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About Philips Ventures
Philips Ventures is a venture capital firm founded in 1998. It is primarily based out of Amsterdam, Netherlands. As of Sep 2023, Philips Ventures has invested in 5 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from HealthTech to Enterprise Applications and High Tech. Most recently it participated in the $***** Series A round of Iomed Health Overall, Philips Ventures portfolio has seen 3 acquisitions, namely Mytonomy and ALung. A lot of funds co-invest with Philips Ventures, with names like UPMC sharing a substantial percentage of its portfolio. Philips Ventures has team of 1 people.Key Metrics
Philips Ventures' List of All Investments
Philips Ventures has a portfolio of 5 companies. Their most notable investments are in Mytonomy and Iomed Health.Their portfolio spans across United States, Germany and Spain. They have invested in HealthTech, Enterprise Applications, High Tech and 3 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of all investments by Philips Ventures:1. Mytonomy
Mytonomy provides a cloud-based microlearning patient education platform that enables hospitals to delivers individualized instruction through a mobile-optimized site. Hospitals can use the platform to provide instructions to clients about the procedures. The platform integrates with hospitals existing EMR, scheduling and also includes analytics that can measure engagement and effectiveness of the microsite.
Key facts about Mytonomy
- Founded Year: 2011
- Location: Bethesda (United States)
- Stage: Acquired
- Total Funding till date: $42.8M
- Employee Count: 50 as on Jul 01, 2024
- Investors: WorldQuant Ventures, Philips and 14 Others
- Latest Funding Round: Series B, Jul 12, 2021, $*****
- Highlight: Acquired
2. ALung
Developer of extracorporeal CO2 removal system to supplement mechanical ventilation. TheHemolung Cartridge couples a centrifugal blood pump and gas exchange membrane into one device.
Key facts about ALung
- Founded Year: 1997
- Location: Pittsburgh (United States)
- Stage: Acquired
- Total Funding till date: $150M
- Employee Count: 27 as on Dec 31, 2022
- Investors: UPMC, West Capital Advisors and 14 Others
- Latest Funding Round: Series C, May 06, 2021, $*****
- Highlight: Acquired
3. N-of-One
NGS analysis, interpretation, and reporting solutions for research and clinical applications. They provide end-to-end solutions for Next Generation Sequencing (NGS) data, catering to both research and clinical needs. Their offerings span secondary analysis, interpretation, and visualization, leveraging knowledge bases and pathway analysis. They offer cloud-based solutions, clinical decision support software, and professional clinical interpretation services. They support various applications including biomedical genomics, microbial genomics, single-cell sequencing, and translational research. Their services aid in biomarker identification, target discovery, and drug discovery. They offer solutions for oncology, hereditary diseases, and rare & undiagnosed diseases. They provide tools for variant analysis, data and pipeline management, and access to curated genomic data. They offer clinical testing solutions, knowledge bases, and services to improve test turnaround times and clinical reporting capabilities. They provide expert-curated content and professional interpretation services for molecular oncology labs. They offer software, databases, and services for researchers and clinicians in the fields of genomics and precision medicine.
Key facts about N-of-One
- Founded Year: 2008
- Location: Lexington (United States)
- Stage: Acqui-Hired
- Total Funding till date: $17.7M
- Employee Count: 19 as on Jul 01, 2024
- Investors: Allumia Ventures, Excel Venture Management and 3 Others
- Latest Funding Round: Series B, Jan 18, 2017, $*****
- Highlight: Editors' Pick
4. Iomed Health
Provider of an AI-based Software for collecting EMR for clinical research. The company leverages the power of unique medical records to provide valuable insights and solutions for the healthcare industry.
Key facts about Iomed Health
- Founded Year: 2016
- Location: Spain
- Stage: Series A
- Total Funding till date: $13.1M
- Employee Count: 48 as on Jul 01, 2024
- Investors: Speedinvest, Philips Ventures and 6 Others
- Latest Funding Round: Series A, Sep 13, 2023, $*****
Provider of holistic health solutions for expectant parents and healthcare professionals. The company offers smart companion and baby app that guides future parents. It also, offers digital assistant for medical and healthcare professionals.
