Qatar Investment Authority (QIA) dedicated to healthtech by investing in innovative healthcare companies as well as funds
Latest investment in startups:
🇺🇸 Outpace Bio (Aug 2024, Series B, $144 million, CEO Marc Lajoie) is a cell therapy company using unrivaled AI-powered protein design to program immune cells for improved function inside patients battling solid tumors
🇺🇸 Iambic Therapeutics (Jun 2024, Series B+, $50 million, CEO Thomas Miller) is a clinical-stage biotechnology company developing novel therapeutics using its unique AI-driven discovery platform
🇬🇧 Autolus Therapeutics (Feb 2024, equity investment, $250 million + $350 million, CEO Christian Itin) is a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies
🇮🇳 Global Dental Services (Nov 2023, equity investment, $50 million, CEO Amarinder Singh) India's largest tech-enabled-dental-platform that operates more than 400 company-owned and company-operated dental clinics under the “Clove Dental" banner
🇺🇸 BridgeBio (Sep 2023, PIPE financing, $250 million, CEO Neil Kumar) is a commercial-stage biopharmaceutical company founded to discover, create, test, and deliver transformative medicines to treat patients who suffer from genetic diseases and cancers with clear genetic drivers
🇺🇸 Star Therapeutics (Sep 2023, Series C, $90 million, CEO Adam Rosenthal) is a biotechnology company with a mission to develop life-changing therapies for as many rare diseases as possible for the millions of patients in urgent need
Contact QIA Healthcare Investment Team https://lnkd.in/ezbyKmtM
Investment in funds:
🇶🇦🤝🇫🇷 Future French Champions (May 2024, €300 million) is a joint-venture between Qatar Investment Authority (QIA) and Bpifrance that has invested almost €600 million over two phases to boost economic growth and innovation in France. As the 3rd phase, they have announced intention to increase their commitment by up to another €300 million once the current commitment is fully deployed.
The strategic priorities:
🤖 Artificial Intelligence (AI)
🏿 Semiconductors
⚛️ Quantum Computing
🏥 Healthcare
🚀 Aerospace
⚡ Energy Transition
This year, QIA also announced (https://lnkd.in/eARVkTBT) the creation of a $1 billion VC fund of funds to support the development of the local entrepreneurial ecosystem.
The sectors of interest:
🖥 Technology
🏥 Healthcare
💳 Fintech
🎓 Edtech
Contact QIA Funds Investment Team https://lnkd.in/eRVD5r7k
#QIAInvests in #innovative healthcare companies advancing therapies that are potentially best in class treatments for patients with unmet medical needs.
The pioneering #research and development, introducing cutting-edge solutions to patients in need, from our partnerships with Star Therapeutics, BridgeBio, Autolus Therapeutics, Outpace Bio and Iambic Therapeutics, highlight our commitment to backing #healthcare innovation to help patients and enable #resilience to the drug development landscape.
Find out more here:
https://lnkd.in/dtyKT6fx
Managing Partner at Mission BioCapital; Chairman of Board, LabCentral
6moGreat to have Lumera joining the exciting Nocion investment