Royal Philips Electronics, a Netherlands-based technology conglomerate, has become a minority limited partner in local private equity firm Gilde’s third healthcare fund in the first anchor commitment to a venture capital group.
Gilde Healthcare III is raising €200m ($250m) to invest in early and growth stage healthcare technology companies in Europe and the US. Its second fund closed at €85m in 2006 with a final target of €125m primarily for European investments.
Steve Rusckowski, chief executiveof Philips Healthcare (pictured), said…
