GV, the venture capital arm of Google parent company Alphabet, has dedicated more than $215 billion of its $650 billion investing capital to healthcare and life science startups, according to Business Insider.
GV not only provides startups with capital but also marketing support, engineering advice and introduction to relevant parties at Google. GV has invested in over 50 healthcare startups, with investments ranging from $100,000 to tens of millions of dollars.
According to GV, these startups not only represent a smart financial investment but also offer great moral benefits.
"One of the best things about investing in healthcare is that we can do well by doing good," said Krishna Yeshwant, MD, MBA, a partner at GV. "Life expectancy is just one (important) measure of that. If we saw an approach we thought was exciting in human life extension we would absolutely invest. However, we invest across all aspects of life sciences and healthcare delivery, with the primary intent being to reduce human suffering."
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