Healthcare system Wellstar rolls out $100m venture fund

• Catalyst by Wellstar was created by Georgia-based healthcare system Wellstar
• The fund aims to make more than 50 direct investments in early-stage startups, pre-seed to Series A, over the next five years
• Catalyst by Wellstar’s investments include women’s care company Marani Health and 410 Medical, a provider of a rapid infuser device

Georgia healthcare system Wellstar has launched a $100 million venture fund called Catalyst by Wellstar to invest in promising healthcare startups.

“Wellstar’s long history of innovation and world-class care uniquely positions Catalyst to mentor and grow start-ups,” Dr. Hank Capps, president of Catalyst by Wellstar, said in a statement. “In these challenging times, we need bold innovations and those closest to the patient driving the changes that will make the most difference for each patient, our communities and the healthcare industry.”

The fund aims to make more than 50 direct investments in early-stage startups, pre-seed to Series A, over the next five years and invest indirectly in 150-plus start-ups through limited partner investments with venture and growth equity funds with proven track records of success.

Catalyst by Wellstar’s investments include women’s care company Marani Health and 410 Medical, a provider of a rapid infuser device.