Intuitive Ventures

2020: Intuitive Surgical started venture fund for $100 million

At the end of October, 2020 Intuitive Surgical, the producer robots surgeons da Vinci, announced opening of the first investment fund for $100 million under the name Intuitive Ventures. According to company management, the new venture fund will consider the investment possibilities connected with digital instruments, precision diagnostics, focal therapy and platform technologies.

The investment fund will become the first step of Intuitive in the field of a venture capital and is urged to support the independent initiatives in the field of minimum invasive help and adjacent fields of activity.

Julian Nikolchev who works in the development area and commercialization of medical devices more than 30 years was appointed the president of new venture fund and joined Intuitive in 2019. He will also continue to fulfill duties of the senior vice president for corporate development and strategy of parent company.

The producer of da Vinci Intuitive Surgical robots surgeons started venture fund for $100 million

The future of minimum invasive help covers a way of the patient from early diagnostics before treatment and further, - Nikolchev in the press release told. - Intuitive Ventures intends to invest means in advanced technologies of this service industry to provide the great future of health care.

The director of Intuitive Ventures will become doctor Oliver Keown who joined Intuitive Surgical company in 2019 to become the cofounder of fund. Earlier he worked as the investor in GE Ventures and also advised the innovation projects in the field of health care worldwide.

We will be able freely to make use of unique industry experience of Intuitive and its customer relation, - Keun noted. - And the flexible structure gives us the chance to invest means at an early stage and to maintain the promising startups when they enter the market.[1]

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