Tech Fund With Focus on Healthcare, Cambridge Innotavion Capital, Scores $98.5 Million

Cambridge Innovation Capital, a U.K.-based tech start-up fund focused on the healthcare sector, said it raised $98.5 million (U.K. £75 million) ahead of an expected initial public offering.

Joining the round were Woodford Investment Management, Oman Investment Fund and Lansdowne Partners, according to a report from the U.K.’s Telegraph.

The start-up fund has previously funded 13 companies in the tech & healthcare sectors, including Cambridge Medical Robotics.
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