, the Disney family’s Shamrock Holdings, the Ozmen family of the Sierra Nevada Corporation, Hedosophia’s Ian Osborne and Lovett’s Frank Liu.