US-based healthcare company Kaiser Permanente’s corporate venturing unit has secured two unnamed external investors for its fund increasing its size to $170m.
Kaiser Permanente Ventures, which was founded in 1999, invests across the healthcare sector.
The firm has also recruited Sam Brasch as a director from venture firm Frazier Healthcare Ventures and Yan Pu as an analyst. Yan previously worked in life sciences and healthcare strategy consulting at consulting companies IMS Health and Navigant Consulting.