Alphabet's healthcare spinoff, Verily, is doubling the amount of companies in its investment and collaboration hub to about 15 participants.

Verily, the US-based life sciences subsidiary of internet and technology group Alphabet, is expanding its investment activities to include more startups following a $1bn investment, according to TechCrunch.

Partner Space, Verily’s investment and collaboration scheme, is set to increase the number of startups it hosts from between six and eight companies to up to 15 companies, Andy Harrison, head of business and corporate development and ventures lead at Verily, told TechCrunch.

The initiative typically invests in series A or B…