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Investors Aim $1 Billion at Young Companies Trying to Save Our Lives

  • aMoon Ventures raised more than $500 million for new fund
  • Pontifax raised $400m; Israel Biotech Fund seeking $120m
Operations At The Community Clinic Health Center As Senate Will Take Up Doc Fix

Photographer: Andrew Harrer/Bloomberg

The global boom in health-tech investments has hit Israel.

Three local venture capital funds have raised a total of almost $1 billion in recent months, placing bets on young Israeli firms that aim to revamp the world’s healthcare industry that has been slow to adopt new technologies.