Philips Innovation

Philips Innovation is the corporate venture capital arm of Royal Philips, focusing on investments in health technology and consumer lifestyle companies. The firm seeks to support innovative startups and scale-ups that align with Philips' mission to improve people's health and well-being through meaningful innovation. By leveraging Philips' extensive industry expertise and global network, Philips Innovation aims to accelerate the growth of its portfolio companies and drive advancements in healthcare and consumer products. The investment strategy of Philips Innovation encompasses various stages, including seed, early stage, and growth investments. The firm is geographically diverse, with a focus on regions such as the Netherlands, United States, India, China, and several European countries. Its industry interests are broad, covering sectors like healthcare, consumer electronics, medical devices, digital health, biotechnology, diagnostics, imaging, therapeutics, personal health, connected care, sleep and respiratory care, oral healthcare, mother and child care, health informatics, and sustainability. Philips Innovation's portfolio includes a range of companies that exemplify its commitment to innovation and improving health outcomes. The firm provides not only capital but also strategic guidance, access to Philips' resources, and opportunities for collaboration, enabling its portfolio companies to scale effectively and make a significant impact in their respective markets.

Innovative solutions in health technology and consumer lifestyle sectors, Alignment with Philips' mission to improve health and well-being, Scalable business models with potential for global reach, Strong management teams with a clear vision and execution capability, Commitment to sustainability and social responsibility