Thursday, June 9, 2022

Wavemaker Three-Sixty Health Raises Second Fund, Worth $64M

Pasadena-based healthare technology investment fund Wavemaker Three-Sixty Health announced this morning that it has raised its second fund, worth $64M. According to WaveMaker Three-Sixty Health, its Fund II is nearly four times the size of its first fund, and will be used to invest in 40-50 early-stage companies in the areas of health-tech, digital health, medical device, telehealth, artificial intelligence, pharma-tech, science and marketplaces. Wavemaker 360's first fund was raised in 2018. The fund's General Partners are John Nackel, PhD and Jay Goss. According to Wavemaker Three-Sixty Health, the new fund brings its total under management to over $85M.

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