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Philips Healthcare, VC Fund

Philips Healthcare

VC Fund

Andover, United States

Philips Healthcare is a VC fund in Andover focused on Health Care and Medical Device. Philips Healthcare provides healthcare solutions for diagnostic, treatment, and preventive care. The company’s product portfolio includes CT scanners, ECG equipment, mammography equipment, monitoring equipment, MRI scanners, radiography equipment, resuscitation equipment, ultrasound equipment, molecular imaging devices, X-ray equipment, and more.Philips Healthcare has focused their research and development efforts to develop new approaches in the areas of radiology, cardiology, oncology, decision support, home health, respiratory and other critical areas.Philips Healthcare is a division of Philips, a Dutch diversified technology company that offers consumer electronics and electrical products. The mother company was established in 1891 by Gerard Philips and his father Frederik Philips.

Total investments:
2
Last investment:
Lead investor:
50%

Last updated:

Industries Philips Healthcare invests in

Health CareMedical DeviceLife ScienceTherapeuticsBiotechnology

Stages Philips Healthcare invests in

SeedSeries C

Countries Philips Healthcare invests in

United States

Contacts

NameEmailPhoneSocials
Anirudh Duggal Anirudh Duggal
Ivars Ivanov Ivars Ivanov
Jaime Gamboa Jaime Gamboa
Karen Sörensen Karen Sörensen
See all 8 contacts →

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Investment Focus

Industry

  • Health Care 2 (100%)
  • Medical Device 2 (100%)
  • Life Science 1 (50%)
  • Therapeutics 1 (50%)
  • Biotechnology 1 (50%)

Stage

  • Seed 1 (50%)
  • Series C 1 (50%)

Team

NameTitleInvestmentsLinksEmail
Anirudh Duggal
Anirudh Duggal Senior Software Engineer
Senior Software Engineer Total investments: 0 Find email
Gerard Philips
Gerard Philips Founder
Founder Total investments: 0 Find email
Ivars Ivanov
Ivars Ivanov Digital Marketing & eCommerce Business Partner
Digital Marketing & eCommerce Business Partner Total investments: 0 Find email
Jaime Gamboa
Jaime Gamboa Marketplace & Hybrid Cloud - Portfolio Marketing Leader
Marketplace & Hybrid Cloud - Portfolio Marketing Leader Total investments: 0 Find email
Karen Sörensen
Karen Sörensen CEO Nordic; CEO Philips Capital, Global
CEO Nordic; CEO Philips Capital, Global Total investments: 0 Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Noninvasix Noninvasix
Noninvasix, Inc. (the “Company” or “Noninvasix”) is a medical technology company that has developed a novel solution to non-invasively monitor for the first time, oxygen sufficiency in organs and veins. The Company was founded in 2007 by Dr. Donald Prough and Dr. Rinat Esenaliev at the University of Texas Medical Branch (UTMB) and is based out ofHouston, Texas. The Company has raised over $4.8 million to date including an oversubscribed $2 million seed round in Q2 2020. The platform technology of the Company has been developed with $6 million in grants from the NIH and DOD. The Company has also been a part of prestigious accelerator programs such as Philips Healthworks, TMCx, JLabs, Health Wildcatters and has won multiple awards for their innovation. The non-invasive technology has been clinically validated in multiple peer-reviewed journals. FDA pre-submission has been completed and the FDA has agreed for a De-novo clearance pathway. The IP portfolio of the Company includes 30 worldwide patents and 10 U.S. patents. $2M / Seed / Feb 04, 2021
ALung Technologies ALung Technologies
ALung Technologies is a medical device manufacturing company that develops intracorporeal and extracorporeal gas exchange devices for the treatment of acute and chronic respiratory disorders. Its technology utilizes Hemolung, an extracorporeal gas exchange device that circulates blood through a small catheter; and Hattler Catheter, which is placedwithin the central venous bloodstream in the primary vein that returns blood to the heart and is inserted directly through the skin into the vein.The company was founded in 1997 and headquartered in Pittsburgh, Pennsylvania. $36M / Series C / Apr 11, 2017

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FAQ

What does Philips Healthcare invest in?

Philips Healthcare invests primarily in Health Care, Medical Device and Life Science startups, most often at Seed and Series C stage. Most of the 2 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Philips Healthcare?

Public channels for Philips Healthcare include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Philips Healthcare?

The team at Philips Healthcare includes Anirudh Duggal (Senior Software Engineer), Gerard Philips (Founder) and Ivars Ivanov (Digital Marketing & eCommerce Business Partner), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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