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Germany's first Digital Health Fund: NOVENTI and Wort & Bild strengthen the digital health market

 

60 million euros for the digital health sector

NOVENTI, the Wort & Bild publishing group and pharmaceutical manufacturer URSAPHARM's family office together with "Dieter von Holtzbrinck Ventures" have developed a venture capital fund focusing on investments in digital health solutions. The 60 million Euro fund is aimed at young companies with innovative, digital business models in order to strengthen the healthcare sector in general and the local pharmacy in particular.

Innovations for the local pharmacy

Important goals are building bridges and sustainable know-how transfer. The corona crisis has once again demonstrated to the healthcare industry how important digital solutions are. “We need innovations that benefit stationary pharmacies as well as their customers. We cannot stop the trend of digitization, but we can help shape it and try to use it for the local pharmacy's benefit. ”says Andreas Arntzen, CEO of Wort & Bild Verlag, about his motivation and the publisher’s commitment. 

“Health and our health maintenance is the greatest asset - the current time makes this very clear to us. With market-leading expertise as part of the Digital Health Fund, NOVENTI provides all those outstanding start-ups with a platform, which actively shapes our healthcare market with innovative business ideas. After founding Germany's first central health platform, this further investment in digital health solutions is the next logical step for NOVENTI. It is high time for “The Lion's Den" in the healthcare market.“ says Dr. Hermann Sommer, CEO of NOVENTI Health SE.

Along with capital, the new Digital Health Fund supports young start-ups with extensive industry expertise, their own experience in building successful start-ups and access to strong founder and investor networks. In addition, the new Digital Health Fund offers exclusive access to strong brands such as Apotheken Umschau, Senioren Ratgeber, Digital Ratgaber, Baby und Familie, DIE ZEIT, Handelsblatt and other publications and thus an enormous coverage of start-ups’ individual target groups. With the combined media power, over 50% of German households can be reached via cross-media. "We are sure we will see many exciting start-ups in the digital health field in the coming years and are very happy to support the market leaders of tomorrow early on." says Peter Richarz, Managing Partner of DvH Ventures.

(Contact options for start-ups: health@dvhventures.de)