GE Healthcare teams up with Hungarian venture capital fund manager

GE Healthcare, a leading provider of medical imaging, monitoring and cell therapy technologies has signed a strategic agreement with Hiventures, the venture capital fund manager of the Hungarian Development Bank (MFB), in order to support innovation in the healthcare industry.

“This is a unique opportunity for startups to cooperate with GE in order to promote European innovation, as we believe in the sharing of knowledge,” said Endre Ascsillán, vice president of GE Hungary.

The project will not only improve hi-tech solutions in the health sector, but will also represent an opportunity for start-ups to acquire business knowledge and global recognition.

“Since our launch in 2017, nearly 250 innovative businesses have participated into Hiventures’ investment programmes and more than 14 billion Hungarian forints has been invested,” added Kornél Kisgergely, CEO of Hiventures. “Based on the experience of the past two years, start-ups in the fields of healthcare, medicine and pharmacy areas are the most important when it comes to investment volume, both in terms of quality and quantity. With GE Healthcare, we can further enhance our portfolio in this industry.”