'Digital Healthcare Specialist VC' DHP, Launches 7th Fund
Digital Healthcare Partners (DHP), a specialized investment firm for digital healthcare startups, announced on the 16th that it recently received approval from the Ministry of SMEs and Startups for the registration of DHP Private Investment Association No. 7.
DHP is a specialized investment company founded in 2016 by digital healthcare experts, including CEO Choi Yoon-seop. Focusing on investments in digital healthcare startups, it has invested in over 40 digital healthcare startups to date. This seventh fund includes many participants such as medical experts including university hospital professors and senior healthcare startup founders who have successfully gone public (IPO).
So far, DHP has invested broadly across the digital healthcare sector, including medical startups such as Three Billion (AI-based genomic analysis), which recently passed the technology evaluation and is undergoing preliminary listing review, Dr. Diary (diabetes management application), HuPayPositive (chronic disease management), and Vetching (veterinary hospital EMR), as well as wellness startups like Gangnam Unni (cosmetic surgery platform), Happy Monday (women's health), Blue Signum (mental health), and Village Baby (pregnancy and childcare information). Companies invested in by DHP have collectively attracted follow-up investments totaling 95.5 billion KRW.
Through this fund, DHP plans to invest in about 10 digital healthcare startups by the first half of next year. In particular, it intends to actively participate not only in seed investments for very early-stage startups but also in venture investments at growth stages such as Series A and B.
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CEO Choi Yoon-seop stated, "DHP is an investment firm with a mission to achieve medical innovation through startup investments. As the domestic digital healthcare market has recently grown explosively, startups requesting investment from DHP have also grown significantly in both quantity and quality. We plan to invest more actively to seize the opportunities in the growing digital healthcare market."
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