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Singapore-based Impact Investor Heritas Capital Announces US$60M First Close of Heritas Growth Fund III to Back Asian Emerging Champions Driving Sustainable Covid-19 Recovery


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Pan-Asia Impact Fund to back high-growth emerging champions developing smart platforms that enhance access to affordable quality healthcare and education for sustainable post-Covid recovery, in line with UN Sustainable Development Goals (SDGs)
Builds on successful track record of earlier Growth Funds which have deployed US$150 million to back emerging category leaders including omni-channel healthcare and education solutions, next generation therapeutics, and precision medicine
With first close anchored by impact-conscious investors Tsao Family Office and IMC Group, Fund III will go beyond seeking commercial returns to align intentionality and track material impact metrics that are collinear to scaling business and impact goals at the same time. ....

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Heritas Capital brings out healthcare playbook as it bets on sustained tech adoption


Heritas Capital brings out healthcare playbook as it bets on sustained tech adoption
Source: Olga Kononenko/Unsplash
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Private equity and venture capital investor Heritas Capital is betting that disruptions caused by the pandemic will have re-shaped behaviour to sustain the digitalisation of healthcare and education systems. 
The Singapore-based investment arm of shipping and industrials group IMC Group recently launched its second venture fund (Heritas Venture Fund II) with a target corpus of $30 million to back about a dozen startups in the health tech, edtech, and foodtech sectors. 
It is also launching a $150-million private equity growth fund, Heritas Growth Fund III, to invest in businesses that will include later-stage tech companies. ....

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