Neusoft has partnered Infinity to establish an investment vehicle aimed at helping medical technology startups from Israel boost their business in China.
IT company Neusoft has joined forces with private equity fund Infinity Group to create a $250m fund targeting Israel-based medical technology startups that want to operate in China, Globes reported yesterday.
China-headquartered Neusoft will support the expansion of the fund’s portfolio companies by providing access to a cloud-based platform it is currently developing, which will offer access to China’s Food and Drug Administration and facilitate connections with potential end-user customers.
The $250m fund is expected to be invested over the…
