NGT HealthCare II Impact Fund has raised a $92m fund with T3 and Hadassit joining as strategic partners.

NGT HealthCare II Impact Fund, an Israel-based venture capital firm focused on healthtech developers, has raised a $92m vehicle to invest in university spinouts and corporate spinoffs, with the tech transfer offices of Technion and Hadassah Medical Center both joining as strategic partners, according to Calcalist.

The fund will in particular focus on Arab entrepreneurs. It follows the firm winning a tender from government agency Israel Innovation Authority to run an incubator, for which it has been awarded approximately $30m…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.