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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/06\/15\/recharge-capital-womens-health-investment-vehicle\/<\/a><\/br> Demand for IVF is growing worldwide<\/a>, but only 1% of healthcare research<\/a> is invested in female health conditions. Recharge Capital wants to bridge the gap with a new investment vehicle totaling $200 million. It will focus on creating women\u2019s health and fertility care ecosystems in Southeast Asia, Latin America, Europe and the Middle East through investments and roll-ups, including digital healthcare platforms and local clinics.<\/p>\n Today, the New York-based venture firm announced the closure of its first tranche with funding from investors like Peter Thiel, the Olayan Group, Blue Lion Group, the Al Rashid family of the Salmira Investment Fund, the Disney family\u2019s Shamrock Holdings, the Ozmen family of the Sierra Nevada Corporation, Hedosophia\u2019s Ian Osborne and Lovett\u2019s Frank Liu.<\/p>\n Recharge Capital incubates startups, as well as investing in companies that have already been founded. Some of its investments include Southeast Asian fertility services clinic Generation Prime, Mexican fertility clinic Fertilidad Integral, IVF software provider Embryonics and menstrual wellness startup Elix Healing.<\/p>\n Recharge Capital founding partner Lorin Gu told TechCrunch that the firm looks for sectors that can benefit from a mix of venture capital and private equity. It decided to focus on female healthcare because of past successful investments. \u201cIn addition, members of the firm including myself have undergone their own fertility journeys and gained an understanding of areas of improvement that could take place in the industry,\u201d he said, adding that one of Recharge\u2019s goals is to increase access to family planning services around the world.<\/p>\n One demographic Recharge Capital is focused on is medical tourism, because the cost of fertility care in many markets is cost prohibitive, so patients look for care in other countries with easy-to-navigate services and regulations. Its target markets (Southeast Asia, Latin America, Europe and the Middle East) have high demand both domestically and from medical tourists, including from China, where many IVF procedures are strictly regulated, including the ban of their use by single women<\/a>. For businesses that include surrogacy as part of their business model, Gu said Recharge will maintain \u201crigorous compliance\u201d with surrogacy regulations in each of its target markets to make sure patients and surrogates are treated fairly and ethically.\u201d<\/p>\n Instead of a capital call model, Recharge Capital\u2019s women\u2019s heatlhcare investment vehicle will take a milestone-based deployment schedule instead, working with portfolio companies to develop multi-year execution plans. Gu said a milestone-drive deployment schedule gives investors and managers more visibility into how capital is being deployed, and reduced risks for capital usage. Milestones will be based on revenue and EBITDA.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nWith backing from Thiel, Recharge Capital launches $200M women\u2019s health investment vehicle<\/br>
\n2023-06-15 21:55:01<\/br><\/p>\n