Magnify Ventures Raises $46.6 Million for Healthcare Tech Fund
Early-stage firm Magnify Ventures has secured $46.6 million for its second fund from leading investors, including Melinda French Gates’ Pivotal Ventures.
Investment Focus
Founded in 2021, Magnify Ventures invests in companies building innovative solutions for the care economy, such as assistive robotics, family cybersecurity, and AI for home use.
New Fund Details
The new fund will prioritize investments in AI tools for households, health and home systems, and fintech infrastructure for families.
Magnify Ventures previously raised a $52 million Fund I in 2022, with Pivotal Ventures as a key investor. Notable investments from both funds include childcare startup Kinside and children’s expense management startup Till Financial.
