The US cardiovascular health research and public awareness nonprofit has launched a fund for startups tackling women's health conditions.
The American Heart Association (AHA), a US cardiovascular health nonprofit, has launched a $75m fund called the Go Red For Women Fund, according to a Femtech Insider report. It will target startups working on treatments for heart disease, stroke, kidney and metabolic conditions, mental health and Alzheimer’s disease.
It will mainly be focused on US companies but will consider global opportunities as well. It will target series A and B investments with an initial check size of between $2m and $3m, with the potential for total funding of between $6m and $7m.
The Dallas, Texas headquartered organisation was founded in 1924. It funds medical research in cardiovascular health and publicly campaigns to educate the public on the topic.
It announced plans for the Go Red For Women Fund in June, saying it had provided $40m of the funding and received another $15m from a donor.
In 2023, the AHA created an investment unit called American Heart Association Ventures. In October, it invested $1m in MDisrupt, maker of an AI-powered health expert marketplace, where medical professionals advise companies on how to build products.
