NGT HealthCare II News
6 articles
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With $92m in hand, Nazareth-based VC looks to invest in the Arab community
NGT, a venture capital firm, has launched the HealthCare II Impact Fund with a capital infusion of $92 million to support Arab-Israeli entrepreneurs in the medical industry. The fund aims to tap into the growing talent pool of Arab Israelis in the medical field and bridge the divide between Arab communities and the startup ecosystem. NGT has invested in several portfolio companies, including Plas-Free, Intragel, and Nurami Medical. The funds focus is on early-stage startups and projects in the medtech and biotech sectors. NGT has partnered with Arieli Capital, T3, and Hadasit for the fund. The article highlights the sociopolitical impact of integrating Arab communities into the medical field and the positive effects of diversity in healthcare institutions.
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growth-positive
קרן NGT גייסה 92 מיליון דולר - כדי להזניק את היזמות בחברה הערבית
NGT, a technology investment firm, has invested in biotech start-ups that focus on blood filtration. One of the start-ups, led by Prof. Abad Al Rauf Hagazi, has developed a product that can save lives by filtering blood and creating blood doses to stop life-threatening bleeding. NGT provided the start-up with an initial investment of $1 million. The start-up is currently in the final stages of development and has formed a strategic partnership with a major medical corporation in Asia.
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NGT Healthcare II Fund Raised $92 Million - Israel Electronics News
The article discusses the data collection practices of Techtime, including the collection of personal data such as email addresses and names. The company collects data for business purposes such as enhancing user experience, digital marketing, and search engine optimization. The article also mentions that Techtime uses various cloud platforms and third-party providers for operating the website. The company complies with GDPR requirements and applies necessary measures to protect personal data. Users have rights over their data, including the right to request access, export, anonymization, or erasure of their personal information. The article emphasizes the companys commitment to data protection and privacy.
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https://www.jpost.com/business-and-innovation/article-700760
The Nazareth-based NGT HealthCare II Impact Fund has announced a new fund with commitments of approximately $92 million for investments in its portfolio companies. The funds will be used to promote innovation in medical technology, with a focus on breakthrough academic and medical commercialization technologies. Special attention will be given to promoting entrepreneurship from the Arab sector. The fund plans to invest in about 25 early-stage start-up companies and 16 year zero projects in the fields of biotechnology, bio-convergence, and medical devices. NGT HealthCare II has taken on two new strategic partners: T3, the commercialization arm of the Technion, and Hadasit, the technology transfer company of Hadassah Jerusalem.
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www.jpost.com/business-and-innovation/article-700760
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Nazareth is proving to be a haven for Israeli medical professionals CTech
NGT Healthcare 2, a VC firm, is benefiting from the talent in the Arab community in Nazareth, Israel. The firm focuses on early-stage companies in the life science and medical space. The Arab community in Israel comprises around 20% of the population but has approximately one-third of all doctors. Nazareth, the largest Arab city in Israel, has a pool of talented individuals ready to enter the tech space. NGT Healthcare 2 partners with the Israeli Innovation Authority (IIA) to provide public funding for medical startups. The firm believes that expanding tech ecosystems to regions like Nazareth is crucial for utilizing talent and providing opportunities for success.
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