Key facts about Onelife Health
- Founded Year: 2014
- Location: Hamburg (Germany)
- Stage: Seed
- Total Funding till date: $1.5M
- Investors: Flying Health, Philips Ventures and 1 Other
- Latest Funding Round: Seed, Feb 20, 2017, $*****
Philips Ventures' Year-on-Year Investment Trends
Philips Ventures has invested in 5 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Iomed Health and most recent follow-on round was in Mytonomy.Philips Ventures' Investments by Stage
Philips Ventures has made 2 investments in Series A stage with an average round size of $8.87M, 1 investment in Seed stage with an average round size of $1.5M and 1 investment in Series C stage with an average round size of $37.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Seed | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Philips Ventures' Investments by Sector
Philips Ventures has a diverse portfolio, with companies operating in the HealthTech, Enterprise Applications, Life Sciences, Blockchain Technology and High Tech. Notably, it has invested in 5 Enterprise (B2B) companies, 5 Tech companies, 4 Software companies and at least 1 company focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 3 |
Enterprise Applications | 2 |
Life Sciences | 2 |
Blockchain Technology | 1 |
High Tech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Philips Ventures' Investments by Geography
Philips Ventures has made most investments in United States (2), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Germany | 1 |
Spain | 1 |
Note: We have considered here, only first round of investments
Philips Ventures' recent investments
Philips Ventures has not made any investment in 2026 so far.Here are the most recent investments by Philips Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 13, 2023 | Spain | Series A | 2917 | [+4] | |
Jan 03, 2019 | United States | Series A | 5154 | [+2] | |
Nov 29, 2017 | United States | Series A | 3252 | - | |
Mar 2017 | United States | Series C | 2805 | [+5] | |
Feb 20, 2017 | Germany | Seed | 5148 | - |
Acquired companies in Philips Ventures' Portfolio
3 companies from Philips Ventures' portfolio have been acquired. The most recent acquisition were Mytonomy in Mar 2026 by Elsevier.Here are Philips Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 10, 2026 | Nov 29, 2017 | Series A | 1792 | |
May 05, 2022 | Mar 2017 | Series C | 5815 | |
Jan 07, 2019 | - | - | 1172 |
Team profile of Philips Ventures
Philips Ventures has a team of 1 member located in China. Philips Ventures' team does not sit on the board of any company as of now.Co-investors of Philips Ventures
Over the past 9 years, 27 investors have co-invested in Philips Ventures's portfolio companies. This includes funds and angels.
- Invested before Philips Ventures: UM Social Venture Fund, NewSchools Venture Fund and 11 others have invested in rounds before Philips Ventures. There is 1 company where UM Social Venture Fund has invested before Philips Ventures and 1 company where NewSchools Venture Fund has invested before Philips Ventures.
- Top Co-investors of Philips Ventures: 7 investors entered a company along with Philips Ventures. These include investors like UPMC (1 company).
- Invested after Philips Ventures: A total of 7 investors have invested in Philips Ventures's portfolio after their investments. Top Investors include MedStar Health (1 company), George John (1 company) and Gokul Rajaram (1 company).
Recent News related to Philips Ventures
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Healthcare startup Suki.AI raises $55 mn led by March CapitalVCCircle•Dec 08, 2021•Suki, March Capital, Contact Philips, Venrock and 10 others
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AI-enabled disease management software startup DEARhealth scores $6.8M in Series A fundingMobiHealthNews•Jul 17, 2019•DEARhealth, Vesalius Biocapital Partners, Health Innovations, Vesalius Biocapital III and 2 others
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Xealth adds Atrium Health, Cleveland Clinic and MemorialCare to close $14m Series APR Newswire•Jun 20, 2019•Atrium Health, MemorialCare Innovation Fund, Cleveland Clinic, McKesson and 14 others
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Rotterdam-based tech startup LeQuest raises €7M to expand its presence in medical technology educationSilicon Canals•May 03, 2019•LeQuest, BFF MEDFinance, InnovationQuarter, NextGen Venture Partners and 2 others
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CXA Group Raises US$25 Million to Accelerate Expansion Across Asia-PacificYahoo•Mar 13, 2019•CXA Group, HSBC, Singtel, MDI Ventures and 15 others
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LindaCare Raises Seven Million Euro Funding to Improve Remote Patient Monitoring for Chronic Disease ManagementPR Newswire•Jan 23, 2018•LindaCare, PMV, Capricorn Partners, Connecticut Innovations and 2 others
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Bethesda-based Mytonomy Raises $7M Seed RoundCitybizlist•Dec 11, 2017•Mytonomy, MedStar Health, Philips Ventures, Gokul Rajaram and 1 other
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Mytonomy Raises $7M in Series A FinancingFinSMEs•Nov 30, 2017•Mytonomy, MedStar Health, Philips Ventures, Philips and 2 others
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ALung Technologies Closes $36 Million FinancingBusiness Wire•Apr 11, 2017•ALung, UPMC, Philips, Abiomed and 6 others
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Singapore’s CXA raises $25 million to develop its health-focused insurance brokerageTechCrunch+•Feb 08, 2017•CXA Group, Fosun, EDBI, B Capital Group and 5 others
